Germany delivers second of four submarines to Egypt
Germany has delivered the second of four submarines to the Egyptian Navy with a military ceremony in the northern…
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industry and trade
Egypt’s fuel subsidy spending doubled to $6.76 bln in FY 2016-17: minister
Egypt's fuel subsidy spending was more than doubled, hitting 120 billion Egyptian pounds ($6.76 billion) for the…
Saudi’s ACWA Power to establish 3 solar projects in Egypt
Saudi Arabian water and power project developer ACWA Power has been awarded three solar photovoltaic power projects…
Mazda says to put autonomous-driving technology in all models by 2025
Mazda Motor Corp. plans to launch a new engine in 2019 that it says would be the world's first commercial gasoline…
Saudi Arabia may cut crude allocations in Sept by at least 520,000 bpd
State oil company Saudi Aramco will cut crude oil allocations to its customers worldwide in September by at least…
EEHC Egypt targets 3 firms for Siemens power plants by end-2018
Egypt's Electricity Holding Company (EEHC) has decided to establish three new companies for the Siemens power…
Egypt’s GASC buys 240,000 tonnes of Russian and Romanian wheat
Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Thursday it had bought…
Egypt’s Marsa Allam beach closed for 48 hours after shark bites tourist
Marsa Allam’s beach was closed for 48 hours after a shark punctured the hip of 20-year-old female Austrian tourist…
Saudi billionaire Prince Alwaleed bin Talal to invest $800 million in Egypt
Billionaire Saudi Arabian Prince Alwaleed bin Talal will invest more than $800 million in Egypt, in partnership…
Egypt’s Misr Petroleum reports 10% fall in 92-octane gasoline sales
Egypt's sales of 92-octane gasoline fell by ten percent by during July 2017, the chairman of the country's…