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Eni to finish production tests at North Hammad exploration well this week
Eni has begun production tests at the Bashrush exploration well in the Nile Delta where it recently discovered natural gas,…
Elsewedy Electric extends its stock buyback program to October
Elsewedy Electric is extending its stock buyback program to October, after the board of directors approved last week pushing back…
The death of Egyptian actress Ragaa El Gedawy tops talk show coverage
The death of Egyptian actress Ragaa El Gedawy dominated the airwaves last night. El Gedawy died in hospital yesterday, 40…
Eni makes new gas discovery in Egypt’s Nile Delta
Italy’s Eni has made a new gas discovery after drilling the first well at its North El Hammad exploration block…
EU to provide EUR 24.8 mn grants to renewable energy in Egypt
EU to provide EUR 24.8 mn grants to renewable energy in Egypt: The EU will give Egypt a EUR 24.8…
Egypt discovers gold deposit in the Eastern Desert
A gold deposit estimated to hold over 1 mn ounces was discovered in the Eastern Desert’s Iqat region, the Oil…
Electricity Holding Company seeks EGP 20 bn loan from state-owned, private banks
The Egyptian Electricity Holding Company is in talks with a consortium of undisclosed state-owned and private banks to secure a…
Apicorp issues benchmark USD 750 mn bond
Apicorp issues benchmark USD 750 mn bonds: Multilateral development bank Arab Petroleum Investments Corporation (Apicorp), of which Egypt is a…
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