Tag: BUSINESS

HURGHADA, Egypt - The Red Sea Ports Authority (RSPA) said 372 trucks and 3,153 tons of goods were handled at ...

UN agency warns Ukraine war could trigger 20% food price rise

ROME - International food and feed prices could rise by between 8% and 20% as a result of the conflict ...

27 container ships, cargo vessels handled at Damietta port

DAMIETTA, Egypt - As many as 27 container ships and cargo vessels were handled at Damietta Port in the past ...

Russian gas flows on key pipelines to Europe remain steady

OSLO - Russia continued to send pipeline gas into Germany via Nord Stream 1 and Poland and into Slovakia via ...

South American nations push to exclude fertilizer from Russia sanctions

SAO PAULO – Six South American nations are proposing the exclusion of fertilizer from sanctions on Russia, a major world ...

Attack on refinery in Riyadh did not affect petroleum supplies

RIYADH - A refinery in Saudi Arabia's capital, Riyadh, was attacked by a drone on Thursday but petroleum supplies were ...

Analysis: Ukrainian crisis casts shadow on Egypt’s economy

by Ahmed Kamel

March 7, 2022

Global uncertainty resulting from the repercussions of the Russian military action against Ukraine is doomed to severely impact the world ...

Gamea: Sewedy to chair Egyptian-Algerian business council

March 6, 2022

CAIRO -- Trade and Industry Minister Nivine Gamea issued a decision to have Ahmed El Sewedy, CEO of El Sewedy ...

(UPDATE) Oil rises above $113 as Ukraine conflict offsets Iran supply hope

March 4, 2022

LONDON - Oil rose above $113 a barrel on Friday in a volatile session as fears over disruption to Russian ...

Egypt’s Petroleum min. discusses with Eni pumping investments in Gulf of Suez, Nile Delta regions