Shares in Qalaa Holdings, one of the largest investment companies in Egypt, dropped by nearly 10 percent …
refinery
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Industry & Trade
Qalaa: ERC’s refinery will save Egypt $1.8 billion annually
by Yomna Yasserby Yomna YasserThe Egyptian Refining Company’s (ERC), anticipated oil refinery project will save Egypt between $1.5 billion and $1.8 …
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Industry & Trade
Egypt’s Assiut Oil Refining to build new refinery with $350mn
by Noha Gadby Noha GadAssiut Oil Refining Company-ASORC is planning to establish new refining unit with investments worth more than US$350 …
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Eight people died in a fire at a hydrocracker unit at the Ufaneftekhim refinery in the Urals …
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Italian joint-stock company SACE is to fund the project of upgrading Egypt’s largest oil refinery Midor near …
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forex news
Oil prices rise on reports of falling inventories, glut remains in place
by Noha Gadby Noha GadOil prices edged up on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts …
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Egypt said on Sunday it expected to receive around $425 million in funding from the Islamic Development …
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Iran for the first time will be building an oil refinery “Pars”, using only its own resources, …