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World
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Region
11/15/2025 2:56:39 PM
Iran's Revolutionary Guards confirmed on Saturday that they had seized an oil tanker in the Gulf off the country's coast, a day after security companies determined they were likely responsible.
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Sports
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World
11/7/2025 3:31:11 PM
Overshadowed by Bayern Munich's explosive start to the season, RB Leipzig are quietly putting together an impressive opening to their Bundesliga campaign.
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Egypt
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Urban & Transport
11/4/2025 5:19:00 PM
The Suez Canal Authority (SCA) has denied reports claiming it detained the DIGNITY, a Russian-flagged oil tanker, at the Suez maritime anchorage.
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Business
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Economy
11/4/2025 12:55:44 PM
Egypt’s non-oil private sector saw a slower pace of contraction in October, with output volumes declining at the mildest rate in eight months, according to the latest Purchasing Managers’ Index (PMI) data released by S&P Global on Tuesday.
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Business
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Energy
11/2/2025 1:07:10 PM
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual meeting Sunday, as the group continues to seek greater market share.
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World
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War in Ukraine
10/31/2025 7:46:30 PM
Ukraine has carried out nearly 160 strikes on Russian oil facilities so far in 2025, sapping the energy revenues Moscow uses to fund its invasion, Ukraine's security chief said Friday.
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Business
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Markets & Companies
10/30/2025 2:19:39 PM
World shares mostly retreated Thursday in choppy trading after President Donald Trump’s meeting with Chinese leader Xi Jinping.
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Business
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Economy
10/29/2025 6:01:29 PM
Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive annual decline, according to the World Bank (WB)’s latest Commodity Markets Outlook. The report attributes the drop to weak global growth, a widening oil glut, and ongoing policy uncertainty.
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Egypt
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Urban & Transport
10/28/2025 11:08:16 PM
Navigation through Egypt’s Suez Canal is proceeding normally after an oil tanker that briefly ran aground on Tuesday was quickly refloated, the Suez Canal Authority (SCA) said.
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Business
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Energy
10/28/2025 5:13:21 PM
AI and digitalisation can double an oil well's productivity, the head of Saudi Aramco said on Tuesday, insisting fossil fuels would provide a big slice of the world's energy needs for decades.
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Business
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Energy
10/26/2025 10:19:56 PM
The CEO of Algeria's state oil company Sonatrach has been dismissed, state TV reported Sunday, the latest managerial upheaval at the strategic firm in recent years.
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Business
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Energy
10/26/2025 9:40:10 PM
Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world in three years' time with an expansion doubling its capacity, its owner said on Sunday.
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World
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War in Ukraine
10/26/2025 5:01:40 PM
Russia's top economic negotiator on Sunday slammed "titanic attempts" to thwart dialogue with the United States as he visited the country for talks with American officials after Washington imposed sanctions on Moscow's oil companies.
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World
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War in Ukraine
10/25/2025 1:59:23 PM
Russia's top economic negotiator said Friday he had arrived in the United States for talks, two days after Washington imposed sanctions on Moscow's two biggest oil companies.
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World
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War in Ukraine
10/23/2025 7:42:38 PM
Russian President Vladimir Putin said on Thursday the latest US sanctions targeting two major oil firms were "serious", but not strong enough to significantly affect the economy.
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World
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War in Ukraine
10/23/2025 5:25:12 PM
The European Union on Thursday heaped more economic sanctions on Russia, adding to US President Donald Trump’s new punitive measures the previous day against the Russian oil industry.
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Business
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Economy
10/23/2025 1:00:47 PM
World oil prices surged five percent Thursday after US President Donald Trump targeted Russia's key oil industry with new sanctions in a bid to end the war in Ukraine.
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Business
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Economy
10/22/2025 1:30:43 PM
Egypt’s trade deficit decreased by 18 percent between January and September 2025, dropping to $22.7 billion from $27.8 billion during the same period in 2024, according to a statement by the Ministry of Investment and External Trade on Wednesday.
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Business
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Economy
10/21/2025 1:10:12 PM
Economic growth across the Middle East and North Africa (MENA) region is facing renewed pressure as global trade tensions, regional conflicts, and delayed reforms continue to weigh on recovery prospects, according to the International Monetary Fund (IMF)’s Regional Economic Outlook report released on Tuesday.
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Business
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Energy
10/20/2025 8:30:06 PM
The Petroleum Projects and Technical Consultations Company (Petrojet) has secured a preliminary award for the general contractor role in the second-phase development of Algeria’s Hassi Bir Rkaiz oil field, with a total value of $1.087 billion, following a competitive bidding process against major international firms.
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