oil prices decline
Tuesday, 21st January 2020
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.
Tuesday, 17th May 2016Tarek 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.