Category: Affairs

Basra crude achieves significant weekly gains

Basra crude “heavy and medium” achieved weekly gains exceeding 8%, with global oil prices also recording significant weekly gains.

Basra heavy crude closed in its last session yesterday, Friday, up $2.27 to reach $72.48, and recorded weekly gains of …

Cairo, Alexandria top 10 African cities with cheapest groceries

Egypt’s Cairo and Alexandria topped Numbeo grocery index for 10 African cities with the cheapest groceries mid-2024.

The Numbeo grocery index estimates grocery prices in a city relative to New York City. Numbeo calculates each city’s index using item…

Egypt, Norway discuss cooperation in different fields

Minister of Investment and Foreign Trade Hassan el Khatib asserted that Egypt and Norway have special economic ties that go back for long time of joint cooperation in the different domains and at the different levels.

Khatib pointed out to the import…

GAFI chief: Egypt attracts fresh French investments

Egypt has successfully attracted a large number of global and French companies to invest in the country, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said in a statement Saturday 5/10/2024.

These companies aim to ben…

Supply concerns drive oil prices up more than 5 percent

Oil prices jumped, at the end of Thursday’s trading, with attention focused on major crude producers in the Middle East and growing concerns that the expansion of the conflict in the region could pose a threat to global supplies.

Brent crude futures…

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…