Italian energy group Eni (ENI.MI) said on Sunday it had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.
State-controlled Eni is looking for new gas sources…
Hundreds of millions of dollars have flowed through Egypt's interbank market since the central bank allowed the Egyptian pound to depreciate by 13% to a historic low, bankers said on Thursday.
The…
While the world is obsessively focusing on the war in Eastern Europe, geo-economic tugging is building up in the Eastern Mediterranean over maritime borders. Pitching political and diplomatic fights…
The saga of Rayya and Sakina, Egypt's most notorious serial killers who murdered and robbed at least 17 women and buried them under their house (with the help of their husbands, Hasaballah and…
Establishing a new fund for family care is under review as per directives by President Abdel Fattah El Sisi to help the Egyptian family face expenses and challenges related to personal status issues…
Egypt on Thursday lifted a key restriction on imports and approved a list of economic activities the government would leave to the private sector, in an effort to meet two key conditions attached to…
Individually and collectively, the countries of the Middle East and North Africa (MENA) have experienced a slew of concerns in 2022 as the world has shifted under the weight of superpower conflicts…
The International Monetary Fund will be watching for a shift by Egypt to a flexible exchange rate after a requirement to finance imports through letters of credit is phased out at the end of this…
Egypt has discovered a large gas field in the Nargis block in the eastern Mediterranean, Petroleum Minister Tarek El Molla said.
Evaluation is still ongoing to determine the field's reserves, he…
At the opening ceremony of the FIFA World Cup in Doha, Qatar’s Prince Tamim Bin Hamad scored one of his finest political goals by overseeing a historic handshake between the leaders of Turkey and…
Disruption in the Hormuz can have major implications for global trade, but it also creates opportunities for smaller nations like Iran to become global political players
The Iraq war was viewed as disastrous in retrospect, while the Iran war was unpopular from the get-go. Al Majalla highlights the similarities and differences between the two.
Pipelines have a chequered history in the Middle East, but the closure of the Strait of Hormuz has led US Tom Barrack to conclude that a new route through Syria could solve some problems.