Friday 27 May 2016
 
»
Tag
 
»
Egypt

French black box search vessel arrives at EgyptAir search zone

A French vessel carrying specialist probes designed to detect black box pinger signals has arrived to the search area where an EgyptAir jet is believed to have crashed last week, sources on the investigation committee said on Friday.

More…

Egyptian cabinet approves $2.5bn grant from Saudi Arabia

Egypt's government approved on Thursday a $2.5 billion grant from Saudi Arabia, the cabinet said in a statement. "The cabinet approved a grant agreement between the governments of Egypt and Saudi Arabia in which Saudi Ara

More…

Egypt energy subsidy bill down 27pc

Egypt's energy subsidy bill reached 41 billion Egyptian pounds ($4.62 billion) during the first nine months of the 2015-16 financial year, down 27 per cent from 56 billion in 2014-2015, an oil ministry official told Reuters on Thursday.

More…

French specialist vessel to join black box search, says official

Egypt's air accidents chief said on Thursday that a vessel provided by French company Alseamar, which specialises in marine wreckage searches, will join within hours the hunt for the black boxes from crashed EgyptAir flight MS804.

More…

Bertazzoni Italia to invest $61m in new Egypt factory

Italy-based Bertazzoni Italia plans to invest €55 million ($61.4 million) in a new factory to produce the latest home appliances in Egypt, according to a senior official. The factory represents a significant addition to the h

More…

Orascom Construction posts $23m Q1 profit

Orascom Construction posted a net profit of $23 million in the first quarter of 2016, up significantly from $5.8 million a year ago. The group said it signed new contracts amounting to $510 million in Egypt, Algeria and the US in

More…

Orascom consortium wins $350m Egypt project deal

A consortium of Egypt's Orascom Construction (OC) and Belgian Besix Group has won the contract from Arab Petroleum Pipelines Company (Sumed) for the construction of a new pier in Ain Sukhna area of Suez governorate at an investment of $350 m

More…

Orascom consortium wins $350m Egypt project deal

A consortium of Egypt's Orascom Construction (OC) and Belgian Besix Group has won the contract from Arab Petroleum Pipelines Company (Sumed) for the construction of a new pier in Ain Sukhna area of Suez governorate at an investment of $350 m

More…

Saudi JV to develop $3.6bn Egypt housing project

Jeddah-based Sisban Holding has joined hands with leading developer Egyptian Mountain View to launch its giant $3.6-billion luxury residential project, said a report. The Mountain View iCity is being developed as a comprehensive u

More…

Egyptian developer Medinet Nasr eyes $113m loan

Egyptian property developer Medinet Nasr is considering a E£1 billion ($113 million) loan in order to speed up development at one of its plots, the company said in a statement on Tuesday. The company reported this week that

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads