Stocks | Egypt Oil & Gas
GUPCO to Drill Five New Wells to Boost Production by 2025
Chairman of Gulf of Suez Petroleum Company (GUPCO) Salah Abdel Kareem has announced that the company to drill new five developmental wells in the fields of North Safa to increase the stock to more than 100 million bar...
Fujairah Oil Stocks Achieve High Record in Four Weeks
Fujairah oil products stocks achieved a high record in four weeks, showing gains for the first time in eight weeks, S&P Global Platts reported. The total inventory increased 7% during the week of February 1st comp...
Oil Products Stockpiles Decline in Fujairah
Data released by Fujairah Oil Industry Zone showed that oil products stockpiles in the East Coast port of Fujairah, continued to decline during the last week of July, WAM reported. Inventories decreased by 2.7% compar...
Kuwait Expanding Power Projects, Renewables, Amidst Oil Price Pressures
The Kuwaiti Finance Ministry has approved the construction of a series of projects worth $9.9 b including power plants and desalination facilities and other infrastructure projects, reported the Kuwait Times. Kuwait i...
UAE and Other Middle East Stocks Gyrate With Oil Prices
Dubai stocks tumbled the most since March as investors bet the longest streak of weekly gains in 15 months had taken share prices too high, too fast. Abu Dhabi equities fell to the lowest in almost three weeks. The DF...
Egypt to List 3 State Owned Companies Petroleum Companies
The stock market can be a great platform for state-owned companies to finance their future plans. According to Alborsa news, Dr. Mohamed Omran, Chairman of The Egyptian Exchange & The Federation of Euro-Asian Stoc...
Egypt Stocks Fall as Yemen Conflict Escalates
Egypt stocks plummeted on Sunday for the second consecutive session as the regional conflict in neighbouring Yemen pushed local investors to sell. Signs of escalation in the Yemen conflict, in which Egypt is militaril...Page 1 of 1
