OCI Hires Advisor to Re-Evaluate Two Subsidiaries
The board of Orascom Construction Industries (OCI) decided on Sunday to appoint National Company for Financial…
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industry & trade
New Gas Discovery in El-Alamein
Improved Petroleum Recovery Group of Companies (IPRGOC), operating in Egypt, announced a new gas discovery in…
Suez Canal: 44 Ships Passed Through Today
Egypt's vital waterway Suez Canal witnessed on Sunday the crossing of 44 ships at weight of 2.202 million tons. 13…
Egypt Steel Tycoon’s Tax Evasion Trial Adjourned to Dec. 22
Egypt’s Misdemeanor Tax Evasion Court delayed on Sunday the trial of Ahmed Ezz, once preeminent steel and iron…
Egypt’s Maridive Attains Gains of $2.7 mln in 9 Months
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle East,…
El-Sewedy Electric Gains EGP225.67 mln in 9 Months
El-Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
Shell Pumps $555 mln for Oil Explorations in Egypt
Royal Dutch Shell Plc allocates total investments worth US$ 555 million for oil discoveries and explorations in…
SaudConsult, Beltone Acquire 40% of PGESCo
SaudConsult, one of Saudi Arabia’s largest engineering firms, and investment funds – BPE Power Ltd. and BPE…
54 Ships Crossed Suez Canal Today
Egypt's vital waterway Suez Canal witnessed on Thursday the crossing of 54 ships at weight of 2.879 million tons.…
GE, Saudi Electricity Ink $700 Mln Pact
General Electric has signed a nearly $700 million contract with Saudi Electricity Company (SEC) to bring additional…