Nostra Terra JV acquires Egyptian Producing Asset
Independent Resources plc and Nostra Terra Oil & Gas Company plc (NTOG:LSE) have reached an agreement…
Browsing Tag
industry & trade
Egypt awards 4 oil and gas exploration licences – EGAS
Egypt has awarded Tuesday four new licences to explore for oil and gas off its Mediterranean coast, weeks after…
Volkswagen admits rigging of 8M cars in EU
Volkswagen has admitted that 8 million vehicles were fitted with software capable of cheating diesel emissions…
U.S.: BP to pay $20 billion in fines for 2010 oil spill
BP Plc will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil…
High-rise tower catches fire in Emirati city of Sharjah
A fire broke out Thursday in a high-rise residential tower in the Emirati city of Sharjah, sending thick smoke…
Misr Cement Qena eyes higher stakes in Qalaa’s two subsidiaries
Qalaa Holdings, one of Egypt's largest investment companies, announced Monday that it received a preliminary…
Ganope to sign $100 million oil agreements soon in Egypt
Egypt’s state-run oil holding company, Ganoub El-Wadi (Ganope) is to sign five agreements for oil explorations and…
Egypt lifts ban on rice exports, applies $255 tariffs
Egypt lifts a ban on rice exports and is to apply an export tariff of 2,000 Egyptian pounds (US$255.43 million) a…
Egypt’s strategic wheat reserves to last until first week of March
Egypt's strategic wheat reserves are enough to last until the first week of March 2016, the country's supply…
50 new Kuwaiti companies launched in Egypt in 2015 – GAFI
Egypt is witnessing a remarkable increase in the number of newly-founded Kuwaiti firms since the beginning of 2015,…
