Egypt’s exports of crude oil and petroleum products increased 16.8 percent during the first quarter of financial …
petroleum
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Industry & Trade
Egyptian exports to Russia rise 27% in first seven months of 2017
by Yomna Yasserby Yomna YasserEgyptian exports to Russia increased to $387.9 million (27.4 percent) year-on-year between January and July of 2017, state-run …
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Industry & Trade
World Bank targets cooperation boost with Egypt’s oil sector: official
by Yomna Yasserby Yomna YasserThe World Bank is seeking to enhance cooperation with the Egyptian petroleum sector in the coming stage, …
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Egyptian Finance Minister Amr Al Jarehi has praised the deep-rooted historic ties between his country and Bahrain …
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Industry & Trade
Egypt’s non-petroleum exports up 9.3% in eight months
by Yomna Yasserby Yomna YasserEgypt’s non-petroleum exports increased 9.3 percent during the period from January until August 2017 to record $13.889 …
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Industry & Trade
Alexandria Petroleum’s output hits 33.9bn Egyptian pounds in FY2016/17
by Yomna Yasserby Yomna YasserEgyptian state-run Alexandria Petroleum Company’s output reached 33.9 billion Egyptian pounds ($1.9 billion) during the financial year …
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forex news
Oil dips as US floods cause large-scale refinery shutdowns
by Yomna Yasserby Yomna YasserOil prices slid on Wednesday as refinery shutdowns in the wake of Hurricane Harvey cut U.S. demand …
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Industry & Trade
Cairo hopes to cut fuel imports to 10% of consumption by 2019
by Yomna Yasserby Yomna YasserEgypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel …
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Industry & Trade
SDX Energy finishes drilling campaign at SD-1X well in Egypt
by nada nasserby nada nasserNorth Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X …
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Banks
China Development Bank keen to finance petroleum projects in Egypt
by Yomna Yasserby Yomna YasserThe China Development Bank (CDB) is keen to finance petroleum and gas projects in Egypt, a delegation …