Investment opportunities to enhance cooperation between Egypt, China
There are promising investment opportunities to develop cooperation between Egypt and China in the field of energy…
Browsing Tag
production
Oil falls amid supplied market, Iran sanction exemptions
Oil fell on Wednesday, extending losses from the previous session, with markets well supplied amid rising…
US crude drops 6.6% this week, settling at $63.14, as fear of oil shortage fades
Oil prices fell on Friday, posting a fourth consecutive weekly loss, as investors worried about oversupply after…
Oil falls as Saudi Arabia pledges to play responsible role in market
Oil prices dipped on Tuesday after Saudi Arabia pledged to play a "responsible role" in energy markets, although…
Oil well in Egypt’s West Nile Delta begins output
An oil well in Egypt's West Nile Delta has started production, the Ministry of Petroleum and Mineral Resources…
Soaring production costs lead to liquidation of Egypt’s National Cement
Due to continued financial losses and debt accumulation, the government has decided to liquidate the National…
Egypt’s govt. launches new strategy to boost local industry
The Ministry of Trade and Industry released its Local Industry Development Strategy (LIDS) earlier this month, a…
Egypt’s Sukari Gold Mine production rises 27% in Q3
Production from Egypt’s Sukari Gold Mine rose 27 percent during the third quarter of 2018, recording 117,720…
Oil falls as IMF lowers global growth outlook; eyes on US hurricane
Oil prices edged lower on Wednesday after the IMF lowered its global growth forecasts but prices were supported as…
Egypt’s need of sugar increases by 50,000 tonnes per year
Egypt’s need of sugar increases annually by 50,000 tonnes because of the population, Head of Sugar Division at the…