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Industry & Trade
Orascom’s O Capital, Norway’s REC to start solar projects in Egypt
Egypt’s O Capital for Energy enters an alliance with Norway-based REC Group to carry out solar energy projects in…
Eni CEO says open to selling stake in Egypt mega gas find
Italian energy group Eni is open to selling a stake in its mega gas discovery in Egypt, as it has done for another…
Sinai Cement registers US$4mn net losses in H1
The Sinai Cement Company (SCC) reported 28.69 million Egyptian pounds (US$3.6 million) in net losses in the first…
Cement price stable for 9th month, steel price stable for 8th month
Cement prices in Egypt have stayed stable for the ninth consecutive month, said Minister of Supply Khaled…
Indonesia-Egypt trade exchange records $1.2bn annually – official
Egypt and Indonesia’s trade exchange is estimated at US$1.2 billion annually, according to the head of the…
Egyptian Railways eyes $919mn investments in FY2015-16
The Egyptian National Railways Authority targets attracting investments worth 7.2 billion Egyptian pounds (US$918.8…
Kapci seizes 73% of Egypt’s paints exports- report
Kapci Coatings has captured 73% of Egypt's exports of paints and water based inks, obtaining 105 million Egyptian…
OiLibya to export 500T made-in-Egypt oils to Ethiopia per month
The Libyan petroleum dealer, OiLibya’s Egyptian subsidiary is to export 500 tonnes of oil every month to Ethiopia,…
Egypt’s Eastern Tobacco mulls building up two solar plants
Egypt's cigarette monopoly Eastern Company for Tobacco (EAST.CA) is studying building up two solar plants to…
Petrosafe cleans-up oil spill in Nile’s Assiut
Petroleum Safety and Environmental Services Company (PETROSAFE (has cleaned-up the oil spill occurred Friday from a…