Sunday 31 July 2016
 
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Egypt

Egypt prepares to launch fuel smart cards

Egypt plans to launch fuel smarts cards in the 2016-17 fiscal year, deputy finance minister for monetary policy Ahmed Kojak said on Thursday. The smart cards are part of a wide-ranging effort to reform Egypt's costly subsidies

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S Korea to help redevelop port city of Alexandria

South Korea will conduct a feasibility study on redeveloping the historic port city of Alexandria in Egypt, a report said. The study will look into the technical feasibility of the development of the Egyptian seaport, along with d

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Egypt close to $7bn a year support deal with IMF

Egypt said on Tuesday it was close to agreeing an International Monetary Fund (IMF) lending programme to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minis

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Siemens ships locally produced gas turbines to Saudi plant

Technology major Siemens has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia. The locally produced turbines are in line with

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Siemens ships locally produced gas turbines to Saudi plant

Technology major Siemens has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia. The locally produced turbines are in line with

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Siemens ships locally produced gas turbines to Saudi plant

Technology major Siemens has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia. The locally produced turbines are in line with

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Egypt signs exploration deals with US and Cyprus firms

Egypt's minister of petroleum and mineral resources signed two agreements for oil and gas exploration in upper Egypt with US company IPR and Cyprus subsidiary Mediterra, the ministry said in a statement.   Th

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Opel Astra leads sales of European cars in Egypt

Opel Astra, a leading automaker, has maintained its position leading sales of European cars in Egypt between January and May, registering sales of 1,776 units worth EGP440.4 million ($49.5 million), said a report. Kia Sportage, ma

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Opel Astra leads sales of European cars in Egypt

Opel Astra, a leading automaker, has maintained its position leading sales of European cars in Egypt between January and May, registering sales of 1,776 units worth EGP440.4 million ($49.5 million), said a report. Kia Sportage, ma

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GE completes upgrade of two gas turbines in Egypt

GE, a leading engineering and tech giant, has completed the upgrading of two GE 9FA gas turbines at the Nubaria power plant in Egypt, the first of its kind upgrade in the Middle East and Africa (MEA) region, said a report. The ini

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