Chevron, Shell, Mubadala win Egypt’s Red Sea oil and exploration concessions
Chevron, Royal Dutch Shell, and Mubadala were announced the winners in one of Egypt’s international oil and gas…
Browsing Tag
Red Sea
Egypt completes 1,504 social housing units in Red Sea – official
Egypt has completed 1,504 social housing units in Red Sea governorate, said chairperson of the Egyptian Mortgage…
Egypt’s naval forces rescue two French tourists from drowning at Red Sea
Egypt’s Naval Forces on Sunday have rescued two French tourists from drowning south of the Red Sea, after their…
Abu Soma eyes EGP 600mn sales from Soma Bay’s housing units in 2019
Egypt’s Abu Soma Development says it targets contractual sales up to 600 million Egyptian pounds ($34 million) from…
Egypt’s Abu Soma to invest $28.4mn in Soma Bay Resort in 2019
Egypt’s Abu Soma Development says it plans to pump investments worth 500 million Egyptian pounds ($28.4 million) in…
Egypt to launches first oil, gas exploration bid in Red Sea
Egypt will launch the first international tender for oil and gas exploration in the Red Sea next month, a petroleum…
Egypt to launch first oil drilling auction in Red Sea before 2018-end – minister
Egypt will launch its first auction for oil and gas drilling in the Red Sea before the end of this year, its oil…
Kremlin to discuss resumption of flights from Russia to Egypt’s Red Sea
Russia’s President Vladimir Putin and his Egyptian counterpart Abdel Fattah al-Sisi will discuss the resumption of…
Egypt, Italy to establish integrated city for marble industry in Galala
Egypt's President Abdel Fattah al-Sisi on Saturday agreed with the CEO of the Italian Pedrini company to establish…
Annual meetings of WB, IMF African caucuses conclude in Egypt
The annual meetings of the African caucuses for the World Bank (WB) and the International Monetary Fund (IMF)…