Latest Business News
Egypt approves oil and gas exploration agreements
The deals are with firms including BP, Dana Gas Emirati, Petroceltic International,…
Balance of payments jump to $3.7bn
Significant rise in the account surplus is lessened by dramatic fall in…
Minister of Finance allots additional fund for different sectors
EGP 165m will be allocated for tourism, EGP 225m for petroleum, EGP…
UAE’s Arabtec plans property arms; eyes M&A, Egypt
Arabtec will partner with other firms to undertake projects in Dubai, Abu…
Big Oil sets out lobbying on Iran as US Congress stands firm
It is an unusual tack for an industry known for its strong…
India’s ‘Gilbertaro’ wins National Electricity Network contract
The contract shall be concluded Sunday between the Egyptian Electricity Transmission Company…
Tax Authority expects to collect EGP 20bn following resolution of tax disputes
Approximately 20,000 cases of tax disputes have been awaiting court verdicts since…
Minister of Housing promises reform of ‘new cities’
Mahlab concluded his speech by pointing out the importance of “residents feeling…
Western Desert a promising region for production: Minister of Petroleum
The minister later visited the crude oil treatment area and East Bahariya…
