Business
Petroleum Minister talks with US companies to pump investments into Egypt
March 7, 2020
Petroleum Minister talks with US companies to pump investments into Egypt
Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Molla on Saturday met with several officials of US American companies during…
Russia holds key to cuts in crucial meeting of OPEC, allies
March 6, 2020
Russia holds key to cuts in crucial meeting of OPEC, allies
All eyes are on Russia at the gathering of OPEC countries and their allies Friday, with the cartel hoping to…
OPEC mulls big production cut of 1.5 million barrels a day
March 5, 2020
OPEC mulls big production cut of 1.5 million barrels a day
VIENNA (AP) — The oil-producing countries of the OPEC cartel are proposing a deep production cut of 1.5 million barrels…
Egypt plans to sell $500 mln Banque du Caire stake via IPO in April- chairman
March 4, 2020
Egypt plans to sell $500 mln Banque du Caire stake via IPO in April- chairman
CAIRO, March 3 (Reuters) – Egypt aims to sell a minority stake in state-owned Banque du Caire in an initial…
Egyptian bank launches program financing private solar energy panels
March 2, 2020
Egyptian bank launches program financing private solar energy panels
The Arab African International Bank (AAIB) on Sunday launched its latest project in retail banking and personal finance for financing individually-owned…
Greek company to inject New Valley’s first foreign investments at $US200 million
March 1, 2020
Greek company to inject New Valley’s first foreign investments at $US200 million
The chairman of the Internal Trade Development Authority Ibrahim Ashmawy on Sunday met with the chairman of the Greek company…
Egypt most attractive to stock portfolios among emerging markets: Minister
March 1, 2020
Egypt most attractive to stock portfolios among emerging markets: Minister
International praise for Egypt’s continued improvement in its economic performance opens up new horizons in attracting foreign investments, Finance Minister…
Stock markets plunge, set for worst week since financial crisis
February 28, 2020
Stock markets plunge, set for worst week since financial crisis
Stock markets plunged further Friday, with equities on course for the largest weekly drop since the global financial crisis more…
EGAS plans to drill 10 wells in Delta, Mediterranean at $US 328 mn
February 28, 2020
EGAS plans to drill 10 wells in Delta, Mediterranean at $US 328 mn
Egypt’s EGAS has plans to drill 10 wells in the Nile Delta and the Mediterranean, with investments totaling $US 328…
Mashat discusses cooperation between Egypt, World Bank during visit to US
February 25, 2020
Mashat discusses cooperation between Egypt, World Bank during visit to US
Egypt’s Minister of International Cooperation Rania al-Mashat met with President of the World Bank Group David Malpass during her official…