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Putin, Italian prime minister exchange views on Libya - Kremlin
Date: 2020-02-12 16:31:55 GMT - Russia - Arab world - SN:61 - ID:8309401
MOSCOW, Feb 12 (MENA) - Russian President Vladimir Putin and Italy’s Prime Minister Giuseppe Conte held a phone conversation to exchange views on the situation in Libya, the Kremlin press service said on Wednesday. "A substantive exchange of ....
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Sisi directs officials to continue efforts of improving economic conditions
Date: 2020-02-12 16:09:28 GMT - Egypt - Egypt - SN:60 - ID:8309328
CAIRO, Feb 12 (MENA) – President Abdel Fattah El Sisi directed state officials Wednesday to continue efforts of improving the economic fundamentals and maintaining the monetary and banking stability. Sisi’s directives came during a meeting with ....
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Cairo, Austrian OMV energy group probe investment opportunities
Date: 2020-02-12 16:02:20 GMT - Egypt - Economy - SN:59 - ID:8309153
CAIRO, Feb 12 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla discussed with a delegation from Austrian oil and gas group OMV the investment opportunities available in the fields of exploring and producing oil and gas in light of ....
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Deutsche Bank expects Egyptian pound to continue to rise against US dollar in 2020
Date: 2020-02-12 15:51:18 GMT - Egypt - Economy - SN:57 - ID:8309052
CAIRO, Feb 12 (MENA) - German Deutsche Bank, a major international bank, expected that the Egyptian pound to continue to rise against the US dollar in 2020, saying the US currency would record EGP 15.5 by the end of the first half of 2020 and EGP 15 ....
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ECS, ITIDA sign MoU on investment promotion in communication sector
Date: 2020-02-12 15:17:25 GMT - Egypt - Egypt - SN:56 - ID:8308951
CAIRO, Feb 12 (MENA) - Prime Minister Dr Mostafa Madbouli Wednesday attended the signing of a memorandum of understanding between the Egyptian Commercial Service (ECS) and the Information Technology Industry Development Authority (ITIDA) on ....
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Housing Ministry, ACWA Power sign MoU
Date: 2020-02-12 15:02:32 GMT - Egypt - Economy - SN:55 - ID:8308985
CAIRO, Feb 12 (MENA) - Prime Minister Mostafa Madbouli attended Wednesday the signing of a memorandum of understanding on having ACWA Power Company set up a feasibility study on water desalination projects using electric power produced from ....
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EGPC inks deal with US oil Corp Chevron on technical cooperation
Date: 2020-02-12 15:00:40 GMT - Egypt - Economy - SN:54 - ID:8309149
CAIRO, Feb 12 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla witnessed on Wednesday the signing of a deal between the Egyptian General Petroleum Corporation (EGPC) and US oil giant Chevron Corporation on trade and technical ....
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Bechtel hails atmosphere of oil investment in Egypt
Date: 2020-02-12 14:51:57 GMT - Egypt - Economy - SN:53 - ID:8308982
CAIRO, Feb 12 (MENA) - Minister of Petroleum Tareq El Molla discussed on Wednesday with CEO of US Bechtel Corporation Brendan Bechtel the activities of the company in Egypt especially oil projects topped by the refinery and petrochemical project ....
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All EGX indexes down, benchmark declines 1.17 pct
Date: 2020-02-12 14:45:29 GMT - Egypt - Economy - SN:52 - ID:8309069
CAIRO, Feb 12 (MENA) - The Egyptian Exchange (EGX) indexes went down collectively at the close of Wednesday's trading, amid sales by local and foreign institutions. The market capital lost about EGP 6.2 billion, registering EGP 700.1 billion, ....
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Banque du Caire increases capital by 133 percent
Date: 2020-02-12 14:14:14 GMT - Egypt - Economy - SN:51 - ID:8308946
CAIRO, Feb 12 (MENA) - The Egyptian Stock Exchange on Wednesday announced an increase in the capital of Banque du Caire by 133 percent or around three billion pounds to reach 5.25 billion pounds. A statement by the bourse indicated that the ....
