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Industry & Trade
Egypt finds other sources after halt in Saudi fuel shipments
Egypt's oil ministry says it has secured imports of petroleum products from other sources to compensate for Saudi…
Debts to international oil firms hit $3.5b end-Sept: Egypt’s minister
Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, the oil…
Egypt’s HyperOne chain to pump 1,000 tonnes of sugar this week
Egyptian supermarket chain, Hyper One will pump 1,000 tonnes of sugar at a price of five Egyptian pounds ($0.56)…
UK engineering specialist Keller wins contract in Egypt’s Port Said
UK Keller Group announced that it has been awarded a "major" contract in Port Said in Egypt, valued at around £60…
Saudi Aramco CEO says 2018 will be right time for IPO
Saudi Aramco feels "comfortable" that by 2018 oil prices would have recovered and the market conditions would be…
Russia’s Rosneft chief Sechin says no to OPEC oil cut or freeze
Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy giant Rosneft, said his company…
Trade minister appoints new head for Egypt’s Commercial Service Office
Egyptian Trade Minister Tarek Qabil issued a decree Monday to appoint Ahmed Antar as the new chairman for Egypt's…
Egyptian consumer complexes pump 300T of sugar daily to ease crisis
Egypt-based Nile and Al-Ahram consumer complexes companies have pumped 300 tonnes of sugar daily into local market…
Kuwaiti Bawabet Al Kuwait settles disputes with Egypt’s oil sector
Egyptian Oil Minister Tarek El Molla witnessed Monday signing a settlement agreement between Kuwait's Bawabet Al…
Oil market is in balance; says BP CEO
"The oil market is "pretty much in balance," Bob Dudley the chief executive of BP has told CNBC on Monday. Speaking…