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Egypt’s historic gas find re-writes Israel’s happy ending
Egypt's historic gas discovery threatens to sink Israel's fledgling gas export bonanza, which was counting on deals…
El Sewedy Electric records Q2 net profit of $68.63mn
Egyptian cable maker El Sewedy Electric lifted second-quarter net profit to 537.38 million Egyptian pounds…
Massive gas find promises to ease Egypt’s fuel crisis
The discovery of a huge gas field off Egypt's coast promises to ease a long-running fuel crisis and boost the…
Orascom licenced to build Aswan’s $100mn solar plant
Egypt-based O Capital for Energy, a fully owned by Orascom Telecom, Media & Technology, has obtained a licence…
Investment in Eni mega gas field in Egypt to reach $7bn
Total investment in a large gas field discovered by Eni off Egypt's coast is expected to reach $7 billion, Egypt's…
Chinese investments in Egypt record US$480mn
The total volume of Chinese investments in Egypt is estimated at US$480 million, Trade and Industry minister Monir…
Orascom’s O Capital, Norway’s REC to start solar projects in Egypt
Egypt’s O Capital for Energy enters an alliance with Norway-based REC Group to carry out solar energy projects in…
Eni CEO says open to selling stake in Egypt mega gas find
Italian energy group Eni is open to selling a stake in its mega gas discovery in Egypt, as it has done for another…
Sinai Cement registers US$4mn net losses in H1
The Sinai Cement Company (SCC) reported 28.69 million Egyptian pounds (US$3.6 million) in net losses in the first…
Cement price stable for 9th month, steel price stable for 8th month
Cement prices in Egypt have stayed stable for the ninth consecutive month, said Minister of Supply Khaled…