Category: September 30, 2024

New measures to support Egypt’s industry, exports

Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, announced on Monday 30/9/2024 that centralised distribution of mazut to building materials factories shall start on October 1st.

The Ministerial Group for Industrial Devel…

Hezbollah targets Israeli infantry force with artillery

The Lebanese Hezbollah announced that its fighters targeted an Israeli infantry force at Al-Sadah site with artillery shells, and achieved direct hits.

The party said in a statement: ‘In support of our steadfast Palestinian people in the Gaza Strip a…

Egypt affirms timely payments of oil foreign partners’ dues

The Egyptian programme for paying dues to foreign partners in petroleum sector is on track, with regular payments set to continue from October, Minister of Petroleum and Mineral Resources Karim Badawy affirmed on Monday 30/9/2024.

Badawy further high…

John Cockerill joins $900m green ammonia project in Egypt

John Cockerill, a global company, is set to enter into a partnership with Scatec and other companies to implement a green ammonia production plant in Damietta, Egypt, with an investment exceeding $900 million.

During a meeting with Egypt’s Petroleum …

Oil rises on Middle East supply risks

Oil prices rose on Monday, affected by increasing concerns about a possible disruption in supply from the Middle East region, after Israel intensified its attacks.

By dawn today, Brent crude futures for November delivery rose 16 cents, or 0.22%, to $…

Jadu Filling Station to Enhance Fuel Access for Residents

Tripoli: The Jadu filling station will enhance access to fuel services for the city’s residents and surrounding areas. Brega Oil Marketing Company announced on Tuesday the completion of civil and construction works for the instant fuel filling station…