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Economic activities will be allowed from 6:00 a.m. to 11:00 p.m
44 minutes ago Dubai to reopen business activities on Wednesday
Dubai – Mubasher: The Crown Prince of Dubai, Sheik Hamdan bin Mohammed, has chaired a virtual meeting with Dubai’s Supreme Committee of Crisis and Disaster Management and approved resuming economic activities, starting Wednesday 27 May, from 6:00 …
Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla
25 May 01:41 PM Egypt plans EGP 19bn investments in petrochemical projects
Cairo - Mubasher: The Egyptian Ministry of Petroleum and Mineral Resources is considering the implementation of 11 new petrochemical projects at a total value of around EGP 19 billion, Minister of Petroleum and Mineral Resources Tarek El-Mulla …
Photo Credit: Saudi Press Agency (SPA)
24 May 11:29 AM Saudi Arabia to invest in Iraq’s Akkas gas field
Mubasher: Saudi companies plan to invest in Iraq’s Akkas gas field, as per a recent agreement between the two countries, Reuters reported. Both countries are also cooperating to ensure restoring the global oil market balance, in line with the …
Hotels in five governorates could reopen after receiving the safety certificate
24 May 11:13 AM Egypt grants health safety certificates to over 70 hotels
Cairo - Mubasher: More than 70 hotels in Egypt last week have received the health safety certificate, which is necessary for resuming their operations, according to Egypt’s tourism and antiquities minister. Receiving the certificate came after …
Egypt's production of natural gas increased to 7 bcf in September
24 May 10:41 AM Egypt's natural gas production reaches 7.2 bcf per day
Cairo - Mubasher: Egypt's daily production capacity of natural gas reached an average of 7.2 billion cubic feet (bcf), Reuters reported citing a recent statement by the Egyptian cabinet. In September, Egypt's production of natural gas increased to …
HMM Algeciras containership's length is around 400 metres
24 May 10:29 AM World's largest container to cross Egypt's Suez Canal
Cairo - Mubasher: The Suez Canal will receive South Korea's HMM Algeciras, the world's largest containership, the Egyptian Ministry of Transport announced in a recent statement. The 24,000-TEU-class vessel will pass through the canal as after …
Total fatalities in Kuwait increased to 129 on Thursday
21 May 02:54 PM Kuwait registers 1,041 more COVID-19 cases on Thursday
Mubasher: Kuwait on Thursday reported 1,041 new infections of the coronavirus (COVID-19), bringing the total count to 18,609 cases, according to the country's health authorities. Total recoveries have increased by 320 in the past 24 hours to stand …
Global oil prices jumped by 5% on Wednesday
21 May 12:00 PM Kuwait’s crude oil down 3 cents on Wednesday – KPC
Mubasher: The price of a barrel of Kuwait’s crude oil settled lower by 3 cents on Wednesday to stand at $26.89 when compared to $26.92 a barrel a day earlier, according to the official prices released by the Kuwait Petroleum Corporation (KPC). …
Disinfection gates pose health risks to people
21 May 11:26 AM Disinfection gates proving ineffective against coronavirus
Mubasher: Sterilisation gates and rooms placed at the entrance of public places have not proven their effectiveness in curbing the spread of the highly contagious coronavirus (COVID-19), assistant secretary at the Kuwaiti Ministry of Health, …
The new solution provides accurate diagnostic results
21 May 09:47 AM Kuwaiti researchers develop new COVID-19 PCR test
Mubasher: A Kuwaiti research team has successfully developed a Polymerase Chain Reaction (PCR) test solution for the new coronavirus (COVID-19), Kuwait News Agency (KUNA) reported. The new test has excellent and accurate diagnostic results …
Global oil prices fell on Wednesday
20 May 01:25 PM Kuwait’s crude oil up 34 cents on Tuesday - KPC
Mubasher: Kuwait’s crude oil price inched up by 34 cents on Tuesday to finish at $26.92 per barrel (pb) from $26.58 pb a day earlier, according to the official prices released by Kuwait Petroleum Corporation (KPC). At the global level, oil prices …
Kuwait's death toll from COVID-19 increased to 121 on Tuesday
19 May 03:04 PM Kuwait reports 1,073 coronavirus cases on Tuesday
Mubasher: The number of confirmed cases of coronavirus (COVID-19) in Kuwait rose to 16,764 on Tuesday, with 1,073 people diagnosed with the novel disease in the last 24 hours, according to an official statement by the Ministry of Health. Death …
The UAE registered 1,214 recoveries
19 May 02:14 PM UAE confirms 873 new COVID-19 cases
