Egypt

Egypt, Saudi Arabia sign $1.8 bln power grid deal -Egyptian state TV

Saudi Arabia and Egypt on Tuesday signed an electric grid interconnection project worth $1.8 billion in a live ceremony broadcast by Egyptian state television.

President Sisi: Scientific research essential for Egypt development process

Abdel Fattah El-Sisi emphasized the importance of increasing the contributions of the scientific research system to serve the state comprehensive development process, said Egyptian Presidential spokesman Bassam Radi in a statement.

Misr Chemical Industries to pay EGP 1/shr dividend for FY20/21

The ordinary general meeting (OGM) of Misr Chemical Industries approved a cash dividend of EGP 1 per share or a total of EGP 73.12 million for fiscal year (FY

Shell sells Egyptian Western Desert assets

The Egyptian assets comprise 13 concessions, including five exploration areas owned and operated by Bapetco

General Petroleum daily output hits record of 74k barrels of oil equivalent

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, headed the general assembly of General Petroleum Company (GPC) to approve the

CIB Business Banking Signs a New 5-Year Deal with Visa

The new strategic agreement will provide business banking customers with a host of financial and non-financial services for their businesses to thrive

Khalda makes four new petroleum discoveries in FY20/21

Khalda Petroleum Company made four petroleum discoveries during fiscal year 2020/2021 with total reserves of about 21 million barrels of oil equivalent

El-Hamra Port handles 82m barrels of crude oil in a year

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, affirmed that developing petroleum