Palm Hills Egypt comments on the news that the Saudi Investment Fund is seeking to buy a stake in the company
Cairo – Mubasher: Palm Hills Development Company denied receiving any official notifications regarding the sale by one of the main shareholders of his share in the company. This came in a statement in response to the Egyptian Stock Exchange’s inquiries about what was being traded under the title (The Saudi Public Investment Fund seeks to […]
After acquiring a majority stake in Metito… Alpha Dhabi shares rise 0.5%
Mohamed Shaker – Mubasher: The shares of Alpha Dhabi Holding, listed on the Abu Dhabi Securities Market, rose during Monday’s trading, coinciding with its acquisition of a majority stake in Metito Holding Company Limited, which operates in the field of water and wastewater treatment. During today’s trading, by 10:52 AM UAE time, the stock rose […]
Doubts about consumption prospects could cause oil price increases to slow down
Pumping gas for a vehicle at a gas station in Cairo, Egypt. (Photo: AFP/TTXVN) Analysts from Morgan Stanley bank (USA) said oil prices could reach nearly 100 USD/barrel, but a series of factors could prevent a sustainable increase above that level. That is the expected increase in output of countries outside the Organization of Petroleum […]
IFAPA Researchers Participate in the International Olive Symposium 2023
Four researchers from IFAPA have participated in the IX International Olive Symposium 2023 that took place between September 10 and 15 at the UC Davis (California). This event, held every four months and organized by the International Society for Horticultural Science (ISHS)represents an opportunity for researchers and groups interested in the sector to share the […]
Blackmail or threat? – Vedomosti
On September 21, Russian Prime Minister Mikhail Mishustin signed Resolution No. 1537 “On the introduction of a temporary ban on the export of commercial gasoline and diesel fuel from the Russian Federation.” The next day, prices fell by an average of 11.63%. On September 22, during trading on the St. Petersburg Exchange, the price of […]
[미리보는 이데일리신문]Interest rate, exchange rate, and oil price ‘triple trouble’ gets longer
[이데일리 김성진 기자]The following is the main article in the Edaily newspaper dated the 25th. △Page 1 -Interest rate, exchange rate, and oil price ‘triple hit’ becomes longer -Ne·Kao U.S. Big Tech is beating the bird with its hands and feet tied -6 out of 10 manufacturing companies say, “It is difficult to achieve this […]
Oil markets: fears of the Russian ban on fuel exports push Brent to $93.5 per barrel
Oil prices rose during yesterday’s trading, after fears that a Russian ban on fuel exports could lead to a reduction in global oil supplies outweighed concerns that another possible increase in interest rates in the United States might negatively affect demand for fuel.Brent crude futures rose 21 cents, or 0.2 percent, to $93.51 per barrel […]
The UAE Central Bank keeps the base rate at 5.4%
Live: The Central Bank of the United Arab Emirates decided to keep the “base rate” on overnight deposit facilities unchanged at 5.40%, starting tomorrow, Thursday, September 21, 2023. This decision comes after the Federal Reserve announced that it would keep the interest rate on reserve balances unchanged at its meeting held today. The Central Bank […]
Once a Student, Malaysia’s Oil and Gas Industry Now Beats RI
Jakarta, CNBC Indonesia – The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is threatened with being disbanded if the revision of Law No. 22 of 2001 concerning Oil and Gas (UU Migas) is officially passed. Member of Commission VII DPR RI Mulyanto said that the DPR and the government are […]
Oil consumption is at a record high
Bloomberg 20.09.2023 • 11:33 The oil majors say they support the transition to cleaner forms of energy, but on the condition that the oil will continue to play a key role for several decades to come. In the World Petroleum Congresswhich is being held these days in Calgary, Canada, its leaders Saudi Aramco and her […]