Jordan depends on importing oil to cover its domestic needs, amid demands to pump more investments into the sector in order to meet the increasing demand for oil derivatives, which costs the country's budget huge sums. In this context, an…
Continue ReadingOil prices extended their gains to about 1% during trading today, Friday, after falling in early trading, to bring Brent crude back above $ 85, in conjunction with the decline of the US currency. The decline came this morning as…
Continue ReadingFAANG stocks in focus ahead of earnings Evergrande averts default with surprise interest payment Crude bounces, dollar dips, gold higher GLOBAL MARKETS Global shares got a tech boost to help tee up a third straight week of gains on Friday,…
Continue ReadingThe Abu Dhabi National Energy Company "TAQA" and "Marubeni Corporation" "Marubeni" announced today, Thursday, the launch of a partnership to develop a new joint production project for electricity generation and water desalination in Saudi Arabia, in cooperation with Aramco. Sources…
Continue ReadingAsian stocks slipped on Thursday as the upbeat mood that carried the Dow Jones and bitcoin to records a day earlier ran out of steam, replaced by fresh worries about the weakening Chinese property sector as a possible default by…
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