Exclusive: Egypt Offers 25 Grand Investment Opportunities Next February
Egypt is planning to offer 25 major investment opportunities in New Valley governorate during its upcoming economic…
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industry & trade
BP Starts Drilling Atoll-1 Well Offshore Egypt
BP Egypt announced Tuesday the start of drilling the Atoll-1 well offshore Egypt. The deepwater exploration well is…
UAE Firm to Build Egypt’s First Coal-Fired Power Plant
An Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez…
Egyptian Tycoon Naguib Sawiris Blames ‘Cowardly’ Minister for Tax Dispute
In a television interview Monday night, Egyptian billionaire Naguib Sawiris slammed the government's handling of…
Egypt to Repay $2-3 billion of Foreign Oil Debts at 2014-end – Minister
Egypt seeks to repay by end of this year around US$2-3 billion of its total debts to foreign oil companies working…
Egypt’s Top Refinery Hopes Expansion Will Revive Exports
Egypt's largest oil refinery hopes a planned expansion will allow it to export after years of production being…
Egypt Exports to Nile Basin States 15% up, Imports Fall 0.4%
Egyptian exports to Nile basin countries have surged in 2013 by 15%, registering EGP 7.22bn, the state-run Central…
Egypt Tops Saudi Aid List at $5.9 billion Since 1990
Saudi Arabia allocated SR252 billion ($67.2 billion) in aid to foreign countries between 1990 and 2014, according…
New Factory May Allow Egypt to Start Exporting Petrochemical to Europe
A new state-owned ethylene factory due to start production in Alexandria next year could save Egypt about $500…
France’s Total Wins Egypt Gas Exploration Licence -Source
French oil company Total has been awarded a licence to explore for natural gas in the Nile Delta, a source in the…