Digging of Phase 4A of Cairo Metro Line III kicks off
Egypt’s Prime Minister Ibrahim Mahlab inaugurated Thursday morning the digging work on first part of the fourth…
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industry & trade
Orascom Construction CEO bullish on Egypt, eyes More Reforms
Orascom Construction is bullish about growth opportunities in Egypt but wants the country's government to make…
Egypt mulls 20% Tariff on White Sugar Imports
Egypt is considering a 20 percent tariff on white sugar imports as it bolsters its own sugar industry with a…
Adnoc to start $400 million Oil Product Deliveries to Egypt
State-run Abu Dhabi National Oil Company (Adnoc) will start monthly deliveries of US$400 million of petroleum…
Dana Gas on Track to Production in Egypt and Sharjah – CEO
Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production…
Egypt is not using Imported Sugar for Subsidy Programme: Minister
Egypt is not using any imported sugar for its subsidy programme, Supply Minister Khaled Hanafi said in a statement…
Payout from BP Oil Spill Settlement tops US$5 Billion
The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the…
Kuwait’s Alghanim signs MoUs for $1.6 billion in Egypt Energy Projects
Egypt has signed preliminary deals with Kuwait's Alghanim International for two energy-related projects worth a…
Naguib Sawiris sells his 44% stake in Gold Company to Sudan
Egyptian business tycoon Naguib Sawiris sells his 44% stake in Ariab gold mining company to the Sudanese government…
Oriental Weavers to issue Dividend of 0.4 Egyptian pounds per Share
Egypt’s largest carpet-maker Oriental Weavers will pay a dividend of 0.4 Egyptian pounds (US$0.05) a share, the…
