Gulf States’ Fuel Supplies to Egypt Shrink Import Bill
Monday, 9th May 2016
In an statement to Egypt Oil&Gas, Ibrahim Zahran, an oil & gas expert, affirmed that the Gulf States supply of fuel maintained stability in Egypt’s domestic markets as it helped cut down 25% of its current import bill.
Gulf Stock Markets Rose Following Oil Price Surge
Monday, 1st February 2016
Gulf stock markets rose sharply for a second straight trading day on Sunday after oil prices surged at the end of January. Egypt's stock index also rose by as much as 2.1% in response to the firm tone of global equity markets.