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EPROM receives two offers to operate, maintain projects in Iraq, Kuwait

Egyptian Projects Operation and Maintenance (EPROM) received two offers to operate natural gas production and processing at Ciba field in Iraq, as well as the operation and maintenance of industrial water treatment units at Al-Zour field in Kuwait. EPROM Chairperson and CEO Amgad El-Ahmady said that the company has signed memoranda of understanding and technical …

Mohamed Farag

Tillerson in town

United States Secretary of State Rex Tillerson paid an official visit to Cairo, his first since he became America’s top diplomat a year ago, on Monday 12 February. The visit came as a part of a Middle Eastern tour for Tillerson that will also take him to Kuwait, Jordan, Lebanon, and, finally, Turkey. In Kuwait, …

Hussein Haridi

Al-Sisi receives letter from Al-Sabah regarding Qatar crisis

President Abdel Fattah Al-Sisi received on Monday a letter from the Kuwaiti Emir Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, handed by the Kuwaiti First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khalid Al-Sabah. The letter was regarding the Kuwaiti efforts in resolving the Qatari rift, and efforts in supporting unity and cooperation between …

Mohammed El-Said

Sideways trend dominates Gulf markets in past week’s trading

The Arab Gulf stock markets experienced a sideways trend over the past week affected by the high price of Brent Crude, which rose from $42.14 up to $46.97 per barrel since the beginning of August. Qatar led the region-wide rise to finish 2.57% higher during the past week’s trading. It increased from 10,681.08 points to …

Mohamed Ahmed