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Category: Business

Significant oil discovery announced in Egypt

CAIRO: Khalda Petroleum Company, operating in the Kalabsha Development Area of the Egyptian Western Desert, announced a new oil discovery in the West Fewebs-1 area.

The well was tested by drilling 270 feet into the Paleozoic sands, and the recovery o…

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Significant oil discovery announced in Egypt

CAIRO: Khalda Petroleum Company, operating in the Kalabsha Development Area of the Egyptian Western Desert, announced a new oil discovery in the West Fewebs-1 area.

The well was tested by drilling 270 feet into the Paleozoic sands, and the recovery o…

Read More »

Khalifa Fund graduates first batch of Swan programme

ABU DHABI: Coinciding with Emirati Women’s Day, Khalifa Fund for Enterprise Development has hosted a special ceremony to honour its female employees for their substantial contributions to the organisation’s success and the advancement of the UAE’s loc…

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Sweden’s trade surplus grows in July

STOCKHOLM: Sweden’s foreign trade surplus increased in July from a year ago amid a rebound in exports, German Press Agency (dpa) reported on Wednesday, quoting figures from Statistics Sweden.

The trade surplus rose to 6.5 billion Swedish kronor (US$6…

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