UAE’s Mubadala buys 10% of Zohr field
The Ministry of Petroleum signed a final agreement to sell 10% of Zohr concession areas to the UAE's Mubadala Oil Company, according to a statement from the ministry on Wednesday.…
Egypt and Saudi Arabia postpone interconnection agreements indefinitely
Egypt and Saudi Arabia have again postponed awarding the tender for the electricity grid between the two countries, despite assurances from the joint committee of its willingness to sign the…
Middle East IPO value falls, but expected to pick up in H2 2018: Baker McKenzie
Region`s IPO activity slows, geopolitics weigh on IPOs, but cross-border deals jump, says law firm
Second phase of Sakan Misr project sells 6,650 conditions booklets in 17 days: NUCA deputy chairperson
The deputy chairperson of the New Urban Communities Authority for Real Estate and Commercial Affairs (NUCA), Tarek Al-Sibai announced n a press statement on Wednesday that the sales of the…
105.5% increase in Egypt’s exports to US in 2017: CAPMAS
The value of Egyptian exports to United States reached EGP 23.6bn in 2017, accounting for 5.1% of Egypt's exports to the world, this is up from EGP 11.5bn in 2016,…
Industry minister invites Sudanese counterpart to visit Egypt
Two countries prepare for joint Egyptian-Sudanese trade committee meetings
Is Egypt on cusp of drawing a new map for political parties after absence of influence?
A take on political life expectations in Egypt
Turkey strikes back at higher US tariffs
Turkey is imposing higher tariffs on about 20 US products ranging from sunscreen to cars, the government in Turkey has confirmed. The move comes in retaliation to Washington's duties on…
German Defense Minister Ursula von der Leyen promises US significant defense budget increase
Speaking in Washington, German Defense Minister von der Leyen said Germany is committed to increasing its defense budget. US Defense Secretary Mattis said Germany's spending plan is "on the right…
Instagram launches video streaming service to rival YouTube
Instagram, which has surpassed 1 billion users, is entering the video streaming arena, launching a video platform called IGTV. The app is supposed to help the social media platform compete…