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Business
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Energy
1/29/2025 2:43:02 PM
The Ministry of Petroleum and Mineral Resources announced Wednesday that pre-drilling estimates for the East Crystal-1 well in the Gulf of Suez indicate reserves of approximately 8 million barrels of crude oil.
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World
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War in Sudan
1/25/2025 10:45:43 PM
Fighting around Sudan's largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows, sending thick, black smoke over the country's capital.
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Al-Ahram Weekly
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World
1/23/2025 9:12:00 AM
Overcoming the deep economic crisis in Lebanon requires foreign assistance, but the oil-rich countries of the Gulf are cautious about providing it
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World
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War in Ukraine
1/16/2025 4:37:47 PM
Ukraine confirmed Thursday that its forces had struck an oil depot in western Russia, where officials had said earlier that Kyiv's drones had sparked a blaze in the Voronezh region bordering Ukraine.
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World
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International
1/7/2025 5:32:55 PM
Donald Trump Jr made a private visit to Greenland on Tuesday, just weeks after his father restated his interest in the mineral- and oil-rich Danish autonomous territory, which itself wants independence.
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Business
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Economy
1/6/2025 2:52:14 PM
Egypt's Purchasing Managers' Index (PMI) for the non-oil sector dropped to an eight-month low of 48.1 points in December, S&P Global said on Monday.
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Business
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Economy
1/2/2025 2:25:06 PM
Major European and Asian stock markets began 2025 in the red as investors await planned tariffs from US president-elect Donald Trump, adding to China's economic struggles.
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World
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International
12/20/2024 3:29:03 PM
US President-elect Donald Trump on Friday threatened the European Union with tariffs if the bloc does not reduce its "tremendous" trade gap with Washington through oil and gas purchases.
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World
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War in Ukraine
12/15/2024 4:00:38 PM
Two Russian oil tankers have taken heavy damage amid a storm in the Kerch Strait, spilling oil and sparking an emergency rescue operation, Russian officials told state news outlets Sunday.
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World
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Region
12/15/2024 12:11:11 PM
Clashes broke out Sunday between armed groups in a western Libyan city, trapping residents in their homes and causing fires in the country’s second-largest oil refinery, officials said.
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Business
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Markets & Companies
12/10/2024 9:10:38 PM
Global stock markets diverged Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.
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Business
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Markets & Companies
12/3/2024 7:57:10 PM
Stock markets struggled for direction Tuesday as investors weighed Chinese stimulus hopes, political tensions in France and the US interest-rate outlook.
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Business
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Economy
12/3/2024 1:39:22 PM
Egypt’s Purchasing Managers' Index (PMI) for the non-oil business sector rose for the second consecutive month to reach 49.2 points in November, up from 49.0 points in October, according to a report released by S&P Global on Tuesday.
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Business
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Markets & Companies
11/19/2024 8:23:02 PM
Stock markets fell in Europe and were mixed on Wall Street as fears of escalation of Russia's war against Ukraine prompted investors to retreat.
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World
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Africa
11/16/2024 12:16:16 PM
Gabon on Saturday held a referendum on a new constitution that the ruling junta calls a "major turning point" after a coup ended 55 years of rule by the Bongo dynasty in the oil-rich nation.
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Business
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Energy
11/12/2024 5:19:52 PM
The Egyptian Competition Authority (ECA) announced on Sunday the approval of Emirates ADQ, an Abu Dhabi-based investment holding company, acquiring stakes in three Egyptian oil companies.
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Business
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Markets & Companies
11/5/2024 7:28:24 PM
Major stock markets mostly rose and the dollar remained under pressure Tuesday as Americans cast votes in a knife-edge presidential election.
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Al-Ahram Weekly
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Sufra Dayma
11/5/2024 5:45:25 PM
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Business
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Economy
11/5/2024 2:04:43 PM
Egypt’s Purchasing Managers' Index (PMI) for the non-oil business sector increased slightly by 0.4 percent in October to 49 points, up from 48.8 points in September, according to a report released by S&P Global on Tuesday.
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Business
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Markets & Companies
11/4/2024 7:37:49 PM
European and US stock markets mostly fell and the dollar slid Monday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese stimulus measures.
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