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Industry & Trade
Egyptian Gas Cool Co. profits rose 49% in 2015
The Egyptian Company For Refrigeration By Natural Gas – Gas Cool has boosted annual profits by 49 percent to 33.7…
Saudi Teishan Company plans entering Egyptian market, injecting $2.2mn
Saudi-based Saleh Saeed Teishan Limited Company for Trading and Contracting targets entering Egyptian market within…
Energy projects in Egypt reach $16mn
Energy investments in Egypt reached around 150 billion Egyptian pounds (US$16.8 billion), Chairman of energy…
Italian Rovatti Pompe to manufacture $3-pumps for Egypt’s sewage projects
The Egyptian-German Allweiler-Farid Pumps company has signed joint contract with Italy's Rovatti Pompe to…
BG Egypt not to halt works in some development wells- source
An official source at Egyptian petroleum ministry negated that BG Egypt has halted work at some development…
Marriott wins back Sheraton-owner Starwood with new offer
Starwood Hotels and Resorts Worldwide Inc (HOT.N), owner of the Sheraton and Westin brands, accepted a higher $13.6…
BG Egypt halts some development wells over gas price disagreement
BG Egypt has suspended work at some development projects in Egypt after the company could not reach agreement over…
Asfour Crystal captures 26% of Egypt’s glass exports
Egypt's crystal manufacturer Asfour Crystal has seized 26 percent of Egypt's glass exports to be the large exporter…
Eni not planning to divest recent gas discoveries in Egypt: oil ministry
Italian oil major Eni is not planning to divest some of its stakes in discoveries recently made in Egypt, an…
Egypt’s Enppi profits rise 19%, records $64mn
The net profit of the Egyptian Engineering Company for the Petroleum and Process Industries- Enppi recorded around…