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Industry & Trade
A start-up in Finland seeks to produce hydrocarbons via renewables
In Finland, one firm is working on a process that it says could boost the air quality inside buildings and generate…
Ford announces Mustang Mach-E, price starting at around $44,000
Ford Motor unveiled its 2021 Mach-E Sunday night in in Los Angeles. It is the first vehicle based on the company’s…
Egypt to increase oil export revenues to $8.5bn end-FY20
Egypt's Petroleum Ministry plans to increase its oil export revenues to $8.5 billion at the end of the 2019/2020…
Egypt’s trade deficit falls 25.8% in August – CAPMAS
Egypt's trade deficit fell 25.8 percent to $3.51 billion in August from $4.73 billion during the same month in…
Oman invests EGP77.5mln in 92 projects in Egypt
Omani investments in Egypt reached around 77.5 million until September 2019, distributed over 92 projects,…
Suez Canal marks 150th anniversary
Egypt marked 150 years since the opening of the Suez Canal, hailed as a key waterway to cut shipping times for…
Saudi Aramco will not market IPO in the United States
Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources…
Egypt, U.S. PRL clinch train engines contracts worth $466.3 mln
The Egyptian Railway Authority (ERA) has signed with U.S. PRL (Progress Rail Automotives) some contracts worth…
Egypt to lower subsidised staple food prices in Dec.- minister
Egypt will reduce prices of subsidised food staples from December, the state news agency MENA quoted Supply…
Shell names Citi for $1 billion sale of Egypt’s assets – sources
Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets…