Tag: Arab economy

Former minister: If not for the discovery of the Zor field, the reserves of the Central Bank in Egypt would have been exhausted

Former Egyptian Oil Minister Osama Kamal reported that "Egypt owed foreign oil companies $6.5 billion in 2011." googletag.cmd.push(function() { googletag.display('div-gpt-ad-news-inread'); })googletag.cmd.push(function() {if (isMobile) {googletag.display('div-gpt-ad-news-under-image-m');}});Osama Kamal added in...

The Kuwait Stock Exchange ended trading down 0.83 percent.

The Kuwait Stock Exchange ended trading, its overall index down 60.05 points to close at 7,184.04 points, down 0.83 percent. googletag.cmd.push(function() { googletag.display('div-gpt-ad-news-inread'); })googletag.cmd.push(function() {if (isMobile) {googletag.display('div-gpt-ad-news-under-image-m');}});During...

Gulf central banks keep pace with the Fed by raising interest rates

The central banks of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and the Sultanate of Oman announced immediate interest rate hikes following...

Qatari authorities signed a memorandum with Egypt on the port of Port Said

Egyptian Minister of Transport Kamel Al-Wazir received Faisal bin Thani Al-Thani, Head of Investment in Africa and Asia at the Qatar Investment Authority, where...

Suez Canal approves 15% increase in transit fees for all types of ships

The head of the Egyptian Suez Canal Authority, Lieutenant General Osama Rabieh, announced a 15% increase in transit fees for all types of ships...

Jordanian authorities received over $10 billion in US support in 7 years

The authorities of the United States of America and Jordan have signed a memorandum of understanding on a strategic partnership between the two countries,...

Worldwide News, Local News in London, Tips & Tricks