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Industry & Trade
BP to sell Egyptian Gulf of Suez oil assets to Dubai’s Dragon Oil
BP announced on Monday it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to…
France ready to cut Renault stake to bolster Nissan partnership
France prepares to cut its stake in Renault SA in order to bolster Renault’s partnership with Nissan Motor Co,…
Egypt’s Hapi Tours unveils new executive management team
Hapi Tours, one of Egypt’s oldest tourism, courier, airfreight and transportation companies, announced a new…
China-Egypt trade exchange 10.7% up in two months – report
Trade exchange between Egypt and China rose 10.7 percent to $2.087 billion in the first two months of 2019 from…
UK manufacturing slumps as Brexit stockpile frenzy evaporates
The Brexit stockpiling boom of early 2019 gave way in May to the steepest downturn in British manufacturing in…
Scatec Solar reaches commercial operation for Egypt’s solar power plant
Scatec Solar and partners have grid connected and reached commercial operation for another 65 MW of the 400 MW…
Egypt buys 2.7 million tonnes of local wheat
Egypt, the world’s largest wheat importer, has bought 2.7 million tonnes of wheat from its farmers so far this…
Israel’s Delek hopes to start Egypt’s gas exports in June
Israel’s Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior…
U.S.-Egypt trade exchange 22.9% up in two months
The volume of trade exchange between Egypt and the United States rose 22.9 percent to around $1.225 billion in the…
Egypt in process to develop 19 transformer stations – source
Egypt has signed an agreement to build around 19 transformer stations, with investments of 13 billion Egyptian…