test1
test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1 test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1test1
Egyptian Gas Sector Grows with UAE Investment
UAE-based Dana Gas, the Middle East’s largest privately owned natural gas company, has announced a $100 million investment program in Egypt’s onshore Nile Delta. The initiative aims to boost domestic gas production, enhance reserve volumes, and meet the country’s rising energy demands, according to a statement released by the company to Ahram Online.
GCC oil companies’ capex to grow by 5% to reach $115bn in 2024
The total oil capital expenditure in the region is expected to remain relatively high due to the ongoing expansion plans in Qatar and the UAE.
IMF trims 2025 Middle East, North Africa growth forecast to 2.6% as global risks mount
IMF sees sharp growth slowdown in 2025 for non-GCC oil exporters
GCC economies projected to strengthen despite slower growth pace
Conflicts severely impact MENA’s oil importing economies, IMF says
Oil down 2% as OPEC+ accelerates output hikes, surplus looms
OPEC+ says to hike output by 411,000 bpd in June
OPEC+ eyes full unwinding of voluntary output cuts by Oct, sources say
Barclays, ING cut 2025 Brent forecasts