Sabri Najeh
Business Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Jamal Issa Al-Loughani. (OAPEC)

OAPEC Secretary General: World Economy Will Fall in Deep Slump without Oil, Gas

Jamal Issa Al-Loughani, Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC), predicted that the world would become primitive if…

Sabri Najeh (Cairo)
Business A model of an oil rig with the OPEC logo in the background. (Reuters)

Federal Reserve System Study: OPEC Decisions Ensure Oil Markets’ Stability

A recent study of the Board of Governors of the Federal Reserve System has concluded that OPEC’s credible decisions and research ensure the oil markets’…

Sabri Najeh (Cairo)
Business An exhibitor displays gold jewelry to a client during the last edition of the Nebu Expo for Gold. (Asharq Al-Awsat)

Egypt Applies Zero-Customs for Gold Expo Participants

Egypt approved a zero-customs policy for participants of the Nebu Expo for Gold and Jewelry, scheduled for the end of November. Head of the Gold Division…

Sabri Najeh (Cairo)
Arab World Egyptian Minister of Petroleum Tarek el-Molla inspects locally manufactured equipment for the petroleum sector (Asharq Al-Awsat)

Egypt Coordinates with Aramco to Manufacture ‘Static Equipment’

The Egyptian Ministry of Petroleum has said Petrojet is coordinating with Saudi Aramco to establish workshops for manufacturing static equipment in the oil…

Sabri Najeh (Cairo)
Business Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla and heads of government oil companies during the meeting. (Asharq Al-Awsat)

Egypt Locally Manufactures Salt Separators to Develop Oil Refineries

Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla has revealed that his country is intensifying efforts to increase reliance on local…

Sabri Najeh (Cairo)
Business Egyptian government during a cabinet meeting on September 20, 2023 (Asharq Al-Awsat)

Egypt Approves GASCO Project to Boost Western Desert Gas Complex Capacity

Egypt's Cabinet approved granting a golden license to the Egyptian Natural Gas Company (GASCO) regarding a project to increase the capacity of the Western…

Sabri Najeh (Cairo)
Business Zohr's offshore petroleum and natural gas production (Egyptian Presidency)

Egypt to Enhance Production at Zohr Gas Field with New Wells

Egypt's Petroleum Company (PETROBEL) announced that in the fiscal year 2022/2023, the Zohr field produced an annual amount of 2.4 billion cubic feet of…

Sabri Najeh (Cairo)
Business The Saudi flag flutters next to a green hydrogen fuel truck (Asharq Al-Awsat)

Hydrogen Egypt Aims to Expand in Saudi Arabia at the Beginning of 2024

Hydrogen Egypt is studying a potential expansion in the Saudi market, which constitutes an essential source for providing clean energy supplies to Asian…

Sabri Najeh (Cairo)