BG Raises Output Forecast in Boon for Shell as Deal Nears

  Bloomberg: BG Group Plc raised it’s output forecast in a boost for Royal Dutch Shell Plc, which agreed to buy the U.K.’s third-biggest oil...

Post Macri’s presidency

By Doaa Hussein BUENOS AIRES: Argentina's newly elected president and Cambiemo's "let's change" candidate, Mauricio Macri, celebrated his victorious run-off against Daniel Scioli, after battling in...

Greek shares plunge on first day of market reopen

The nation’s top four lenders - Piraeus Bank, National Bank, Alpha Bank and Eurobank - fell the most, all down 30%, the maximum allowed....

Mitsubishi Strikes a $940m deal with US Aerolease

By Menna Abbas Mitsubishi Aircraft Corporation, a unit of Mitsubishi Heavy Industries, has struck a deal with Aerolease, a US leasing firm to supply 20...

Analysts: US interest rates tend to not hike in September

American analysts expect that the Federal Reserve will not increase interest rates during its next meeting in September. The past meeting of the Federal...

Turkey preys on European refugee crisis to get economic benefits

By Mahmoud Ali In what is regarded by many as blackmail, Turkey managed to reach a deal with Brussels over the European refugee crisis.  It...

German business morale dips in April!

German business morale unexpectedly dipped in April, a survey showed on Monday, with global growth concerns prompting firms to tone down a generally optimistic...

Greece in shock as banks shut

ATHENS: Greeks struggled to adjust to shuttered banks, closed cash machines and a climate of rumors and conspiracy theories on Monday as a breakdown...

9th catastrophic year in a row

Greece’s fledgling economy fell back into recession in the fourth quarter of 2015, as the combination of sky-high unemployment, weak inflation and a shaky...

Uber settles California lawsuit

Uber will pay the cities of San Francisco and Los Angeles up to $25 million as part of a lawsuit that accused the startup...
- Advertisement -

Latest article

El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez

Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...

ETHDCO achieves 109% of its production plan

Eng.  Tarek El Molla, Minister of Petroleum and Mineral Resources, witnessed via video conference the General Assembly meeting of the Egyptian Company...

Eng. El-mulla witnessed ENNPI’s General Assembly and approved business result of FY 2023

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed that the vision of development and modernization launched by the Ministry...