Egypt’s budget has achieved an initial surplus of EGP 857 billion in the FY2023/2024, which ended on 30 June, compared to EGP 164 billion in the previous year, marking a 422 percent increase, Minister of Finance, Ahmed Kouchouk, stated on Wednesday17/…
Prime Minister, Mostafa Madbouly, recently held a meeting with Stephen Carter, the CEO of the renowned British Informa PLC Group.
The primary agenda of the meeting was to explore avenues of collaboration in promoting and attracting foreign investment…
Prime Minister (PM) Dr. Mostafa Madbouly met, on Wednesday 17/7/2024, with US ambassador to Egypt, Herro Mustafa Garg.
The Prime Minister welcomed the U.S. Ambassador, emphasizing the strong strategic and historical relations between Egypt and the Un…
Tourism and Antiquities Minister Ashraf Fathy discussed with UAE Ambassador to Egypt and Permanent Representative to the Arab League Mariam al Kaabi ways of boosting bilateral cooperation in the spheres of tourism and antiquities.
During the meeting,…
Egypt has received five international shipments of liquified natural gas out of 21 contracted cargoes as part of the country’s urgent plan to provide for the needs of power plants, said the state-owned Egyptian Natural Gas Holding Company (EGAS).
In …
Minister of Petroleum and Mineral Resources Kareem Badawi underscored the Egyptian government’s commitment to rescheduling payment for international companies engaged in the nation’s petroleum sector, highlighting the establishment of a payment mechan…
Irrigation Minister Hany Suwilam lauded the cooperation between Egypt and Italy in the field of water which is reflected in implementing ‘water knowledge project’ funded by the Italian Agency for Development Cooperation (AICS), asserting that the impo…
Egypt’s Finance Minister, Ahmed Kouchouk, has reaffirmed the government’s commitment to creating a strong environment that attracts both domestic and international investors across all sectors of the economy.
Speaking at the Egypt Mining Forum on Tue…
Russia announced that the global oil market will be balanced in the second half of the year and beyond thanks to the OPEC Plus alliance agreement on production.
Russian Deputy Prime Minister Alexander Novak said that the OPEC Plus alliance, which inc…
The Ministry of Electricity and Renewable Energy revealed Tuesday that the electricity linkage between Egypt and Saudi Arabia would begin operation in Fall 2025 with a capacity of 3,000 megawatts as a first phase.
The project – implemented by a conso…
Oil prices fell today, Tuesday, due to fears of a slowdown in the Chinese economy, which is putting pressure on demand, but the growing consensus that the Federal Reserve (the US central bank) will begin lowering interest rates next September limited …
Oil prices fell at settlement at the end of Monday’s trading.
Brent crude futures fell 18 cents, or 0.2 %, to settle at $84.85 per barrel.
US West Texas Intermediate crude also fell 30 cents, or 0.4 %, to reach $81.91 per barrel upon settlement.
Th…
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…
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…
Tripoli: The Tebyan platform has officially denied the truthfulness of reports circulating on various social media platforms, which claimed that the Government of National Unity was involved in handing over a wanted person to Egypt. This assertion com…
Tripoli: All parties in Libya must put aside their factional interests to achieve common national goals. The Head of the European Union Delegation to Libya, Nicola Orlando, affirmed that broad consensus on the High National Elections Commission and th…
Libyan Newswire is a trusted online news platform dedicated to providing comprehensive and reliable coverage of news and events in Libya. With a commitment to delivering accurate and up-to-date information.