forex news Oil prices dip on U.S. crude inventory build, record Saudi output Noha Gad Aug 11, 2016 0 Oil prices fell on Thursday as a build in U.S. crude inventories and record Saudi Arabian production reinforced…
Industry & Trade Eni, BP eye production of 350m cubic feet of gas from Egypt’s Baltim field aya salah Jul 31, 2016 0 The Italian oil company Eni and British BP will target the production of 350m cubic feet per day of gas from the…
Industry & Trade Egyptian trade minister opens new steel, fertilizers production lines worth $393mn Noha Gad Jul 28, 2016 0 Egyptian Trade and Industry Minister Tarek Qabil launched Thursday two new steel and fertilizers production lines…
Industry & Trade Egypt’s daily production of natural gas increases by 50m cubic feet aya salah Jul 27, 2016 0 Egypt’s daily production of natural gas has increased to 4.05bn cubic feet during this week for the first time…
Industry & Trade India’s TCI Sanmar group invests $280mn to boost PVC production in Egypt Noha Gad Jul 21, 2016 0 Indian TCI Sanmar Chemicals Group intends to pump new investments of US$280 million into the Egyptian market to…
Industry & Trade GlaxoSmithKline says to pump 60 mln Egyptian pounds into Egypt in 2016 Ghada Ismail Jul 14, 2016 0 Drugmaker GlaxoSmithKline said Thursday it plans to inject investments worth of 60 Egyptian pounds ($6.7 million)…
Tech news Google buys 12-year output from Norwegian wind power farm Noha Gad Jun 30, 2016 0 Google has bought the entire 12-year power production from a yet-to-be-built Norwegian wind power farm to supply…
Industry & Trade Industrial production of Egypt’s public enterprises hit $16bn in FY2014/15- CAPMAS Noha Gad Jun 26, 2016 0 The annual industrial production of public sector enterprises recorded 140.8 billion Egyptian pounds (US$15.9…
Tech news Shanghai emerging frontrunner for Tesla’s China production: Bloomberg Ghada Ismail Jun 21, 2016 0 Tesla Motors Inc is eyeing Shanghai for its China production base in an investment that could be worth about $9…
Industry & Trade Egypt to increase natural gas production by 30% by 2019 Noha Gad May 25, 2016 0 Riding high on a series of major discoveries and what appears to be renewed investor interest in Egypt’s energy…