Demand
The sector has begun recovery paving the way for figuring out demand levels, and hence, estimating supply and investments in the sector.
Brent futures were down 43 cents, or 0.6 percent, at $71.73 a barrel by 0335 GMT, wiping out a 32 cent gain on Tuesday when the benchmark hit a three-month low.
China’s exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient.
The fair is organized by the government and aims to provide different kinds of goods ahead of the Muslim fasting month of Ramadan.
Samsung will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple's decision to cut production of iPhone X amid weak demand.
A wrap-up of the most prominent business news of the day
Deputy Chairman of the National Bank of Egypt said that the huge demand on Egypt’s issuance of Eurobonds signals international confidence in Egypt's economy.
Boeing (BA.N) sought to dispel concerns about a slowdown in the growth of Gulf airlines.
Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres.
Fayoum governorate launched a campaign to collect the signatures of Egyptians demanding President Sisi run for a second term.
Business across the euro zone grew rapidly in September as firms struggled to keep up with demand.
The money was pumped in more than 3,500 ATMs across Egypt.
Aqarmap Real Estate Index expected the demand to keep increasing in August then falling in September.
Domestic production of cotton reached its lowest levels the season before last, cultivating only 130,000 feddans.
CEO of fäm Properties Firas Al Msaddi advises home buyers in Dubai to focus on key factors that attract end users.
Oil production in Egypt is expected to decline in 2017 by 20 Thousand Barrels per day (tb/d) while the country’s oil and natural gas supplies remain stagnant between 2016 and 2017.
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