Middle East

Oil prices slide amidst dollar surge and Middle East tensions

Geopolitical risks offset greenback gains, keeping oil market on edge

Bank Muscat’s $390 million investment fund gets central bank nod

Investment portfolio includes several banks listed in GCC markets

Egypt’s GDP growth rate slows to 2.65 percent

Compared to growth rate of 4.4 percent in 2022-2023

Oil prices uncertain amid geopolitical tension and weather concerns

Market doubt prevails as global factors impact oil prices

End-of-year turbulence overshadows COP28 success

Red Sea tensions add to shipping costs but energy flows unaffected

Egypt’s IPO program attracts $3.5 billion

Despite global crises, Egypt has maintained balanced economic indicators

Oil prices rise amid domestic challenges and geopolitical tensions

Traders vigilantly monitor supply disruption risks

Morocco joins Integrated Industrial Partnership for Sustainable Economic Development

Joins UAE, Jordan, Egypt and Bahrain to strengthen regional industrial integration

Dragon Oil commences production of crude oil in Egypt

Production set initially at 3,000 barrels of crude oil per day

US economic worries lower global oil prices

Offsetting an earlier $2 increase

Egypt moves to international debt markets, eyes Gulf currency-denominated bonds

Difficulties securing affordable financing currently, given the country’s strict monetary policy and credit rating

Oil prices slip over 1 percent as concerns ease over Middle East supplies

Investors are focused on the outcome of Wednesday's Fed meeting

Top Guinness World Records set in the Middle East

The region continues to break barriers