Oil prices climb on expectation of OPEC-led output cut
Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply…
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European stocks to open higher as dollar pauses for breath
European stocks are expected to open higher on Wednesday as the U.S. dollar paused for breath after a rally that…
Egypt’s electricity signs renewable energy purchase agreement with Infinity Solar
Egypt’s Ministry of Electricity has signed Saturday an agreement with private sector firm Infinity Solar to…
Singapore now to try out self-driving buses
Singapore has signed an agreement Wednesday to start testing self-driving buses, as the city-state pushes ahead…
New Saudi-Egyptian firm formed to build $1bn-steel complex in Suez Canal region
Egyptian Suez Canal Authority (SCA) signed Tuesday a partnership agreement with a Saudi organisation on forming a…
BP produces 650m ft3 from Egypt’s Taurus and Libra fields
BP signed an agreement with Royal Dutch Shell to process 650m cubic feet of gas, produced from its North Alexandria…
Electricity Transformation inks power purchase deal with 8 Egyptian firms
Egyptian Electricity Transmission Company (EETC) is set to sign power purchase agreement with eight solar power…
Kuwaiti Bawabet Al Kuwait settles disputes with Egypt’s oil sector
Egyptian Oil Minister Tarek El Molla witnessed Monday signing a settlement agreement between Kuwait's Bawabet Al…
Russia to sign aviation security agreement with Egypt soon: Minister
Egyptian-Russian aviation security agreement is expected to be signed "in the coming period" within the framework…
Chinese firm to develop phase II, III in Egypt’s New Capital with $20b
China's Fortune Land Development (CFLD) signed an agreement with Egyptian government to develop second and third…