oil
Cleric arrest spooks Saudi markets, oil
World
March 1, 2011
Cleric arrest spooks Saudi markets, oil
Dubai--Saudi Arabian shares suffered the biggest fall in more than two years and oil prices spiked higher on Tuesday as…
UN Security Council imposes sanctions on Qadhafi
World
February 27, 2011
UN Security Council imposes sanctions on Qadhafi
The UN Security Council unanimously imposed travel and asset sanctions on Libyan leader Muammar Qadhafi and close aides, ratcheting up…
World powers struggle to find way to stop Qadhafi
World
February 26, 2011
World powers struggle to find way to stop Qadhafi
World powers struggled to find a way to stop Libyan leader Muammer Qadhafi lashing out at his people as he…
Oil surges, Asian markets fall on Mideast concern
Business
February 24, 2011
Oil surges, Asian markets fall on Mideast concern
Hong Kong--Oil prices surged and Asian stock markets plunged on Thursday, as traders worried about turmoil in Libya and possible…
Algerian police try to break up protest in capital
World
February 19, 2011
Algerian police try to break up protest in capital
Algiers--Algerian police in riot gear used batons Saturday to break up a crowd of about 50 opposition supporters trying to…
Egypt’s trade deficit jumps by over 40% in one year
Business
January 23, 2011
Egypt’s trade deficit jumps by over 40% in one year
Egypt's trade deficit climbed by 42.6 percent in October 2010 compared to the same month in 2009, the Central Agency…
Oil discoveries in Upper Egypt to fuel investments, says minister
Business
January 22, 2011
Oil discoveries in Upper Egypt to fuel investments, says minister
Egypt's Oil Ministry said on Saturday it expected an influx of new investments and agreements from international companies for further…
Oil truck fire extinguished near Assiut
Egypt
December 27, 2010
Oil truck fire extinguished near Assiut
Civil defense teams managed on Monday to put out a fire that started when a truck loaded with 35,000 liters…
Iraq’s oil minister: Kurds can export their oil through nation’s network
World
December 25, 2010
Iraq’s oil minister: Kurds can export their oil through nation’s network
Iraq's newly appointed oil minister said on Saturday that Kurds can sell their oil to the outside world only through…
Government announces 5 year energy strategy
Business
December 24, 2010
Government announces 5 year energy strategy
The ruling National Democratic Party (NDP) has devised a five-year strategy aimed at securing Egypt's energy needs.The plan--to be announced…