After U.S. exit, Asian nations try to save TPP trade deal

Australia and New Zealand said on Tuesday that they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations to...

Oil soars to one-year high on Putin output cap comment

Oil rose to one-year high after Russian President Vladimir Putin said on Monday that his country was ready to join OPEC efforts to stem...

Baoshan & Wuhan will merge to create world’s second-largest steel producer

By Aya Khodair Two of China’s largest steel companies have announced plans to merge for creating the world’s second largest steelmaker, as the industry struggles...

Chinese are the biggest investors in the US

By Aya Khodair Chinese nationals have become the largest foreign buyers of US & Western World’s top property buyers in Canada, Australia and other parts...

“Finance and enhancing growth, trade and investment, infrastructure, small & medium-sized enterprises, employment, and...

The 11th G20, Group of Twenty, Summit will be held in Hangzhou, Zhejiang on September 4 and 5 under the theme of “Toward an...

The Turkish economy suffers a slowdown

Foreign investors are leaving the Turkish market, banking sectors’ assets are falling and banks’ capitals are deteriorating. Consequently, the Turkish economy and Lira are...

Iran reaches agreement to buy 100 Boeing aircraft

Iran said it has reached an agreement with American aerospace giant Boeing to purchase 100 aircrafts to renew its ageing fleet, though the deal...

How did China make it?

  Recently, the Chinese government released a significant economic report about a remarkable decline in its poverty rate; the report indicated that China was able...

Russia, GCC countries approve oil & gas projects

Russia and member countries of the Gulf Cooperation Council (GCC) have approved projects in oil and gas, energy and high-tech spheres, Russian Foreign Minister...

Iran’s oil exports surge 60pc from a year ago

TOKYO,  Iran's oil exports are set to surge in May, climbing nearly 60 percent from a year ago, with European shipments recovering to about half...

A letter from the Indian Ambassador to Egypt

“Trade between India and Egypt increased by about 60 per cent over the last five years and this is really remarkable, as you will...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...