Egypt raises key interest rates by 50 basis pointsEgypt's Monetary Policy Committee (MPC) raised benchmark interest rates by 50 basis points on Thursday, citing inflationary pressures, a week after it shocked markets by postponing its decision. The move wa More… |
MPC signs deals for 120MW Musandam power projectMusandam Power Company (MPC), a majority-owned subsidiary of the Oman Oil Company (OOC), has signed long-term power purchase deal with Oman Power and Water Procurement Company, and a Natural Gas Sales Agreement with the Ministry of Oil and Gas More… |