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Egypt’s annual inflation registered 4.4 percent in April
Egypt’s annual inflation registered 4.4 percent in April, compared to 5.9 percent in the same month a year earlier…
US Bechtel wants in on more of Egypt’s megaprojects
US infrastructure giant Bechtel is looking to expand its business in Egypt, with an eye to get in on more of the…
IMF may complete 2nd review of $5.2bln standby loan by June end, Maait
The IMF will be completing its second and final review of its year-long USD 5.2 bn standby loan program by the end…
Egypt’s gas sector grows 25% in 2020, Minister
The natural gas sector has seen a growth of 25 percent during 2020 after turning from negative growth of 11 percent…
Apache Egypt inject investments over $20bn, Vice President
The US-based oil and gas producer Apache has invested more than $20 billion in Egypt, the Regional Vice President…
Multi-stakeholder platforms help in exploring opportunitiesin petroleum sector: Al-Mashat
A multi-stakeholder platform (MSP) titled “Egypt as an Energy Hub: Reforms and Prospects in the Petroleum and Gas…
Egypt will locally manufacture first 2m Sinovac vaccine doses by June-end
Egypt is expected to produce the first two million doses of China’s Sinovac vaccine against coronavirus (COVID-19)…
Elsewedy Electric acquires 2 firms worth $60m, enters into Asian markets
Elsewedy Electric has entered the Asian market through acquiring shares in two companies involved in the…
Egypt offers to reduce compensation claim for Suez Canal blockage
Egypt offered to cut claims by a third for compensation from owners of the giant container ship Ever Given that…
Egypt’s stocks start week higher, benchmark EGX 30 adds 0.52%
Egypt’s stock exchange’s (EGX) indexes ended mostly higher on Sunday, with the benchmark EGX 30 index adding 0.52…