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Industry & Trade
OPEC just created a big opportunity for US oil firms: Exports to Asia
OPEC's last week agreement to cut oil production will be creating an opportunity for U.S. oil producers to get…
146th OAPEC Executive Bureau meeting kicks off in Cairo today
The Organization of Arab Petroleum Exporting Countries’ (OAPEC) Executive Bureau will hold Thursday its 146th…
Egypt arrests top tourism official in a bribery case
Egyptian authorities have arrested Thursday the managing director of the country’s government tourism arm, the…
Shell names Gasser Hanter to lead Egypt business
Royal Dutch Shell has appointed Gasser Hanter to head its Egypt business, the company announced in a statement on…
Russia: 18,000 tonnes of seized wheat passed Egypt’s quarantine successively
Russia's agriculture safety watchdog Rosselkhoznadzor announced Thursday that 18,000 tonnes of Russian wheat,…
Suez Canal revenue expected to surge after OPEC oil cuts, analysts say
Analysts expect OPEC’s recent oil production cuts will revitalise maritime movement through Egypt’s waterway Suez…
General Motors Egypt, MCV to export mini buses to Ghana in Q3
General Motors Egypt announced Wednesday signing a new alliance agreement with MCV Group to manufacture several…
149 Danish firms operating in Egypt: GAFI
The number of Danish firms operating in Egypt has reached 149, head of the Egyptian investment authority GAFI said…
Trade exchange with Slovenia grew 12% in 2015: Egypt’s Qabil
Egypt's trade exchange with Slovenia grew by 12 percent in 2015 to record around €161 million, Trade Minister…
Complete Energy attains $2.8m after finishing 2 solar plants in Siwa, Red Sea
Egypt’s Complete Energy Solutions Company (CES) has attained income worth 50 million Egyptian pounds ($2.8 million)…