Industry & Trade Siemens in dispute with Russia over diverted turbines Yomna Yasser Jul 11, 2017 0 Germany's industrial giant Siemens says at least two gas turbines it has supplied to a Russian company have been…
Industry & Trade Total seen in pole position to snap up Qatar gas deals following Iran move Yomna Yasser Jul 10, 2017 0 Total is well placed to take a lead role in helping Qatar expand output from the world's largest gas field, largely…
Industry & Trade Egypt’s Orascom signs $100 mln contract for 650 MW power plant in Assiut Yomna Yasser Jul 3, 2017 0 Egypt's Orascom Construction Company (OC) said Monday it has signed a contract worth $100 million to build a steam…
Industry & Trade Britain to pump $400 mln for Egypt’s Suez Canal new power station: minister Yomna Yasser Jun 22, 2017 0 The British International Investment Funds Association said it would inject $400 million into direct investment…
Industry & Trade Shell plans new Egypt investment Yomna Yasser Jun 21, 2017 0 Royal Dutch Shell Plc is planning new investments in Egypt’s petroleum sector, given that the country enjoys…
Industry & Trade UAE’s Dana Gas receives overdue $40 million additional payment from Egypt Yomna Yasser Jun 8, 2017 0 Sharjah-based Dana Gas said Wednesday it has received an additional $40 million (AED 147 million) from the Egyptian…
Egypt News Egypt’s court acquits tycoon Hussein Salem in gas export corruption case Yomna Yasser May 20, 2017 0 An Egyptian criminal court upheld on Thursday the acquittal of Mubarak-era business tycoon Hussein Salem on…
Industry & Trade Egypt in $750 mln debt payout to oil firms Yomna Yasser May 17, 2017 0 Egypt is to make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor…
Industry & Trade Newly-discovered gas fields for around $3.6 bln yearly: Egypt’s Sisi Yomna Yasser May 17, 2017 0 Egyptian President Abdel Fattah al-Sisi said he expected that recently discovered gas fields would save Egypt…
Industry & Trade Saudi Acwa Power, Egypt’s Electricity Ministry to establish power plant in Luxor Yomna Yasser May 15, 2017 0 Egypt's Ministry of Electricity has agreed with the Saudi company Acwa Power to launch a power plant with a…