Egyptian Cleopatra Group to inject $128mn investments by 2016
Egyptian Cleopatra Group targets pumping new investments estimated at one billion Egyptian pounds (US$127.7…
Russia plane entered Israel control zone from Syria; says Israeli minister
A Russian warplane recently entered Israeli-controlled airspace from Syria but the intrusion was resolved without…
Nassef Sawiris’ OCI turns to profitability in H1-2015
Orascom Construction Industries (OCI), owned by Egyptian tycoon Nassef Sawiris, posted a first half net profit…
Egypt tenders to upgrade Transport Ministry’s IT structure
Egypt is offering a tender tailored to upgrade the IT structure and build the geographic information system of the…
Italy’s Eni cannot export gas upon Egypt’s approval- official
Egypt's state-run General Petroleum Corporation (EGPC) has informed the Italian oil major Eni, following its…
Gulf stocks move little though Dana soars on Kurdistan news
Gulf stock markets moved little in sluggish trade early Sunday, weighed down by a lack of positive economic and…
Sawiris conglomerate: From small Upper Egypt business to world’s billionaires lists
A father and his three sons have made their way to being listed among the ten richest men in both Egypt and Africa.…
U.S. presidential candidate says ousting Egypt’s Mubarak was a ‘mistake’
U.S. Republican presidential candidate Ben Carson, who is known for his controversial foreign policy views,…
BREAKING: Body of Russian pilot brought to Turkey, to be delivered to Russia
The body of Russian pilot brought to Turkey in order to be handed over to Russia, Turkish Prime Minister Recep…
Iran eyes $25 bn as new oil contract offer unveiled
Iran is targeting $25 billion in investments from 50 deals involving international oil and gas companies, foreign…