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Mubadala to buy 20% interest in Egypt’s Nour offshore concession from Eni
Abu Dhabi state fund Mubadala Investment Company’s oil business has agreed to buy a 20 percent participating…
France’s Voltalia starts its first solar power plant in Egypt
French renewable energy company Voltalia has started construction works of the 32MW Râ Solar project, its first…
BP to spend $2.8bn in Abu Dhabi, Egypt for MENA presence
Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its…
Egypt’s Faisal Islamic Bank business rises 12.5% in Oct.
Faisal Islamic Bank of Egypt on Sunday reported a 12.5 percent growth in its business volume in October, recording…
Egypt’s strategic wheat reserves sufficient for 4.3 months: minister
Egypt’s strategic wheat reserves are enough to cover the country’s needs for 4.3 months, the supply minister was…
Egypt’s parliament votes for establishing Russian Industrial Zone in Suez Canal
Egypt’s parliament approved on Sunday a landmark agreement on establishing and operating the Russian Industrial…
Egyptian Life Takaful GIG, UAE’s FAB reach bancassurance deal
First Abu Dhabi Bank’s (FAB) Egyptian unit, one of the largest foreign banks in the country, and Egyptian Life…
Egypt’s annual core inflation rate rose 8.86% in October: c.bank
Egypt’s annual core inflation rate rose to 8.86 percent in October 2018 from 8.55 percent in September, the central…
Egyptian exports of iron hit $797mln in 9 months
The Egyptian exports of iron and steel in the first nine months of 2018 reached $797 million, while the compared to…
Egypt launches first regional entrepreneurship centre
Egypt's Minister of Investment, Sahar Nasr, is set to lay the corner stone of the first regional entrepreneurship…