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SOCO to foray into El Fayum concession through Merlon acquisition

Saturday 22/09/2018 14:29

Agencies: SOCO International is set to foray into the onshore El Fayum concession through the acquisition of Merlon Petroleum El Fayum for about $215...
Stock Exchange loses EGP 220bn during the last 5 months

Saturday 22/09/2018 13:51

By Mostafa Talaat The Egyptian Stock Exchange's historical data revealed huge losses that hit listed companies’ market capitalization during th...
AI technology’s global spending hit $ 77.6 billion

Saturday 22/09/2018 13:48

Al-Mal A recent report by the market research corporation (IDC) predicts an increase in global corporate spending on artificial intelligence technolo...
WB Approves $ 300mn Loan for Sanitation Projects in Egypt

Saturday 22/09/2018 13:45

By Summer Sayed The World Bank on Saturday approved a $ 300 million loan to complete the current Rural Sanitation Services Program, as part of suppor...
Upgrading textile sector is number one priority, minister

Saturday 22/09/2018 13:12

Al Mal: As a complement to previous meetings over development of cotton growing and textile industry, especially for companies affiliated to the min...
SDX Energy confirms talks with BP To buy assets in Egypt

Saturday 22/09/2018 12:31

Agencies: North African-focused oil and gas company SDX Energy Inc. on Sept. 20 confirmed that it was in discussions with BP Plc (NYSE: BP) to buy a ...
Belarusi's Amkodor to supply agricultural machines of $ 0.5bn to Egypt

Saturday 22/09/2018 12:27

BelTA: The Belarusian mechanical engineering company Amkodor will ship $500,000 worth of machines to Egypt by the end of the year, BelTA learned fro...
Siemens to run Combined-Cycle Plants in Egypt

Saturday 22/09/2018 11:15

Al Mal: The Egyptian Electricity Holding Co. has selected Siemens to provide operation and maintenance services for the Beni Suef, New Capital and Bu...
Trade fair promotes communication between Egyptian, Chinese businessmen

Saturday 22/09/2018 10:07

Xinhua: The largest trade fair for Chinese investors in Egypt that was launched on Friday will be a great opportunity for cooperation between the two...
EGX's indexes fell by 8.5 percent in bloody week

Thursday 20/09/2018 21:02

By Mona Abd El-Bary Egyptian Stock Exchange ended on Thursday the week's trades on a down note, as it recorded losses across the board with marketing...