Tuesday 5 November 2024
 
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MPC

Egypt raises key interest rates by 50 basis points

Egypt'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

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MPC signs deals for 120MW Musandam power project

Musandam 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

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