The US House of Representatives overwhelmingly passed a bill on Monday targeting China’s acquisition of Iranian crude …
petroleum products
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FeatureInternational NewsNews
German wholesale prices dip 3.0% in March ’24
by Aya El Sayedby Aya El SayedGerman wholesale selling prices were down by 3.0 per cent in March 2024 compared to the same …
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Africa NewsEnergyFeature
Uganda to import petroleum products via Kenya’s Mombasa port
by Aya Anwarby Aya AnwarKenya will enable Uganda’s state oil firm to import petroleum products through its Mombasa port, Reuters reported …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt earmarks EGP 596b for subsidies in 2024-25 budget
by Aya Anwarby Aya AnwarEgypt plans to earmark around 596 billion Egyptian pounds ($12.6 billion) for subsidies in its 2024/2025 state …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s trade deficit increases by 17.8% in December – CAPMAS
by Aya Anwarby Aya AnwarEgypt’s trade balance deficit increased by 17.8 per cent year on year (YoY) in December 2023, to …
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FeatureIndustry & TradeInternational NewsMoneyNews
Russia halts gasoline exports for 6 months
by Aya El Sayedby Aya El SayedRussia imposed a six-month gasoline export ban starting on March 1 to stabilise prices due to increased …
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Egypt’s Prime Minister Moustafa Madbouly said on Saturday that the country will be able to produce all …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s exports to South Korea hits 161% in 2022
by Nada Aliby Nada AliEgypt’s exports to South Korea recorded significant growth of 161 percent in 2022 year-on-year to $1.69 billion, …
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FeatureIndustry & TradeTech/AI
Egypt to achieve self-sufficiency in petroleum products by 2023; says minister
Egypt will be achieving self-sufficiency in petroleum products – gasoline and diesel – in 2023, after the …
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Kuwait gave initial approval to renew a multi-billion dollar contract to supply Egypt with crude oil and …