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Egyptian fertilizer firm Evergrow to float 30% on local bourse
Egyptian fertilizer company Evergrow is planning to float 30 percent of its shares on the Egyptian stock exchange…
BP says invested $14 bln in Egypt over past five years
BP had invested $14 billion in Egypt over the past five years, its new CEO Bernard Looney said on Tuesday.
Egypt’s Petrojet, Arab Contractors ink deals for Equatorial Guinea oil refinery projects
Equatorial Guinea signed on Wednesday preliminary deals with two Egyptian companies - Petrojet and Arab Contractors…
Egypt signs oil and gas deal with UK Neptune Energy
Egyptian Oil Minister Tarek el-Molla has on Wednesday signed a new oil and gas exploration and production deal…
UAE’s Dana Gas says received some bids for its Egyptian assets
UAE-based Dana Gas announced on Wednesday it had received bids from a number of companies seeking to buy its assets…
Bloomberg: Egyptian pound delivering another strong performance this year
The Egyptian pound is delivering another strong performance this year following a record appreciation in 2019,…
Oilfield service giant Schlumberger introduces Egypt Upstream Gateway project
U.S. oilfield services giant Schlumberger and the Egyptian Ministry of Petroleum introduced on Tuesday the Egypt…
World Bank’s IFC says invested $10 billion in Egypt in 10 years
The World Bank’s International Finance Corporation (IFC) had invested $4 billion over the past decade in Egypt,…
Telecom Egypt may sell Vodafone stake to STC: sources
Telecom Egypt may sell its 45 percent stake in Vodafone Egypt to Saudi Telecom Co. (STC), telecommunications sector…
Egypt received inflows of $200 bln in 3 years since currency float
Egypt’s central bank governor Tarek Amer said on Tuesday the country had received foreign cash inflows of around…