Sunday 22 Dec

ME

Nissan cuts U.S. production amid declining sales
2024/11/26

Nissan cuts U.S. production amid declining sales

Nissan Motor Company's shares dropped on Tuesday following reports that the struggling automaker plans to reduce production at its U.S. facilities. This comes as President-elect...

Minister eases regulations for factories on non-industrial land
2024/11/24

Minister eases regulations for factories on non-industrial land

Minister of Industry and Transport Engineer Kamel El-Wazir affirmed that the status of any factory built on non-industrial land that met the necessary requirements for...

MGC receives World Golf Award as best course in Egypt, Africa
2024/11/24

MGC receives World Golf Award as best course in Egypt, Africa

Madinaty Golf Club (MGC) has made history by winning the prestigious award for the Best Golf Course in Egypt for an unprecedented fourth consecutive year....

IBR eyes production boost in Western Desert, Gulf of Suez
2024/11/20

IBR eyes production boost in Western Desert, Gulf of Suez

Petroleum and Mineral Resources Minister Engineer Karim Badawy met with a delegation from IBR Company, led by Chairman Dr. Mahmoud Dabous. The discussion centered on...

Oil prices decline following China's disappointing stimulus plan
2024/11/11

Oil prices decline following China's disappointing stimulus plan

Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.

QatarEnergy buys 23% of North Dabaa gas field
2024/11/11

QatarEnergy buys 23% of North Dabaa gas field

QatarEnergy has signed an agreement with Chevron to acquire a 23% stake in the North Dabaa (H4) offshore block in the Mediterranean Sea, off the...

Siraj, Honeywell invest $15M in Suez Canal Zone
2024/11/05

Siraj, Honeywell invest $15M in Suez Canal Zone

Prime Minister Dr. Moustafa Madbouly witnessed the signing of an agreement between Siraj Industrial Company and VESRA MEA LLC-FZ, a Honeywell licensee. This partnership will...

International companies bid for Egypt's Mediterranean oil
2024/11/04

International companies bid for Egypt's Mediterranean oil

The Egyptian Natural Gas Holding Company (EGAS) has decided to re-offer the development of the Satis field, located in the North Mediterranean Sea, to international...