GASCO studies new projects worth of $620m
Egyptian Natural Gas Company (GASCO) studies launching new petrochemical projects worth of $620m.
According to the Ministry of Petroleum’s statement, GASCO studies transferring Raven field...
BG Raises Output Forecast in Boon for Shell as Deal Nears
Bloomberg: BG Group Plc raised it’s output forecast in a boost for Royal Dutch Shell Plc, which agreed to buy the U.K.’s third-biggest oil...
Suez Canal attracts gulf companies
by Maye Kabil
Although the new lane of Suez Canal was financed only by Egyptians and implemented mainly by Egyptian companies as promised on the...
UK factory activity falls ‘at fastest pace for three years’
Activity among UK manufacturers contracted at its fastest pace for three years in July, according to a closely watched survey.
The Markit/CIPS manufacturing purchasing managers’...
Unhealthy chocolate
Consumer Protection Agency forces chocolate importer companies to withdraw brands off-shelves
In the framework of efforts exerted by the Consumer Protection Agency to protect consumers...
German business morale dips in April!
German business morale unexpectedly dipped in April, a survey showed on Monday, with global growth concerns prompting firms to tone down a generally optimistic...
East Africa interconnected by the Madaraka Express
Nairobi, After three years of construction, Kenya launched the
Madaraka Express, its high speed railway connecting the port city of
Mombasa to the capital of Nairobi....
Converting the PP9 power plant in Saudi Arabia to a combined cycle facility
State utility Saudi Electricity Company (SEC) has shelved the project to convert the PP9 power plant in Saudi Arabia to a combined-cycle facility. The...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...