Al Ramli housing project to be finished by 2016
Bahrain’s Ministry of Housing (MoH) is expected to award the infrastructure and construction contract for the Al Ramli housing project in June 2016, according...
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...
Chinese dragon losing its shine for foreign firms
The once irresistible allure of the Chinese market to foreign multinationals is losing some of its lustre as slowing growth in the world’s second-largest...
World Bank Projects 26% Drop in Energy Prices, 21% in Commodity Prices
The World Bank expects global energy prices to drop by 26% this year, in addition to a halving of natural gas prices...
Ministry of Petroleum: Digging 7 wells in ‘Zohr’ gas field, to produce 2.7 billion...
By Ahmad Abu El-Hamd
The Ministry of Petroleum and Mineral wealth has announced that 7 wells have been dug within 'Zohr' gas field development project...
GASCO studies new projects worth of $620m
Egyptian Natural Gas Company (GASCO) studies launching new petrochemical projects worth of $620m.
According to the Ministry of Petroleum’s statement, GASCO studies transferring Raven field...
Qatar World Cup 2022 development plan
The cost of construction materials in Qatar is likely to jump as the host nation intensifies infrastructure building ahead of the 2022 World Cup,...
EU finances two tourism projects
Ahmed Al-Wakeel, head of Alexandria Chamber of Commerce and the Federation of Egyptian Chambers of Commerce, said that the EU will finance 2 regional...
Prince Alwaleed thanks the Saudi people
RIYADH: As an expression of his gratitude to the Saudi nation and its people, Prince Alwaleed bin Talal announced the resumption of the two...
Greece crisis threatens Gulf countries
by Maye Kabil: Greeks rejected austerity conditions of a rescue package from creditors last Sunday, throwing the future of the country’s Eurozone membership into...
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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...