Italian energy giant Eni plans to invest some USD 7.7 billion in Egypt within the next four years, the company’s CEO Claudio Descalzi told Egyptian President Abdulfattah Al-Sisi during talks on Sunday.The Italian executive outlined some of the company…
The Saudi Ports Authority (Mawani) announced the inclusion of King Abdulaziz Port in the RCL Gulf ASEAN (RGA) cargo service run by Thai based shipping operator Regional Container Lines.Launching on September 5 from Ho Chi Minh City, the upgraded servi…
The price of Kuwaiti oil went up by 56 cents to USD 89.77 per barrel on Thursday in contrast with USD 89.21 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Friday.The prices of both the Brent crude and the West Texas Intermediate at t…
The Chairman of the Board of Directors of Jazan Chamber of Commerce, Ahmed Abu Hadi, met with the Ambassador of the People’s Republic of China to the Kingdom of Saudi Arabia, Chen Weiqing, at the Chinese Embassy in Riyadh.Abu Hadi highlighted the work …
U.S. consumer spending increased by the most in six months in July, while monthly inflation rates slowed, the government reported Thursday, supporting expectations the U.S. central bank would keep interest rates unchanged next month.The U.S. Commerce D…
Prices of 21-karat gold, the highest demand at local market, on Tuesday stood at JD39.20 per gramme, as purchasing price, against JD37.50 as selling price. The price of 24-karat and 18-karat gold amounted to JD46.20 and JD34.80 respectively, according…