News

The Federation of Egyptian Industries (FEI) and the Federation of Egyptian Chamber of Commerce (FEDCOC) denied reports on halting buying and selling gold in the country due to the allegedly unstable…
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Robert Oliphant, Parliamentary Secretary to Canada’s Minister of Foreign Affairs, is visiting Egypt and Morocco from May 8 to 12, said Minister of Foreign Affairs Mélanie Joly on Saturday.
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Egypt's Oil and Gas Ministry and Eni are implementing a pilot carbon capture project at the Italian energy firm’s Meleiha concessions in the Western Desert, according to a ministry statement.
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The Egyptian general budget is more flexible in light of the severe world economic crises, Minister of Finance Mohamed Maait announced.
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AD Ports Group signed a term sheet and head of terms agreement with the Red Sea Ports Authority for major port projects that will be established along the coast of Egypt
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Egypt unveiled a number of projects meant to upgrade the efficiency of the national gas grid as production from the Eastern Mediterranean fields continue to take an upturn, according to the Petroleum…
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 The consolidated net profits of Juhayna Food Industries rose by 23% to EGP 526 million in 2021, compared to EGP 428 million in the earlier year.
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US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for aircraft in Egypt, the company’s North Africa head Khaled Hashem said in a…
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Egypt signed on  two memoranda of understanding with UAE renewable energy company Masdar and Hassan Allam Utilities – part of Hassan Allam Holding – to construct plants for green hydrogen production…
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The Emirati AMEA Power Company signed a memorandum of understanding (MoU)  to establish a project within the Suez Canal Economic Zone; to produce about 390,000 tonnes of green ammonia annually.
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