Friday 14 December 2018
 
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Egypt

Dana Gas hits 70,000bpd record production in November

UAE-based Dana Gas, the largest regional private sector natural gas company in the Middle East region, has announces that its group production reached 70,000 barrels per day (bpd) last month following the successful drilling programme in Egypt a

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Dana Gas hits 70,000bpd record production in November

UAE-based Dana Gas, the largest regional private sector natural gas company in the Middle East region, has announces that its group production reached 70,000 barrels per day (bpd) last month following the successful drilling programme in Egypt a

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El Sewedy Electric to build $557m industrial city in Egypt

Egypt-based Elsewedy Electric Company said its industrial development unit has signed an E£10 billion ($557 million) contract with the General Authority for Suez Canal Economic Zone to develop land at Ain Sohkna, located 120 km east of cap

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El Sewedy Electric to build $557m industrial city in Egypt

Egypt-based Elsewedy Electric Company said its industrial development unit has signed an E£10 billion ($557 million) contract with the General Authority for Suez Canal Economic Zone to develop land at Ain Sohkna, located 120 km east of cap

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El Sewedy Electric to build $557m industrial city in Egypt

Egypt-based Elsewedy Electric Company said its industrial development unit has signed an E£10 billion ($557 million) contract with the General Authority for Suez Canal Economic Zone to develop land at Ain Sohkna, located 120 km east of cap

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Egypt wins $131m Kuwait funding for desal projects

Kuwait Fund for Arab Economic Development (KFAED) said it has signed a deal with Egyptian government to provide funding worth KD15 million ($50 million) for the construction of four water desalination plants in South Sinai region of the country.

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Mubadala Petroleum completes acquisition of stake in Egypt’s Nour

Mubadala Petroleum has announced that it has completed the acquisition from Italy’s Eni of a 20 per cent participating interest in the Nour North Sinai Offshore Area concession, an offshore exploration block in Egypt.  

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Saudi Arabia's Sami takes part in Egypt defence show

The Saudi Arabian Military Industries (Sami) recently reinforced its partnership with the Egyptian military industries sector through its participation at the Egypt Defense Expo (Edex) 2018, which concluded in Cairo, Egypt, yesterday (December 5

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Egypt firms see easing of cost inflation pressure

Cost inflationary pressures at Egyptian private sector firms eased to record low in November, according to latest data from the Emirates NBD Purchasing Managers’ Index (PMI) for Egypt. The survey, sponsored by Emirates NBD a

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Orascom Construction's 9-month net profit up 45pc

Orascom Construction, a leading engineering and construction contractor in the region, has reported a net profit of $119.3 million for the period between January and September, up 45 per cent over the previous year's figure of $82.3 million.

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