Egypt’s Orascom Construction Company (OC) has signed Tuesday a contract to develop, construct, and operate 250 MW …
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agreement
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International News
Trying to unlock Brexit, Britain’s May to make offer on EU citizens
by Yomna Yasserby Yomna YasserBritish Prime Minister Theresa May will promise on Thursday to make it as easy as possible for …
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forex news
Oil markets stable on tighter US market, expected extension of OPEC supply cuts
by Yomna Yasserby Yomna YasserOil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East …
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Egyptian Finance Minister Amr El-Garhy said on Monday he expects a financing agreement with a consortium of …
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Industry & Trade
Jordan and Egypt sign agreement for energy supply boost: officials
by Yomna Yasserby Yomna YasserJordan and Egypt have signed an agreement to boost electricity cooperation and increase volume of voltage as …
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World
European stocks set for a positive open, political risk on the continent remains
by Yomna Yasserby Yomna YasserEuropean stocks look set for a positive open on Wednesday though political risk on the continent remains. …
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Industry & Trade
Germany to earmark $250mn in 2018 to plug Egypt’s budget deficit
by Yomna Yasserby Yomna YasserThe German government will allocate $250 million in 2018 to plug Egypt’s budget deficit, German ambassador to …
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The United States said on Wednesday it is weighing whether the Iranian nuclear deal serves its security …
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Real Estate
Palm Hills to build 150bn pounds housing flagship in West Cairo
by Yomna Yasserby Yomna YasserEgypt’s second largest property developer firm Palm Hills announced Wednesday it has signed an agreement with the …
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Industry & Trade
Shell plans to sell Iraq’s Majnoon oilfield: officials
by Yomna Yasserby Yomna YasserRoyal Dutch Shell is seeking to sell Iraq’s Majnoon oilfield and the oil ministry has started preparations …