Petroleum Ministry to pay more dues to foreign partners before end of FY 2017/2018
Egypt's Ministry of Petroleum and Mineral Resources' dues to international oil companies were reduced to $2.3bn by the end of last fiscal year (FY) 2016/2017, following the implementation of the…
Zohr reshapes future of gas exploration in Egypt
Major companies will compete to explore for Egyptian gas in Mediterranean
Dana Gas receives $164m in arrears from Egypt in 2017
UAE-based company says its total receivable balance fell 14% to $228m
Women are not obliged to wear abayas: Saudi Mufti
Saudi Mufti Abdullah al-Mutlaq stated on Friday that women are not required to wear abayas, breaking with precedents for regulations of Saudi women dress and causing widespread controversy in Saudi…
Almarasem Development targets EGP 32bn sales from two real estate projects
Company launches Capital Gate project in New Cairo
Further fall in inflation paves way for interest rates cut in Egypt: Capital Economics
Current data enough to convince MPC to ease policy at its next meeting
Israel strikes back after Syria downs F-16
Israel has struck what it described as Iranian targets inside Syria in raids, in retaliation to the Friday downing of an Israeli F-16 jet. Israel's raids came after it had…
Largest British trade delegation in nearly two decades in Egypt
UK Trade Envoy to Egypt Jeffrey Donaldson arrived in Egypt on 11 February for a five-day visit, heading the largest British trade delegation in nearly two decades. The visit will…
44% of world’s Bitcoin transactions involve illegal activities: Australian study
A recent Australian study revealed that 44% of the world's bitcoin transactions are used in illegal activities, stating that one out of four transactions involve suspicious activity. This research was…
Shoukry, Tillerson to discuss regional issues in Cairo
Visit is second for senior US official in less than one month