Monday 5 December 2016
 
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Egypt

Apex International Energy awarded first blocks in Egypt

US-based Apex International Energy, an independent oil and gas exploration and production company, has been awarded two key blocks by Egyptian General Petroleum Company (EGPC) for exploration from their 2016 bid round. A company w

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Careem launched in 3 new Egyptian cities

Careem, the region’s leading app-based car booking service, has launched today (December 1) in three new cities in Egypt, extending access to its services to a total of six destinations across the country. The app is now liv

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Egypt to offer prime land for project development

The Egyptian government is set to offer 2,500 acres of land in new cities to real estate developers and also increase the budget of New Urban Communities Authority (Nuca) to E£50 billion ($3.24 billion) in the next fiscal year, said a repo

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Egyptian firm Petrojet wins Oman gas pipeline deal

Egyptian contractor Petrojet has won a contract from Oman Gas Company (OGC) for construction of a 221-km-long pipeline that will supply natural gas to end-users at the Duqm Special Economic Zone, said a report. The $90-million con

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Egyptian firm Petrojet wins Oman gas pipeline deal

Egyptian contractor Petrojet has won a contract from Oman Gas Company (OGC) for construction of a 221-km-long pipeline that will supply natural gas to end-users at the Duqm Special Economic Zone, said a report. The $90-million con

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WTTC, UNWTO urge UK govt to lift air ban to Sharm el Sheikh

The World Travel & Tourism Council (WTTC) and the World Tourism Organization (UNWTO) have called on the UK government to lift the current ban on UK-based airlines flying to Sharm el Sheikh in Egypt. In a letter to Prime Minist

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Omeir Travel Agency, Egypt Air ink key partnership deal

Omeir Travel Agency, one of the largest travel management companies and the flagship company of Omeir Bin Youssef Group, has been declared as the Preferred Sales and Services Agent (PSSA) for Egypt Air in Abu Dhabi and Al Ain. The

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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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BP buys 10pc stake in Egypt’s super-giant gas field

BP has reached an agreement with Italian oil company Eni to buy 10 per cent of its Shorouk concession offshore Egypt, which includes the super-giant Zohr gas field, for $375 million. On closing, BP will also reimburse Eni for BP&r

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