Big Rental sells gas, butane-powered electric generators during energy shortage
This means that citizens who use gas lines connected to their place…
Ministry of Tourism considering payment of $7 development fee on behalf of tourism companies
This led the ministry to study the option of paying for the…
Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman
Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign…
The Egyptian Tax Authority warns of pending administrative freeze on 13 petroleum companies; Ministry of Finance refuses to settle the debts
The Egyptian Tax Authority warned 13 public and private/public petroleum companies that…
EGP 135bn spent on subsidies for current fiscal year
By the end of the current fiscal year the amount spent on…
Wepco assumes operational control of Badr 1 field
Badr El Din Petroleum Company is currently operating Badr 1 but will…
Egypt’s Arabian Cement Company shares to start trading on Sunday
Arabian Cement’s initial public share offer was 18.5 times oversubscribed, an official…
Al-Futtaim Group Egypt to launch new Honda City model in July at EGP 165,000 starting price
By Islam Atris Nile Trading and Engineering Company Al-Futtaim Group Egypt, Honda’s…
Egypt’s Talaat Moustafa posts 15% increase in Q1 net profit
Reuters - Egyptian property developer Talaat Moustafa posted a first-quarter profit after…
Israeli mobile operator Cellcom profit up more than forecast
Cellcom was forecast to earn ILS 86m shekels on revenue of ILS…