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Eni sells 10% stake of Zohr gas field, offshore Egypt

2016-11-29 01:00:00| Offshore Technology

Italian oil and gas company Eni has agreed to sell 10% participating interest in the Shorouk Concession to BP.

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Egypt and EDP sign Umbrella Agreement for new windfarm in Gulf of Suez

2016-11-29 01:00:00| Power Technology

The European Development Partners (EDP) has signed an Umbrella Agreement with the Arab Republic of Egypt to secure finance for a new windfarm in the Gulf of Suez area in Egypt.

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Saudi Arabia halts oil product shipments to Egypt

2016-11-09 01:00:00| Hydrocarbons Technology

Saudi Arabia has halted shipments of oil products to Egypt for an indefinite period, indicating a growing rift between the two Middle Eastern countries.

Tags: product oil egypt arabia

 

Egypt will allow its currency to float freely

2016-11-03 10:09:12| BBC News | Business | UK Edition

Egypt will float its currency in a move that is expected to see it fall by almost 50% against the dollar.

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Egypt seizes 9,000 tonnes of sugar in raids amid shortage

2016-10-25 11:48:52| BBC News | Business | UK Edition

Egyptian authorities seize 9,000 tonnes of sugar in raids on factories and warehouses, amid a nationwide shortage.

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