Qatar Airways increases stake in British Airways’ IAG
Qatar Airways said Tuesday it had raised its stake in British Airways parent International Consolidated Airlines…
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industry & trade
Egyptian dairy maker Domty signs $10mn deal with Russia’s Russkoe Moloko
Egyptian dairy firm Arab Food Industries – Domty has signed a $10 million contract with a major Russian dairy…
Eni embrace green energy quest in Egypt, Italy and Pakistan
Italian oil major Eni, which has historically invested little in renewable energy given its success in discovering…
Italy’s ENI raises Nooros oil field output in Egypt to 65,000 boed
Italian giant ENI announced Wednesday that their Nidoco North 1X and Nidoco North West 4 development wells had…
Egypt’s GB Auto Q1 net profit falls 70%
Ghabbour Auto's first-quarter net profit dropped 70 percent, the Egyptian auto distributor announced in a bourse…
Egypt has 16th largest gas reserves: Edison
Egypt has the 16th largest gas reserves and is the 15th largest producer of gas, a study prepared by Edison…
Orascom Construction wins $308 million Cairo metro line contracts
Egypt's Orascom Construction has won two contracts worth €270 million ($307.75 million) for work on the third phase…
Russia’s Rosneft delivers first LNG shipment to Egypt
The Russian state-owned oil company Rosneft said on Friday it delivered its first Liquefied Natural Gas (LNG)…
DHL opens up new service centre in Egypt’s Alexandria
Global express delivery and logistics services provider DHL Express has inaugurated Wednesday its newest service…
Dana Gas profit drops 50% as output in Egypt to Iraq declines
Dana Gas PJSC, which produces natural gas in Egypt and Iraq, reported a 50 percent fall in first-quarter profit as…
