Egypt’s non-oil activities witness strongest growth since October 2020
The Egyptian non-oil private sector registered its best upturn in business conditions in over five years in November, which hints at a strong end to 2025...
Tag : oil
As Lukoil looks to quit Iraq, country faces new energy conundrum
Lukoil holds a 75% stake in the West Qurna 2 oilfield, while the rest is controlled by the state-owned South Oil Company...
Oil prices dip as Novorossiysk Port resumes loadings
Novorossiysk Port resumed oil loadings on November 16, according to media reports and LSEG data...
Oman sets stage for economic transformation
Moody’s highlighted that Oman recorded a budget surplus of 2.8% of GDP in 2024, alongside low inflation and a current-account surplus...
MENA IPOs raise USD 700 million in Q3 2025: Report
Outside the Gulf Cooperation Council, Algeria’s Diar Dzair and Morocco’s Gharb Papier Et Carton SA are reportedly awaiting regulatory approvals for planned IPOs...
Saudi asset management sector on upward trajectory, say ratings agencies
A well-established asset management industry will offer Saudi Arabia’s youthful and expanding population a broader and more diversified selection of investment and savings products...
Will stay dominant in oil, asserts Saudi Aramco CEO Amin Nasser
Aramco still views chemicals as a strategic growth area, even as rivals such as Shell and Exxon Mobil scale back operations...
Angola oil major to roll out 100 EV charging stations by 2028
Sonangol is implementing the Electric Vehicle Charging Points strategy in an effort to promote the decarbonisation of Angola's transportation sector...
European Union regulators set to pause subsidy probe into ADNOC’s Covestro deal
ADNOC's acquisition of Covestro in October 2024 was the largest to date and marked one of the biggest foreign takeovers of a European Union company by a Gulf state...
PIF reports 19% assets growth, USD 171 billion invested in priority sectors since 2021
The findings demonstrate PIF's growing contribution to Saudi Arabia's economic development and the formation of international markets...