Petrobel targets 144k bpd of oil as Zohr field development moves forward
Petrobel aims to produce 144,000 barrels of oil equivalent per day in the 2025/2026 fiscal year, including 434…
S. Korea’s c. bank cuts base rate to 2.75%
The Monetary Policy Board of the Bank of Korea (BoK) announced on Tuesday a 25-basis-point reduction in the Base…
Egypt’s SCZone, Eroglu Knitting ink $120m textile project deal
Egypt's General Authority of the Suez Canal Economic Zone (SCZONE) signed a contract with Eroglu Knitting Company…
Egypt ministers discuss financial restructuring, cooperation
Egypt’s Minister of Public Business Sector Mohamed Shimi and Minister of Finance Ahmed Kouchouk held a meeting to…
Egypt’s GAFI hosts inaugural Egypt-Zambia Business Forum
Egypt’s General Authority for Investment and Free Zones (GAFI) hosted the inaugural Egypt-Zambia Business Forum…
Asian shares fall on Tuesday due to trade tensions
Asian shares declined on Tuesday due to concerns about trade tensions between the US and China, which dampened the…
Egypt follows up on Ras El Hikma development progress
The Egyptian government has paid out more than 6 billion Egyptian pounds in compensation as part of the Ras…
Egypt, Cyprus stress respect for sovereignty, intl. law
Egypt and Cyprus have reaffirmed the need to respect the sovereignty and territorial integrity of states and uphold…
Egypt accelerates oil exploration in Gulf of Suez with advanced technology
Egypt’s Ministry of Petroleum and Mineral Resources is intensifying efforts to enhance oil production in the Gulf…
Egypt’ Housing Min. reviews EGP 1b projects in New Beni Suef
Egypt’s Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny reviewed ongoing infrastructure…