Business

Libya, Russia sign cooperation agreement

Tripoli, Mohamed Al Raid, the Head of the Libyan General Union of Chambers of Commerce, signed with Vladimir Badalko, the Deputy Head of the Chamber of Commerce and Industry of Russia, a cooperation agreement in the economic sector.

The agreement, wh…

Digesting Biden exit, markets focus on earnings, data

Washington, World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from the U.S. presidential race, turning their focus to corporate earnings and economic data.

Biden’s exit from the race has cast some doubt on a Republican vic…

Minister Badawi Outlines Efforts to Boost Petroleum Production

Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi to review several important topics related to the petroleum sector.

During the meeting, they discussed the status of imported natural gas shipme…

Basra crude oil price rises with the rise of global oil

The prices of ‘heavy and medium’ Basra crude oil witnessed a slight increase, today, Monday, coinciding with the rise in international oil prices.

The price of Basra Heavy crude recorded an increase of 8 cents, reaching $79.54, and the price of Basra…