UAE’s Dana Gas unveils significant gas discovery in Egypt’s Nile Delta
Emirati energy firm Dana Gas announced a significant gas discovery at Balsam-3, and that it has proved up…
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industry & trade
Business France: 12 French firms seek sugar investments in Egypt
Around 12 French companies are pursuing for opportunities to invest in Egypt’s sugar industry through a four-day…
France’s Carrefour targets 65 new branches in Egypt within 5 years
The French multinational retailer Carrefour is planning to open 65 new branches across Egypt in the coming five…
Egypt FDI survives turmoil but terror presents another test – FT
The political turbulence Egypt has experienced in the years since the Arab Spring has failed to dent investor…
U.S. EAEF to unveil US$56 million investments in Egypt in two weeks
The Egyptian American Enterprise Fund (EAEF) is to announce new investments worth US$56 million in Egypt in two…
Egypt signs oil and gas exploration deals with Italy’s Eni
Egypt has signed Thursday five oil and gas exploration deals worth around $2.2 billion with Italian energy giant…
Italy, Egypt sign cooperation protocol for commodities exchange schemes
Cairo and Rome have signed Thursday a protocol on cooperation that aims to help Egypt to launch its own commodities…
VW engineers admitted rigging CO2 emissions
Several Volkswagen (VOWG_p.DE) engineers have admitted manipulating carbon dioxide emissions data because goals…
U.S. tops Egypt’s ready-made garment exports at end-September
Egypt’s exports of ready-made garments to the U.S. under the Qualifying Industrial Zones (QIZ) protocol recorded…
Iran’s oil return to boost SUMED volumes says Egypt’s petroleum minister
Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move…