ADNOC to reduce Murban Crude Volumes to Asia for 3rd month
The United Arab Emirates' state-run Abu Dhabi National Oil Company will reduce its flagship Murban crude volumes to…
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industry and trade
Production at Gold Miner Centamin Egypt surges 46% in Q1
Gold miner Centamin achieved output of 108,233 ounces in the first quarter of 2015, a 46 percent rise compared to…
Shell to buy BG for $70 billion
Royal Dutch Shell (RDSa.L) said on Wednesday it had agreed to buy BG Group (BG.L) for 47 billion pounds ($70…
Egyptian Iron&Steel: Chineese Firm studies Developing Plants
Egyptian Iron and Steel Co (IRON) said on Monday that a delegation from Chineese firm Sinosteel Corporation…
Tourah Cement halts Production, Packaging in Torah Plant Temporarily
Tourah Cement (TORA) said on Monday that it has halted production and packaging in its Torah plant temporarily in…
FedEx to buy TNT to expand Europe Deliveries
FedEx Corp (FDX.N) launched a 4.4 billion euros ($4.8 billion) bid to buy Dutch package delivery company TNT…
High-profile Azerbaijani Trade Mission to visit Egypt Soon
Azerbaijan will send within the coming few months a high-profile trade mission to Egypt encompassing 50 businessmen…
‘Green Corridor’ to boost Egypt Exports to Russian Market – Official
The Green Corridor project recently announced by Russia will boost Egyptian exports to Russian market, chairman of…
Lafarge’s Lafont favors Cement insider as CEO in Holcim tie-up: paper
Lafarge (LAFP.PA) boss Bruno Lafont wants someone with experience of the cement industry to be chief executive in…
Adnoc issues Tender to buy Gasoil, Gasoline for Egypt
Abu Dhabi National Oil Co (Adnoc) issued a tender to buy up to nine cargoes, or 300,000 tonnes, of gasoil for…
