Power plants consume 4bn cubic feet of gas per day- Egypt’s minister
The total amount of power plants consumption of natural gas hiked due to the high temperatures, Egyptian Petroleum…
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Inorganic chemicals exports hit $90mn in five months- Egypt’s CEC
Egypt's exports of inorganic chemicals declined by 9 percent to 798.9 million Egyptian pounds (U$89.9 million)…
Executed investments in Egypt hit $10bn in Q3 of FY2015/16- planning ministry
The total volume of investments executed in Egyptian market during the third quarter of fiscal year 2015-16 rose by…
Asian shares near 2016 highs as risk appetite improves
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative…
Egyptian Contracting Co. Al-ABD eyes $168mn volume of business in 2017
Egypt’s leading contracting company, The Egyptian Contracting Co. Al-ABD, is seeking to double its volume of…
VW to offer to buy back nearly 500,000 U.S. diesel cars – Reuters
Volkswagen AG (VOWG_p.DE) and U.S. officials have reached a framework deal under which the automaker would offer to…
Asian shares near five-and-a-half-month highs on oil rally
Asian shares reached a 5-1/2-month high on Thursday as oil prices rallied over 4 percent overnight thanks to a…
IMF, Tunisia reach $2.8bn loan for economic reform
The International Monetary Fund said on Friday it has reached a tentative deal to assist Tunisia with a four-year…
Wells Fargo reaches $1.2 billion U.S. mortgage settlement
Wells Fargo & Co (WFC.N) has formally reached a $1.2 billion settlement to end a U.S. Department of Justice…
Egyptian Sigma Paints owner PPG group obtains sales of $150mn
PPG Protective and Marine Coatings-Egypt total sales reached around US$150 million, Marketing and Decorative…
