Thursday 14 Nov

U

Housing Minister unveils investment opportunities in new cities at Cityscape
2024/11/12

Housing Minister unveils investment opportunities in new cities at Cityscape

Engineer Sherif ElSherbiny, Minister of Housing, Utilities, and Urban Communities, highlighted the nation's urban development journey, including the creation of fourth-generation cities, provision of diverse...

Egypt, UAE collaborate on AI-powered oil reservoir management
2024/11/09

Egypt, UAE collaborate on AI-powered oil reservoir management

Ministry of Petroleum and Mineral Resources and Dragon Oil, a leading UAE-based oil and gas company, have signed a Memorandum of Understanding (MoU) to collaborate...

Diesel demand dumps, inventories rise
2024/11/09

Diesel demand dumps, inventories rise

A rare occurrence for a fuel that powers large swaths of the global economy, global demand for diesel is expected to decline this year.

Weak China demand weighs on oil prices
2024/11/09

Weak China demand weighs on oil prices

Oil prices dipped this week as investors grappled with uncertainty following the U.S. presidential election. While China's recent stimulus measures failed to significantly boost market...

Tourism Minister seeks to increase UK tourists
2024/11/09

Tourism Minister seeks to increase UK tourists

Minister of Tourism and Antiquities, Sherif Fathy, met with key airline executives in London to discuss strategies for increasing tourist arrivals from the UK market.

United Energy to boost oil exploration activities in Egypt
2024/11/07

United Energy to boost oil exploration activities in Egypt

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, held a meeting with Song Yu, CEO of United Energy Group. The meeting was attended by...

European gas prices surge on oil rally, weakening winds
2024/11/05

European gas prices surge on oil rally, weakening winds

European natural gas prices surged on Monday, driven by a combination of factors including rising oil prices, subdued weather conditions, and concerns over potential supply...

Egypt, UNIDO partner to boost cotton production
2024/11/05

Egypt, UNIDO partner to boost cotton production

The Ministries of Industry and Trade, Agriculture and Land Reclamation, and the United Nations Industrial Development Organization (UNIDO) have signed a document outlining the second...