El Molla Highlights Petroleum Achievements in Akhbar Al Yom Conference

• Sunday, 20th December 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has reviewed the significant achievements of the petroleum sector during the period from March up till now despite coronavirus and its consequences. ...

IMF Retracts Saudi Arabia’s Economic Growth Forecast

• Tuesday, 21st January 2020
• by Editorial Team

The international Monetary Fund (IMF) has lowered its forecast for Saudi Arabia’s economic growth to 1.9%, retracting its initial anticipation on the kingdom's economic growth to increase by 2.2% in 2020.

El Molla Meets with Middle East Institute Members

• Sunday, 17th March 2019
• by Sarah Samir

The meeting was attended by head of US oil companies and organized by US Chamber of Commerce, the Egypt-US Business Council and the American Chamber of Commerce in Egypt.

GCC Economies to Recover in 2019 Due to Stable Oil Prices: Moody’s

• Monday, 19th November 2018
• by Editorial Team

The Gulf Cooperation Council (GCC) and Africa will experience higher economic growth in 2019.

IMF: 5.2% Egypt GDP in 2018

• Thursday, 3rd May 2018
• by Sarah Samir

Egypt's gross domestic product (GDP) will reach 5.2% during 2018, up from 4.2% in 2017, according to new IMF projections.

IMF Forecast Cites MENA Growth after Oil Price Recovery

• Thursday, 21st July 2016
• by Egypt Oil & Gas

The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices.

Angola Projects Economic Decline Due to Low Oil Prices

• Tuesday, 12th July 2016
• by Egypt Oil & Gas

Angola's Finance Ministry has halved its economic growth forecast for this year and decreased government's expenditure amid the fall of oil prices which affected the state revenues.

IMF Forecasts Lower Prices to Hurt Africa’s Oil producers

• Wednesday, 29th April 2015
• by Egypt Oil & Gas

Lower oil prices will reduce growth in sub-Saharan Africa's major petroleum producing countries and push governments to implement significant policy adjustments, the International Monetary Fund said on Tuesday.