Category: Affairs

Basra heavy and medium crude prices rose on Wednesday, despite the decline in oil prices in global markets.

Basra heavy crude prices rose 89 cents to $72.39, and Basra medium crude prices rose 89 cents to $75.39.

Oil prices fell, amid expectations t…

Manama, Bahrain All Share Index has closed at 1,948.22 points marking a decrease of 0.68 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 810.29 points, marking an inc…

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 396%.

Subscriptions worth BD 103 million were received for the BD 26 million issue, which …

Deputy Prime Minister, Minister of Planning, Mohammed Tamim, chaired a meeting today, Tuesday, which included the Undersecretaries of the Ministries of Planning and Transport, the Prime Minister’s Advisors for Economic and Technical Affairs, and a num…

The International Monetary Fund (IMF) has projected a substantial increase in Egypt’s gross international reserves.

In its staff report for the third review under Egypt’s $8 billion loan programme, the IMF forecast a rise of 40.889 percent from $47.2…

Rabat – A recent report by Morocco’s statistics arm (HCP, Haut-Commissariat au Plan) has revealed that three regions, namely Casablanca-Settat, Rabat-Salé-Kenitra, and Tangier-Tetouan-Al Hoceima, together generated more than half of the country’s weal…

During the initial half of 2024, Egypt’s chemical industry exports achieved $4 million, constituting 20% of the nation’s total non-oil exports, as per a report from the Chemicals and Fertilizers Export Council.

Plastic exports for the same period tot…

Minister of Petroleum and Mineral Resources Karim Badawi has held an extensive meeting with Eni CEO Claudio Descalzi during his visit to Italy to explore ways to expand collaboration with the Italian energy giant.

During the talks, Eni has affirmed t…

Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, continued her series of meetings with development partners following the formation of the new cabinet and the merging of the planning, economic developm…

India is planning to invest $60 million in establishing a black carbon plant in Egypt. This decision was made during a meeting between Yehia El Wathek Bellah, the Head of the Trade Ministry’s Commercial Representation Authority, and prominent Indian c…

Agriculture Minister Alaa Farouk has stressed the importance of Arab cooperation and integration to achieve agricultural development.

Cooperation is particularly important in terms of food security, Farouk said in a meeting with Director General of t…

Prime Minister Mohammed Shia Al-Sudani issued new directives regarding the Development Road Project.

A statement by his media office said that Prime Minister Mohammed Shia Al-Sudani chaired today, Monday, the periodic meeting of the Supreme Committee…