Category: Affairs

Oil prices fall by more than 1%

Oil prices fell by more than one percent on Wednesday, as concerns about demand in China persisted and the risks of a broader economic slowdown increased.

Brent crude futures fell by $1.15, or 1.45 %, to $78.40 a barrel, while US West Texas Intermed…

Bahrain All Share Index marks 1,928.19 points

Manama, Bahrain All Share Index has closed at 1,928.19 points, marking a decrease of 0.40 points below the previous closing.

This decrease was due to the drop in the consumer discretionary sector and the material sector.

Bahrain Islamic Index close…

Casablanca Stock Exchange Opens on Positive Note

Stock Exchange (Casablanca) – The Casablanca Stock Exchange started trading higher on Tuesday, with its benchmark index, the MASI, gaining 0.23% to 13,963.04 points.

Shortly after opening, the MASI.20, an index of the 20 most liquid stocks, and the M…

Oil prices decline slightly amid supply concerns

Oil prices fell slightly, today, Tuesday, after rising by more than seven percent in the previous three sessions, against the backdrop of supply concerns.

Brent crude futures fell 36 cents, or 0.4 percent, to $ 81.07 a barrel, and US West Texas Inter…

Oil prices decline in early Asian trading

Oil prices fell in early Asian trading on Tuesday, after rising in the previous three sessions.

Brent crude futures fell by 32 cents, or 0.39 %, to $81.11 a barrel by 01:45 GMT, while US West Texas Intermediate crude futures fell by 36 cents, or 0.46…

EGAS announces bid to explore natural gas in 12 regions

The Ministry of Petroleum and Mineral Resources has recently initiated a fresh global bidding process for 2024 through the Egyptian Natural Gas Holding Company (EGAS).

This bidding aims to explore natural gas and crude oil in 12 sectors across the Me…

PM Madbouly reappoints Ahmed Elsheikh EGX chairman

Prime Minister Mostafa Madbouly issued a decree to reappoint Ahmed Elsheikh as the Egyptian Stock Exchange’s (EGX) chairman and Heba ElSerafi as the vice chairman for a one-year term, starting 26 August.

Elsheikh was appointed chairman of the EGX on …

36,000 tons of goods handled at Red Sea ports

About 36,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said imports included 5,000 tons of goods, 432 trucks and 96 cars, while the exports included 31,00…

Egypt, Sierra Leone discuss cooperation chances

Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, met on Monday with Sierra Leone Ambassador in Cairo Sadiq Silla.

They discussed chances of bilateral cooperation in the industrial domains.

A st…

Libyan-Syrian Talks in Tripoli to Strengthen Relations

Tripoli: The Acting Minister of Foreign Affairs and International Cooperation, Taher Al-Baour, met today, Sunday, with the Minister of Foreign Affairs and Expatriates of the Syrian Arab Republic, Asaad Hassan Al-Shaibani, to discuss ways to strengthen…

Libyan-Syrian Talks in Tripoli to Strengthen Relations

Tripoli: The Acting Minister of Foreign Affairs and International Cooperation, Taher Al-Baour, met today, Sunday, with the Minister of Foreign Affairs and Expatriates of the Syrian Arab Republic, Asaad Hassan Al-Shaibani, to discuss ways to strengthen…

USA Welcomes Chevron’s Return to Libya

Tripoli: The United States welcomed Chevron’s return to Libya and the resumption of its cooperation with the National Oil Corporation.

According to Libyan News Agency, the US Embassy in Libya confirmed on its official website that this partnership …