Wall Street ends higher, driven by energy amid global tension
U.S. shares closed higher on Tuesday as energy stocks rose along with oil prices after Turkey shot down a Russian…
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Energy
Russia halts gas supplies to Ukraine, mulling coal cut off over Crimea
Russian Energy Minister Alexander Novak said Moscow would cut gas supplies to Ukraine on Tuesday or Wednesday…
Egypt opens largest $250mn wind power plant in Suez tomorrow
Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker is to inaugurate the largest wind power plant…
Wall St. climbs, led by energy, healthcare; Nasdaq 100 hits 15-year high
U.S. stocks added to their recent run with gains across all sectors on Monday, led by increases in the beaten-down…
Siemens could expand Egypt power deal; says CEO
German industrial giant Siemens could win an expansion of its record 8 billion euro ($8.8 billion) power deal with…
Saudi Arabia, Hungary sign nuclear pact
Oil giant Saudi Arabia, which is trying to diversify its energy sources, has signed an agreement Monday with…
Egypt Expands Energy Import Options with Second LNG Terminal
Taking another step towards easing its energy demand challenges, Egypt welcomed the arrival of a second…
ACWA Power seeks $150m-loan to finance new energy projects
Saudi Arabia-based ACWA Power targets negotiating over US$150 million loan to fund two projects to generate power…
Foreign consultants miss Renaissance Dam deadline; Egypt concerned
Irrigation minister Hossam Moghazi expressed on Sunday Egypt’s concern about the failure of foreign consultancy…
Russia’s Gazprom to offer 5 mn tons of gas to Egypt
Russian Energy Minister Alexander Novak said Gazprom company will provide Egypt with one million tons of…