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Egypt approved four petroleum concession agreements on June 4, committing $52.97 million across Mediterranean and inland blocks with six wells pledged as IOC arrears near zero.
Egypt's pound maintains stability at 51.87 per dollar as flexible exchange rate policy and 53 billion dollar reserves protect the economy from crisis.
The Saudi consultant freeze reported this week is less a sudden backlash against McKinsey decks than a cash discipline signal from a government whose transformation program...
Riyadh Air just made a massive move. Saudi Arabia’s newest airline has officially launched the Nawat Cabin Crew Program, a bold train-to-hire initiative giving thousands of...
Egypt has announced a major cut in energy subsidies, reducing allocations to about EGP 120 billion in the draft 2026 to 2027 state budget. The move...
Saudi Arabia’s powerful Crown Prince Mohammed bin Salman sparked fresh debate this week by publicly criticizing the 2015 Iran nuclear deal negotiated under then‑President Barack Obama,...
Saudi Crown Prince Mohammed bin Salman delivered a sharp critique of the 2015 Iran nuclear deal this week. He claimed the regime received $150 billion in...
EasyJet has sounded the alarm for British holidaymakers planning summer trips to Turkey, Cyprus and Egypt. The budget airline’s chief executive says forward bookings to these...
A sweeping new energy saving plan in Egypt is set to change the holiday experience for tourists as the government moves to curb rising energy costs...
Egypt is making steady progress in building its downstream chemical industry. The $120 million methanol derivatives facility at Damietta Port has officially moved into the engineering,...
