Egypt and Russia team up over nuclear power

A giant $30bn four-reactor nuclear plant on Egypt's Mediterranean coast could ease some of the country's energy costs, but it would be paid for largely by a Russian loan

Amr Emam

Egyptian Gains from Russian War

As part of the repercussions of the Russian-Ukrainian war, Europe is suffering from a severe energy crisis and has come to take strict measures to ration energy consumption. This is what some…

Salwa Samir

The Long-awaited Saudi Accession to BRICS

Saudi Arabia, Egypt, and Algeria have emerged as strong candidates to join the "BRICS" group, which currently houses 40% of the world's population and whose gross domestic product (GDP) exceeds the…

World Stocks On Back Foot As China COVID Cases Rise

World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fueled worries over the global economic outlook. The safe-haven dollar rallied, while the U.S. Treasury yield curve…

Oil Prices Climb On Concerns Over Tight Supplies

Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world's biggest crude importer. Brent crude gained 78…

Oil Prices Rise As Supply Uncertainty Mounts

Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand. Brent crude…