Author: Web Desk

Trkiye’s trade deficit narrows in July

ANKARA: Turkey’s foreign trade gap decreased notably in July from the previous year as exports surged amid a fall in imports, the Turkish Statistical Institute said on Wednesday.

The trade deficit dropped to US$7.3 billion in July from US$12.5 billio…

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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…

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