balance

  • Oil Minister: Egypt Witnesses Balance amid Oil Prices Decline

    Oil Minister: Egypt Witnesses Balance amid Oil Prices Decline

    Tuesday, 17th May 2016
    Tarek El Molla, Minister of Petroleum and Mineral Resources, said that Egypt is witnessing a state of balance with regard to dwindling global oil prices. Although this decline in oil prices may slow down the flow of foreign investments, a number of agreements for the development of gas fields were signed.