Oil price increases to $67.60 supported by extending production cuts for June, US sanctions
Fair oil price in international markets is $60 per barrel, says EGPC’s ex-vice chairperson
Latest in Tag: US sanctions Highlight
Latest in Tag: US sanctions
Sawiris shuts down affiliate bank in North Korea due to US sanctions
Orascom Telecom Media and Technology Holding will shut down Orabank, its affiliate bank in North Korea, due to US sanctions on the nation, according to an announcement on Sunday. The company, owned by business tycoon Naguib Sawiris, added in a note to the Egyptian Exchange that shutting down the bank in Korea is a …