UAE – Mubasher: The UAE has detected 873 new coronavirus (COVID-19) cases after conducting more than 38,000 new tests, the UAE Ministry of Health announced on Tuesday. Hence, the total number of cases reached 25,063 across the country. The UAE …
Brent futures for July leaped by 7.1% on Monday
19 May 11:49 AM Kuwait’s crude oil rises to $26.58 a barrel Monday - KPC
Mubasher: The price of a barrel of Kuwait’s crude oil amounted to $26.58 on Monday, up by 82 cents when compared to $25.76 a barrel last Friday, according to the official prices released by the Kuwait Petroleum Corporation (KPC). Global oil prices …
COVID-19 cases in the kingdom reached 57,345
18 May 04:12 PM Saudi Arabia announces 2,593 coronavirus cases on Monday
Riyadh – Mubasher: The Saudi Ministry of Health has reported on Monday 2,593 new coronavirus (COVID-19) cases. On the other hand, 3,026 recovering cases brought the total number of recoveries to 28,748, while the death toll from the virus in the …
A total of 11,234 patients are currently receiving treatment at hospitals
18 May 02:59 PM Kuwait reports 841 new coronavirus cases, 246 recoveries
Mubasher: The number of new coronavirus (COVID-19) cases in Kuwait jumped by 841 on Monday to reach 15,691 cases, the health ministry said on its official Twitter page. In the meantime, Kuwait’s death toll from the new coronavirus increased by six …
Egypt aims to purchase 3.6 million tonnes of local wheat this season
18 May 02:01 PM Egypt’s strategic food reserves sufficient for 5M
Cairo – Mubasher: Egypt’s strategic reserve of staple commodities is sufficient for the coming five months, minister of supply and internal trade Aly El-Meselhy said. The government aims to increase its stock of key commodities in order to achieve …
The price of Oman oil hiked by $18.3 per barrel on Friday
18 May 12:23 PM Oman crude oil price doubles since output cut came into effect
Mubasher: The price of Oman crude oil futures has doubled since the oil production cut agreement by the OPEC+ group and other major producers was applied in time for May deliveries. On Friday, 15 May, the price of Oman oil hiked by $18.3 per …
The number of COVID-19 infections reached 11,719
17 May 12:08 PM Egypt denies news about full curfew during Eid El-Fitr
Cairo – Mubasher: The Egyptian Ministry of Health denied statements about imposing a one-week full curfew to combat the spread of the coronavirus (COVID-19). A statement attributed to the health minister Hala Zayed about imposing a full curfew …
A total of 180 tests will be conducted at random daily
17 May 09:51 AM Kuwait opens drive-thru coronavirus test site at airport
Mubasher: A drive-through coronavirus (COVID-19) testing service was recently inaugurated at Jazeera Airways’ Fly & Park facility at the Kuwait International Airport by the Kuwaiti Ministry of Health, Kuwait News Agency (KUNA) reported late on …
Kuwait's oil output grew by 259,000 b/d in April
14 May 03:17 PM Kuwait’s crude oil output jumps to 3.1m b/d in April
Mubasher: Kuwait’s crude oil production climbed by 259,000 barrels per day (b/d) during April 2020 to reach 3.13 million b/d from 2.87 million b/d in March, according to a report by OPEC. Since the beginning of the year, demand for crude oil has …
Global oil prices rose on Wednesday
14 May 12:00 PM Kuwait’s crude oil up 45 cents Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil settled higher by 45 cents on Wednesday to reach $21.99 a barrel when compared to $21.54 a barrel a day earlier, according to the latest data by Kuwait Petroleum Corporation (KPC). Global oil prices rose …
The price of crude oil globally rose by around 7%
13 May 12:56 PM Kuwait's crude oil rises 29 cents on Tuesday
Mubasher: The price of Kuwait's crude oil increased by 29 cents to settle at $21.54 per barrel (pb) on Tuesday, compared to $21.25 on Monday, 11 May, according to the latest data by the Kuwait Petroleum Corporation (KPC). At a global level, the …
The total number of recoveries reached 2,326
13 May 10:34 AM Egypt’s COVID-19 cases exceed 10K
Cairo – Mubasher: The Egyptian Ministry of Health reported347  new coronavirus (COVID-19) cases and 11 new deaths. A total of 154 cases recovered and were released from the quarantine hospital during the last 24 hours, the spokesman of the health …
The government will pay farmers between EGP 670 and EGP 700 per ardeb
12 May 04:00 PM Egypt buys 2.1m tonnes of local wheat since mid-April
Cairo – Mubasher: The Egyptian Ministry of Supply received 2.138 million tonnes of wheat from local farmers since the beginning of this season which started in mid-April. The government will pay farmers between EGP 670 and EGP 700 per ardeb (150 …