business

South Korean tanker was boarded by armed Iran Guard forces
Middle East

South Korean tanker was boarded by armed Iran Guard forces

SEOUL (AP) — Armed Iranian Revolutionary Guard troops stormed a South Korean tanker and forced the ship to change course…
Gold prices stabilize at LE842 for 21-Karat gold
Business

Gold prices stabilize at LE842 for 21-Karat gold

Gold prices in Egypt stabilized to record LE842 for 21-karat gold, amid expectations that the prices will vary on Tuesday’s…
OPEC, allies adjourn meeting over oil production levels
Middle East

OPEC, allies adjourn meeting over oil production levels

FRANKFURT, Germany (AP) — Members of the OPEC oil cartel and allied countries including Russia on Monday adjourned a meeting…
Egypt’s Ministry of Oil signs two Mediterranean and Red Sea production-sharing agreements with Shell
Business

Egypt’s Ministry of Oil signs two Mediterranean and Red Sea production-sharing agreements with Shell

The Egyptian Ministry of Oil and Mineral Resources has signed two production-sharing agreements (PSC) with Dutch Oil Company Shell for areas…
Gold prices decline in Egyptian market with 21-karat at LE 817
Business

Gold prices decline in Egyptian market with 21-karat at LE 817

Gold prices declined in Egypt on Sunday with the price of 21-karat (the market’s highest selling gold) falling by three…
Japan adopts green growth plan to go carbon free by 2050
World

Japan adopts green growth plan to go carbon free by 2050

TOKYO (AP) — Japan aims to eliminate gasoline-powered vehicles in about 15 years, the government said Friday in a plan…
Eni announces new oil discovery in Egypt’s Western Desert
Business

Eni announces new oil discovery in Egypt’s Western Desert

The Italian Oil Company Eni announced on Wednesday the discovery of new oil resources in Egypt’s Western Desert, adding 10,000…
Study shows how Islamic State built arsenal in Middle East
Middle East

Study shows how Islamic State built arsenal in Middle East

A new study traces an international procurement network that the Islamic State group cultivated over years. A small phone store…
Egypt receives 1st shipment of Chinese vaccine tested in UAE
Egypt

Egypt receives 1st shipment of Chinese vaccine tested in UAE

CAIRO (AP) — Egypt on Thursday received its first shipment of a Chinese coronavirus vaccine, which was tested in the…
Photos: Young Egyptian finds fortune in scorpions
Egypt

Photos: Young Egyptian finds fortune in scorpions

CAIRO (Reuters) – Several years ago, a young Egyptian man abandoned his degree in archaeology to hunt scorpions in the…
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