Jeddah, The Islamic Development Bank (IsDB) financed several energy projects in Egypt, leading to a 14% increase in energy production between 2012 and 2022, representing 94% of Egypt’s energy capacity.
The IsDB also facilitated the addition of nearly…
Oil prices fell on Wednesday after a report showed an unexpected rise in US crude inventories, while concerns about a possible widening conflict in the Middle East on production eased slightly.
Brent crude futures fell 41 cents, or 0.5 %, to $80.28 …
Baghdad, Oil prices stabilized on Tuesday, breaking a five-day winning streak as markets refocused on demand concerns after OPEC lowered its 2024 demand growth forecast yesterday, Monday, due to weak expectations in China.
Brent crude futures fell 30…
Baghdad , Oil prices fell slightly in early trading on Tuesday, ending a five-day winning streak as markets refocused on demand concerns after the Organization of the Petroleum Exporting Countries (OPEC) lowered its 2024 demand growth forecast on Mond…
Baghdad, Oil prices rose more than three percent at settlement, Monday, to continue their gains for the fifth consecutive session amid increasing risks of supply disruptions.
Brent crude futures rose $2.64, or 3.3 percent, to $82.30 a barrel at settl…
Manama, Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), one of the world’s largest aluminium smelters, has reported a Profit of BD68.5 million (US$182.2 million) for the second quarter of 2024, up by 129.2% Year-over-Year (YoY), versus a Profit o…