Day: March 5, 2026

Saudi Arabia has diverted millions of barrels of crude oil to its Red Sea ports, tripling export volumes from its western coast this month to maintain global supplies as the conflict involving Iran disrupts shipments through the Strait of Hormuz. Tanker tracking data compiled by Bloomberg shows five very large…

The Ministry of Finance said first-half results for the 2025/2026 fiscal year show strong financial performance despite regional and global challenges. In its semiannual report, the ministry said tax revenues rose 32 percent in July-December of FY 2025/26 to LE 1.2 trillion, while total revenues increased 30.2 percent to LE1.4…