Economic

On the sidelines of the Abu Dhabi International Petroleum Fair and Conference, Brazilian Minister of Mines and Energy Pinto Costa Lima Albuquerque said today that his country is not planning to join OPEC for the time being.

Recording the lowest level ever against the US dollar, the Turkish lira continued its downward trend, recording a marked decline during today's dealings.

In recent years, the Egyptian state has been developing ports according to global standards, transforming them into environmentally sensitive "green ports" using renewable energy sources.

Today, Jordan signed with Egypt a memorandum of understanding to strengthen cooperation in the areas of industrial integration between Egypt, Jordan and Iraq.

After Saudi oil producer Aramco raised the official sale price of its crude, oil prices rose today, suggesting that demand remains strong at a time when supplies are scarce.

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Castle Journal Group