Valaris DS-12 arrives in Egypt to launch four-well Mediterranean gas drilling campaign
Egypt has entered a new phase of offshore gas exploration with the arrival of the Valaris DS-12 in its territorial waters, marking the start of a drilling programme targeting four…
‘We would be naive not to prepare’: Cuba declares readiness for war as blackouts, blockade tighten Trump’s grip
For the third time in a single month, Cuba went dark. On Saturday, a cascade failure originating at the Nuevitas thermoelectric plant in Camagüey province sent a shockwave through the…
Iran War exposes Trump to his own quagmire doctrine as exit strategy remains elusive
Three weeks into a war he launched against Iran, Donald Trump stood before cameras this week and declared the campaign was, in effect, already over. The United States and Israel…
Egypt warns of ‘total chaos’ as Foreign Minister holds regional de-escalation talks
Egyptian Foreign Minister Badr Abdelatty warned on Monday that the Middle East faces the risk of "total chaos" and a comprehensive regional war, as he conducted an intensive series of…
Egypt condemns Israeli ‘collective punishment’ in Lebanon as bridge strikes intensify
Egypt has condemned Israel’s "deliberate and systematic" targeting of vital civilian infrastructure and bridges in Lebanon as a "flagrant violation of sovereignty" and a "policy of collective punishment." The Egyptian…
Oil slides toward $88, LNG exports hit six-month low as Trump cites productive Iran talks
Oil prices fell toward $88 per barrel and global liquefied natural gas exports sank to a six-month low on Monday after US President Donald Trump said Washington was engaged in…
Gold slides toward $4,100 as dollar strengthens amid Iran war fears, rate-rise bets
Gold slid as much as 8.8% to around $4,100 per ounce on Monday, erasing all of its gains for the year and extending its losing streak to a ninth consecutive…
Egypt offers exceptional customs facilitations for returned export shipments: Kouchouk
Egypt has introduced exceptional customs facilitations to streamline the return of export shipments that fail to reach their final destinations, Finance Minister Ahmed Kouchouk said on Monday. Kouchouk explained that…
Egypt recovers EGP 1.2bn in state assets, boosts treasury revenues by EGP 1.4bn: Finance Minister
Egypt has recovered state assets valued at EGP 1.2bn and generated an additional EGP 1.4bn in treasury revenues, Finance Minister Ahmed Kouchouk said on Monday, citing efforts led by the…
Saudi Arabia Activates Strategic Pipeline to Bypass Hormuz Disruption Amid Escalating Crisis
As tensions escalate across the Middle East and the Strait of Hormuz faces effective closure following US and Israeli strikes on Iran, Saudi Arabia has activated a long-standing contingency plan…