Browsing Category
Industry & Trade
UAE’s Dana Gas receives overdue $20 million additional payment from Egypt
Sharjah-based Dana Gas said Sunday it has received an additional $20 million (AED 74 million) from the Egyptian…
Sumed, NBK sign deal to boost oil products in Egypt’s Ain Shokna
Sumed company and the National Bank of Kuwait (NBK) signed an a agreement to provide $300 million to finance…
Saudi Arabia to increase investment in Egypt to $51 billion
The Saudi-Egyptian Business Council plans to increase investments by both the Saudi government and private…
Saudi Panda to open its first Upper Egypt hypermarket next Wednesday
Saudi retailer Panda will open its first hypermarket in the Upper Egypt area in Assiut governorate next Wednesday,…
Saudi Aramco to sign $50 billion of deals with U.S. companies: CEO
National oil giant Saudi Aramco is expecting to sign $50 billion of deals with U.S. companies on Saturday, part of…
IMF backs Egypt scheme to remove fuel subsidies in 3Yrs, ease inflation
The International Monetary Fund (IMF) is encouraged by Egypt’s efforts to remove fuel subsidies within three years…
China, Egypt cooperate to manufacture electricity generators
The National Organisation for Military Production in Egypt and China’s Dongfang Electric Corporation signed a…
UAE’s Dana Gas receives overdue $50 million payment from Egypt
Sharjah-based Dana Gas said Thursday it received $50 million from the Egyptian government as partial payment of…
U.S. wheat grabs first Egypt government business in 2 years
U.S. wheat grabbed its first sale to the Egypt government in more than two years as the world’s biggest buyer has…
Russia’s Rosneft seeks joint oil supplies to Egypt with Italy’s Eni
Russia's largest state-run oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden…