Orascom signs $151m deal with Egypt government for El Gouna project
Orascom Development Egypt (ODE) has signed a $151 million milestone agreement with the Egyptian authorities…
Egypt’s total external debt falls by $728 billion in Q1 of 2022/23
Egypt’s total external debt fell by $728 million in the first quarter of the 2022/2023 financial year, central bank…
Elsewedy, Gulf Data Hub to develop Africa’s largest data centre in Egypt
Elsewedy Data Centres and the Emirati Gulf Data Hub have signed on Wednesday a MoU to develop Africa's largest data…
UAE’s ADNOC finalise acquistion of 50% stake in TotalEnergies Egypt
Abu Dhabi National Oil Company (ADNOC) announced on Wednesday that it has completed its acquisition from…
Decarbonisation a necessity for climate change: world energy leaders at EGYPS 2023
CEOs of multiple leading companies in the energy sector discussed their companies’ contributions to decarbonising…
Egypt’s ready-made garment exports to U.S. surge 11% in 2022
Egypt’s readymade garment exports (RMGEC) to the United States grew 11 percent to $1.3 billion in 2022, chairperson…
Egypt’s Dalia Mahmoud acts as 1st women prosecutor at court
Egyptian prosecutor Dalia Mahmoud represented top prosecutor Hamada al-Sawy on Sunday in the assize court, to be…
Egypt’s Nargis gas field to start production in one-and-a-half years: minister
Egypt’s Nargis-1 well offshore gas field backed by Eni and Chevron is expected to start production within 1-1/2…
Egypt’s exports to South Korea hits 161% in 2022
Egypt’s exports to South Korea recorded significant growth of 161 percent in 2022 year-on-year to $1.69 billion,…
EIB provides $150mln Middle East venture capital initiative
The European Investment Bank (EIB) Global has announced on Monday that it will provide $27 million participation in…
