Category: BUSINESS

Badawi, UAE Ambassador Explore Investment Opportunities in Egypt

In a meeting with the Minister of Petroleum and Mineral Resources Karim Badawi, the UAE’s Ambassador to Egypt Maryam Al Kaabi said that Egypt is an attractive destination for investments expressing UAE’s desire to strongly invest in the Egyptian oil a…

Oil prices decline with the rise of the dollar

Oil prices fell for the second day in a row with the rise of the dollar amid political uncertainty in the United States.

Brent crude futures fell 55 cents, or 0.7 %, to $84.48 per barrel, after closing 37 cents lower last Friday.

The price of US Wes…

Iraq resumes negotiations to join the World Trade Organization

The Minister of Trade, head of the Iraqi team concerned with joining the World Trade Organization, Athir Al-Ghariri, announced today, Monday, the resumption of negotiations to join the World Trade Organization, after a hiatus that lasted more than 16 …

ICT Minister: Egypt set to launch eSIMs in next 2 months

Egypt is expected to launch electronic SIM cards, known as eSIMs, into the local market in the coming two months, explained Minister of Communications and Information Technology (MCIT), Amr Talaat, at a press conference on Monday.

Compared to physica…

Gold prices fall to $2,409.54 per ounce

Tokyo, Gold prices declined on Monday as the dollar strengthened, with investors awaiting comments from Federal Reserve officials and economic data for further clues on US interest rates.

Spot gold fell 0.1% to $2,409.54 per ounce. US gold futures dr…

CBB 12 Month Treasury Bills oversubscribed by 108%

Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 108%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is July 18, a…

Al-Baour and Niang Discuss Enhancing Bilateral Cooperation

Tripoli:Taher Al-Baour, the official in charge of the Ministry of Foreign Affairs and International Cooperation of the Government of National Unity, met with Cheikh Niang, the Senegalese Minister of African Integration, Foreign Affairs, and Senegalese…

Libya and Philippines Discuss Enhanced Bilateral Cooperation

Amman:Ashraf Al-Taib, the Director of the International Cooperation Department at the Ministry of Foreign Affairs, met with Roderico C. Atienza, Chargé d’Affaires of the Philippine Embassy in Libya, to explore ways to strengthen and develop relations …