Dana Petroleum adds two new wells to its Egyptian portfolio
The Aberdeen-based Dana Petroleum has completed the appraisal of two developmental wells…
Islamic Trade lends Egypt USD 1bn to meet rising demand of consumer goods
The Egyptian government signed a final agreement with the International Islamic Trade…
EU warns Egypt against cotton import ban
By Omar Abdel Hamid and Mohamed Salah El-Din The European Union warned…
Government resumes cement license programme
By Islam Zayed An official in the Ministry of Finance revealed that…
Morsi raises government salaries
The government began implementation of the new budget decisions last Sunday, after…
European stocks rise, euro falls, bond yields ease
European and US stock markets mostly rose on Monday while the euro…
British Petroleum draws first gas from Seth development Block
Energy veteran British Petroleum (BP) has announced production of first gas from…
Market analysts forecast seesawing trading indices
The Egyptian stock market was rated the second fastest emerging market worldwide…
Low Nile water level threatens summer harvest
By Mohamed Abdelmonsef The water level of the Nile River was recorded…
India’s investment hopes bolstered by appointment of former PM
Investors are hoping India’s Prime Minister Manmohan Singh can work his magic…