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Industry & Trade
Egypt Pays $1.5 bln to Foreign Energy Firms – Oil Ministry
Egypt has paid $1.5 billion of its debt to foreign energy companies, the oil ministry said in a statement on…
Qalaa Holdings Eyes ‘$560 million Capital Top-up’
Egypt's Qalaa Holdings is considering a share issue worth some 4 billion pounds ($560 million) as part of efforts…
No Plans to Cancel Ro-Ro Turkish Navigation Line with Egypt – Official
Egypt has no plans to cancel its Ro-Ro (Roll-on/roll-off) navigational line with Turkey, said an official from the…
Egypt Bought 1.4 million Tonnes of Wheat in 3 Months – Official
In three months, Egypt has bought 1.420 million tonnes of wheat, at a total cost of EGP 2.9 billion ($405.5…
Exclusive: Egypt Offers 25 Grand Investment Opportunities Next February
Egypt is planning to offer 25 major investment opportunities in New Valley governorate during its upcoming economic…
BP Starts Drilling Atoll-1 Well Offshore Egypt
BP Egypt announced Tuesday the start of drilling the Atoll-1 well offshore Egypt. The deepwater exploration well is…
UAE Firm to Build Egypt’s First Coal-Fired Power Plant
An Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez…
Egypt to Establish 3 Global Logistics Centres with EGP13bln: Minister
Egyptian Minister of Supply Khaled Hanafy announced for holding technical workshop with specialised group so as to…
Egyptian Tycoon Naguib Sawiris Blames ‘Cowardly’ Minister for Tax Dispute
In a television interview Monday night, Egyptian billionaire Naguib Sawiris slammed the government's handling of…
UAE-Al Dahra to Egypt’s Mahlab ‘We Pumped EGP750mn in Toshka Project’
Egyptian Prime Minister Ibrahim Mahlab has met on Tuesday Dr. Sultan Ahmed Al Jaber Minister of state in the United…