Economy - Wikipedia Commons
The decree stipulates that 15 percent of the project’s sales to the benefit of Dakahlia governorate.
Investment by foreign oil firms in Egypt rose to $8.1 billion in 2016-2017 from $6.6 billion a year earlier, Petroleum Minister Tarek El-Molla told Reuters.
State-owned oil and gas services company will start second phase of their work on Zohr field next week.
In a meeting with Minister of Investment Sahar Nasr, Ashmawy reviewed his plan to develop Qanater Barrages to attract tourists.
Gross profit fell 16.6 percent year-on-year to LE 473.3 million in Q2 of 2017, yielding a gross profit margin of 11.3 percent.
The Egyptian Exchange (EGX) saw a mixed performance on Wednesday for the third session in a row.
Revenues fell to LE 1.76 billion in the first six months of 2017 compared to LE 1.78 billion in the first six months of 2016.
Sahar Nasr reviewed on Wednesday with Egyptian Exchange (EGX) Chairman Mohamed Farid Saleh a plan for developing securities market.
The license will enable Pharos to expand its services in a way that helps its clients and their long-term investment plans.
Egypt's foreign reserves jumped by $4.73 billion in June to $36.04 billion.
Under the agreement, Amer Group will convert and transfer a part of its issued capital into global depository receipts (GDRs).
Profit at petrochemicals, metals and fertilizer conglomerate Industries Qatar shrank 47 percent from a year earlier in the second quarter of 2017.
Egypt’s crude oil exports grow 53.7% in May
Fertilizer exports hiked 82.6 percent to reach $74.8 million in May 2017, up from $41 million in May 2016.
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