Sunday 21 December 2014
 
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Egypt

Kuwait Energy finds new hydrocarbon site in Egypt

Kuwait Energy, an independent oil and gas company, and its partner the Egyptian General Petroleum Corporation (EGPC), have announced the discovery of hydrocarbons on the East Ras Qattara development lease in Egypt. The exploration

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Egypt set to pass mining, industrial land laws

Egypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by political turmoil, the investment minister said on Tuesday. But Asharf Salman ga

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Kuwaiti ship, Egyptian fishing boat collide killing 13

Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians. A statement from the prosecutor's office said initial

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WB urges Egypt to make reforms before investor conference

A senior World Bank official has called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference in March where the government hopes to attract more than $12 billion in investments. The go

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Egypt plans world's largest food storage system

Egypt has collaborated with US-based Blumberg Grain, a leading global food security company, in a move to develop one of the world's largest integrated food security systems for grain storage. The first phase of the new food s

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Egypt plans world's largest food storage system

Egypt has collaborated with US-based Blumberg Grain, a leading global food security company, in a move to develop one of the world's largest integrated food security systems for grain storage. The first phase of the new food s

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Egypt plans world's largest food storage system

Egypt has collaborated with US-based Blumberg Grain, a leading global food security company, in a move to develop one of the world's largest integrated food security systems for grain storage. The first phase of the new food s

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Qalaa in deal to sell Egypt metallurgy firms

Qalaa Holdings (formerly known as Citadel Capital), an African leader in infrastructure and industry, said it has signed a deal for the sale of two of its metallurgy companies for E£260 million ($36.2 million). The sale of t

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120 natural stone and construction firms meet in Cairo

More than 120 companies and associations active in fields involving natural stone and machinery for quarries and building sites from Italy, Egypt, China, India, Turkey, Russia and Poland are meeting in Cairo, Egypt. The four-day i

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BP plans $12bn investment in Egypt over 5 years

British oil major BP plans to invest more than $12 billion in Egypt over the next five years, and to double its gas supplies to the local market in the next decade, said the country manager of BP Egypt. "BP is committed to un

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