Media In – Saleh Ali June 23, Egypt’s foreign trade amounted to 25 billion dollars, of which 7.192 billion dollars with Arab countries during the first quarter of 2018. The UAE topped the list of Egyptian exports to Arab countries at $ 723.9 million. According to a bulletin issued by …
Read More »Egypt attracts 13 billion dollars under the umbrella of Chinese initiatives
Media In – Saleh Ali 23 June 2018 Egypt has attracted 13 billion dollars to finance projects under the umbrella of China’s initiatives (Belt and Road) and ASEAN (2025). A recent HSBC report found that most of these projects are based on investments in the transport and energy sectors. The …
Read More »Al-Mazroui: The change and fluctuation of oil prices does not serve producers and consumers
Media In – Vienna 23 June 2018 / WAM / Minister of Energy and Industry Suhail bin Mohammed Faraj Faris al-Mazroui, chairman of the current session of the Organization of Petroleum Exporting Countries (OPEC), said that the change in oil prices does not serve producers and consumers alike. He pointed …
Read More »OPEC” agree on an increase in oil production
“Media In – Agencies 22 June 2018 The Organization of the Petroleum Exporting Countries (OPEC) has agreed to a modest increase in oil production from July. The Organization of the Petroleum Exporting Countries said in a statement that it “will return to full compliance with agreed oil production reductions, while …
Read More »“Smart Services” provides 1.3 billion dirham to government agencies within 3 years
Media In – Abu Dhabi 22 June 2018 / WAM The value of the financial savings of federal government agencies as a result of the application of smart and electronic services amounted to 1.3 billion dirhams over the past three years, according to statistics issued by the Telecommunications Regulatory Authority …
Read More »Oil prices rise by about 1%
Media In – Singapore June 22, 2018 SPA Oil prices rose about 1% on Friday amid uncertainty over whether the Organization of the Petroleum Exporting Countries (OPEC) will be able to agree to increase production at a meeting in Vienna. Brent crude futures rose 73 cents, or 1 percent, in …
Read More »“Emirates Aluminum” provides European “Alodium” rolled products for five years
Media in Abu Dhabi 21 June 2018 / WAM / Emirates Aluminum International (ENEC) today signed a five-year agreement to supply aluminum products to Europe’s Alodium. Rolled aluminum products are used in the manufacture of many products including sheets, slabs and chips that are used in many fields including automotive …
Read More »Minister of Finance: The inclusion of the Saudi stock market in the MSCI index is a significant addition to the Kingdom market
Media In – Riyadh 21 June 2018 SPA Saudi Finance Minister Mohammed bin Abdullah Al Jada’an said the inclusion of Saudi Arabia’s financial market in the MSCI Emerging Markets Index is a significant addition to the Saudi market. “These reforms in the Saudi financial market are in line with the …
Read More »31.8 million barrels of OPEC production in May
Media in Abu Dhabi 21 June 2018 / WAM / The average daily production of members of the Organization of Petroleum Exporting Countries “OPEC” 31.869 million barrels during the month of May, an increase of about 35 thousand barrels compared to 31.834 million barrels in April, according to preliminary statistics …
Read More »million cost of the construction of dry port in the city of 6 October
$ 100 Media In – Cairo – Saleh Ali 21 June 2018 Three Egyptian and foreign financial alliances have started to set up the first dry port in Egypt with $ 100 million in the fourth quarter of this year. The port will be built in the city of 6th …
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