Business

Oil prices closed approximately 2 % higher at settlement

Oil prices closed, Monday, up about two percent at settlement, recording the highest level in two months, amid expectations of increased demand during the peak summer travel season in the Northern Hemisphere.

Brent crude futures rose $1.60, or 1.9 %,…

16,000 tons of goods handled at Red Sea Ports

About 16,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said the imports included 6,500 tons of goods, 477 trucks and 292 cars, while the exports included …

PM : North Coast icon to attract foreign investments

Prime Minister Moustafa Madbouli asserted that the North Coast of Egypt is one of the key icons that can attract direct foreign investments and is a global tourist destination.

In his speech during a conference declaring an investment partnership pro…

Egypt is a major player in environmental agreements

Dr. Yasmine Fouad, Minister of Environment, praised the forum, which began talking about the idea of the green economy since its first session in 2018, to shed light over the past six years on this important file, at a time when it did not receive dir…