New President of Mcdonald’s Has Been Announced
The famous fast food giant McDonald’s Corp. named its new president. Mike Andres, 56, will take over the position…
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Misr Oils’ Board Names New Chairman
Egypt's Misr Oils and Soap Company (MOSC.CA) has appointed Eng. Hamid Abdel Salam Hassanein Seif as the new…
Egypt Seeks to Have First, Biggest Commodities Exchange in MENA
Egypt plans to launch the first and biggest commodities exchange in the Middle East in the coming period, said…
BP Announces First Gas from DEKA Project, Offshore Egypt
BP Egypt announced Thursday first gas from the DEKA project offshore Egypt with the start of production from the…
Qalaa Holdings Concludes Sphinx Glass Sale at $114.2 million
Qalaa Holdings (CCAP, Formerly Citadel Capital), announced Sunday that it has concluded the sale of 100% of…
Russia Asks Egypt to Start Free Trade Pact Talks – Minister
Russia has asked Egypt to start negotiations to sign a free trade agreement with the Eurasian Customs Union, which…
AC-OCI: Studies on Suez Canal’s 6 Tunnels Ready Next October
The Arab Contractors-Orascom Construction Industries coalition will finalise this October the planning studies of…
Eni Starts Production at DEKA Project in Egypt
Italian oil and gas group Eni said on Thursday it had started production at the offshore DEKA gas project in Egypt…
Sisi’s Government Clings to Debt to Pull Egypt’s Oil & Gas from The Brink
The Egyptian General Petroleum Corporation (EGPC), the country’s state-owned oil company, is in the market for a…
Egypt Imposes Property Tax on Oil and Gas Fields
A senior official at Egypt's Ministry of Finance said that his ministry is currently seeking to speed up the…