Business

Newspaper: Gazprom to supply Egypt 35 LNG shipments over five years

Newspaper: Gazprom to supply Egypt 35 LNG shipments over five years

Egyptian Minister of Petroleum Sherif Ismail  announced that an initial agreement has been made with Russia’s Gazprom to supply around…
Paper: Finance Ministry disburses LE275 million to state-owned newspapers

Paper: Finance Ministry disburses LE275 million to state-owned newspapers

The Ministry of Finance disbursed few weeks ago LE275 million to state-owned newspapers to cover needed expenses, Finance Minister Hany…
Telecom Egypt in LE15 bn deal with Mobinil, Vodafone for international calls

Telecom Egypt in LE15 bn deal with Mobinil, Vodafone for international calls

Egypt’s sole landline telephone service provider, Telecom Egypt, said on Tuesday it signed a LE15 billion deal with mobile phone…
Eni signs agreements for two offshore exploration blocks in Egypt

Eni signs agreements for two offshore exploration blocks in Egypt

Italian oil and gas major Eni said on Wednesday it had signed concession agreements to explore two new blocks in…
Egypt finishes invitations for economic summit soon

Egypt finishes invitations for economic summit soon

Egypt might be done with sending all invitations for its international economic summit, slated for 13-15 March in the resort…
Russian tourists to be exempted from fees of visa to Egypt until May

Russian tourists to be exempted from fees of visa to Egypt until May

The ministries of tourism, finance, foreign and interior affairs will start exempting Russian tourists to Egypt from the US$25 visa…
Sources: Ten banks bid for Citigroup’s Egyptian retail operations

Sources: Ten banks bid for Citigroup’s Egyptian retail operations

Citigroup has received 10 bids for its consumer banking business in Egypt, three sources with knowledge of the matter said…
Sources: Ten banks bid for Citigroup’s Egyptian retail operations

Sources: Ten banks bid for Citigroup’s Egyptian retail operations

Citigroup has received 10 bids for its consumer banking business in Egypt, three sources with knowledge of the matter said…
Egypt, Sudan wrap up first round of talks on cross-border trade

Egypt, Sudan wrap up first round of talks on cross-border trade

Egyptian and Sudanese officials ended on Monday in Cairo their first consultative meeting on the facilitation of cross-border trade among…
Egypt’s market gains $1.06 billion on Tuesday, EGX30 raises 2.19%

Egypt’s market gains $1.06 billion on Tuesday, EGX30 raises 2.19%

Egypt's market maintained its positive performance in Tuesday's session with the EGX30 Index gaining 2.19 percent to record at 9,308.98…
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