Stock markets in Saudi Arabia and Egypt rose in early trade on Thursday, tracking global bourses as oil prices, which had moved Middle Eastern equities earlier in the week, were relatively stable.
The main Saudi equity index gaine
The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel, Egypt's petroleum minister said, playing down fears that potential deals could be under threat.
Tomsk Polytechnic University (TPU) in Russia and Egyptian-Russian University have signed a co-operation agreement which makes provisions for the joint training of specialists for the nuclear industry in Egypt.
An Egyptian delegati
Egypt's El Sewedy Electric lifted second-quarter net profit to E£537.38 million ($68.63 million) from E£103.62 million a year earlier, it said in a bourse statement on Tuesday.
The company reported revenue of E&pou
Italy's Eni is open to selling a stake in its "supergiant" Zohr gas field discovery off of Egypt, its chief executive said, as the state-controlled energy company looks for funds to bankroll development without sacrificing dividend
Egypt's Orascom Construction said its net income for the second quarter of 2015 rose to $35.2 million.
The engineering and building business, which is dual listed in Cairo and Dubai, reported revenues of $1.017 billion.
Italian energy group Eni said on Sunday it had discovered potentially one of the world's largest natural-gas fields off the Egyptian coast, predicting that the find could help meet Egypt's gas needs for decades to come.
An Egyptian court has sentenced three Al Jazeera TV journalists to three years in prison for operating without a press license and broadcasting material harmful to Egypt, a case that has triggered an international outcry.
Far fewer Egyptians are complaining about the kind of power cuts that fuelled unrest in the past but government energy policies apparently focused on appeasing the public are dealing a blow to industries vital for economic growth.
Egypt's ministry of trade and industry will ban rice exports again as of September 1, according to a decision published in Egypt's official legal gazette.
Egypt had allowed the export of its medium-grain rice last October