Browsing Category
Industry & Trade
Arabian Cement: Q1 Net Profit Hits $16.4 million
Egypt's Arabian Cement Company reported a consolidated net profit of EGP 117 million (US$16.4 million) for the…
Egypt’s Citadel Capital proposes $1.3 billion Electricity Station
Egypt's private equity firm Citadel Capital has tendered a proposal to the government to build a station to…
Porsche Invests €450,000 In Egypt
SMG to open new Porsche dealership in 6th of October City, Abu Rawash Managing director of Engineering Automotive…
Egypt’s Poultry Division to Invest EGP7bln to Provide Jobs
Proposed project in South Upper Egypt estimated at EGP7billion will be presented after Egypt's presidential…
EGP4.6 million Investments in 1036 Projects: Local Development Fund
Egypt's Local Development Fund agreed in a meeting on Tuesday to finance 1036 new projects with around EGP 4.6…
Egypt to Increase Gas Production by Year End – Oil Minister
Egypt plans to increase its production of natural gas by 400-500 million cubic feet per day by the end of the year,…
Egypt’s Minister Says EGP365bln Consumption Rates of Oil Products Annually
The consumption rates of petroleum products reached up EGP365billion annually against revenues volume which do not…
Sidi Kerir: Gas Supplies to be Halted for 5 Days as of June 1st
Egypt's Sidi Kerir Petrochemicals Co - Sidpec (SKPC.CA) announced that gas supplies to its production plants will…
EFG-Hermes in Talks with Thawra Capital to Form Strategic Coalition
Egypt's biggest investment bank, EFG-Hermes (HRHO.CA) announced on Monday that it is currently in talks with Tharwa…
17 New Wells to Join Egypt’s Natural Gas Grid: Ministry
Egypt’s Ministry of Petroleum plans to add 17 new natural gas wells to its production grid in an attempt to…