Fitch Solutions: Egyptian Petrochemical Sector Exports Grew 45% in 2021

• Wednesday, 3rd May 2023
• by Fatma Ahmed

Fitch Solutions indicated that the Egyptian petrochemical, chemical, and cement industry exports have grown by 45%  reaching $6.7 billion by 2021 driven by natural gas growth and high prices, the Information and Decis...

Monday Minutes: Economic Snapshot

• Monday, 10th August 2020
• by Fatma Ahmed

A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience. July 27 to August 10 Coverage: CBE announced that net international reserves reached $38.314 bil...

Kuwait Energy Looks to Sell Iraq Asset to Repay Debt

• Monday, 21st May 2018
• by Editorial Team

Independent oil and gas company Kuwait Oil is considering selling all or part of its Block 9 asset in southern Iraq, and has hired investment bank Perella Weinberg Partners (PWP) to advise on the matter, Reuters repor...

Sanctions Will Cause Russian Oil Production to Drop in 2016: Fitch

• Wednesday, 15th July 2015
• by Egypt Oil & Gas

Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch Ratings said in its forecast Tuesday. The United States, the European Union and t...