After a year riddled with difficult market conditions, dry wells and regulatory hurdles, the offshore oil and gas sector in the Eastern Mediterranean finally has good reasons to look forward…
Tag:
Egypt
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In an inverted image from the previous week, Gulf markets roared and Egypt flopped in the 22nd week of the year. However, the factors underlying the market movements remained unchanged:…
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Economics and Policy Millions of Egyptians have taken to the streets across the country to demand the resignation of President Morsi. More from The National Bahrain’s economic growth accelerated…
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Economics and Policy The Egyptian government is to supply more gas and diesel to power stations to deal with electricity shortages that have worsened in recent months after the cash-strapped…
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Economics and Policy Gold slipped back into negative territory on Tuesday after bargain hunting tapered off, while daily outflows from exchange-traded funds highlighted investors’ lack of confidence in the precious…
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Economy and Politics Egypt’s bourse hit a two-week high on Thursday after Qatar and Libya pledged $5 billion in funding to the cash-strapped Arab country, while most Gulf markets also…
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Economics and Policy Gold fell to its weakest level in nearly a week on Thursday as strong shares boosted demand for riskier assets. More from Reuters Qatar's prime minister…
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Economics and Policy The European Union's foreign policy chief has met Egyptian President Mohamed Morsi to encourage the country's feuding political leaders to seek a national consensus in tackling mounting…
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Economics and Policy Egypt’s planning minister has said the government expects to reach a final agreement with the International Monetary Fund on a $4.8 billion loan within two weeks, the state news…
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Economics and Politics Egypt hopes to finalise a $4.8 billion loan agreement with the International Monetary Fund this month. More from Khaleej Times Egypt aims to boost its foreign…
