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Egypt

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Greece woos Egyptian leader after huge gas discovery

09/12/2015(0)
Greece‘s political and business leaders promised to expand trade deals with Egypt during meetings Tuesday with the country’s leader, President Abdel-Fattah el-Sissi, following a massive offshore natural gas discovery ... Read More
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Egypt expects $1.5 billion in aid by year-end; President in Greece for energy

08/12/2015(0)
Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by year-end to support the budget and could discuss potential IMF financing once parliament convenes, ... Read More
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Egypt can’t rely on cash-strapped Saudi Arabia

05/11/2015(0)
Egypt is running low on cash. And this time, oil-rich friends like Saudi Arabia may not be able to come to its rescue. Egypt‘s lack of cash is threatening ... Read More
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What Gigantic natural gas discovery in Egypt’s coast promises means

03/09/2015(0)
Huge offshore gas field could end Egypt’s fuel crisis, but will take years to develop The discovery of a huge gas field off Egypt’s coast promises to ease a ... Read More
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Italy’s Eni discovers huge gas field off Egyptian coast

31/08/2015(0)
Italian energy group Eni says it has found one of the world’s largest natural gas fields off Egypt’s coast. The company said the area was 1,450m (4,757 feet) beneath ... Read More
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Egypt faces taxing challenge amid its inaction on cutting fiscal deficit

13/08/2015(0)
Egypt’s government in the coming months faces one of its biggest economic challenges since it came to power a year ago: the implementation of the long-planned value-added tax (VAT). ... Read More
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Suez Canal Upgrade May Not Ease Egypt’s Economic Journey

07/08/2015(0)
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic ... Read More
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Egypt signs €8bn power deal with Siemens

04/06/2015(0)
Egypt yesterday signed an €8 billion (Dh33bn) contract with Siemens to increase power generation capacity by 50 per cent, which is expected to provide a boost to the economy. ... Read More
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Cyprus, Greece, Egypt agree to boost economic and political cooperation

29/04/2015(0)
The leaders of Cyprus, Greece and Egypt agreed on Wednesday to augment economic and political cooperation among their respective nations, underlining their commitment to peace and stability in a ... Read More
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Tripartite summit to discuss regional issues, oil and gas

29/04/2015(0)
The heads of state of Cyprus, Greece and Egypt hold talks on the island on Wednesday, followed by a tripartite summit and the signing of the ‘Nicosia Declaration’, a ... Read More
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