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, accord...

Oil Minister: Egypt Witnesses Balance amid Oil Prices Decline

• Tuesday, 17th May 2016
• by Egypt Oil & Gas

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 f...