One of the most prominent cases against the business tycoon involves exporting natural gas to Israel below market rates, resulting in losses to Egypt.
04.05.2015
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News by
Ahram Online
Earlier this month, the government signed a $400 million loan with the Bank for a pension welfare project which currently benefits 1.5 million poor Egyptian families.
24.04.2015
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News by
Ahram Online
The deal to supply the products was agreed last year.
18.04.2015
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News by
Hellenic Shipping News
Rising consumption and falling production has turned the country from an energy exporter to a net importer.
15.04.2015
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News by
Ahram Online
The investment is part of a wider plan by the petroleum ministry to raise the domestic production of refined oil following an energy crunch that has lasted more than four years.
10.04.2015
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News by
Ahram Online
A well was drilled in the end of January and tests showed that it has layers of hydrocarbons.
05.04.2015
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News by
State Information Service
Hoegh signed a five-year contract with Egypt in November 2014 to provide the import terminal and the country has since agreed to a number of LNG import deals.
03.04.2015
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News by
Ahram Online
Egypt spent 44.8 billion Egyptian pounds on fuel subsidies in the first half of the current fiscal year.
31.03.2015
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News by
Business Report
Petrochemicals firm posted annual net profits of LE996.6 million for the year ended in December, down from LE1.3 billion the previous year.
30.03.2015
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News by
Ahram Online
PTT bought the stake in EMG for $487 million.
27.03.2015
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News by
Reuters Africa
Mashreq aims to take in a foreign partner to cover 40 per cent of the expenses of the second phase.
22.03.2015
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News by
Trade Arabia
MOPCO is third biggest nitrogen producer globally
22.03.2015
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News by
Daily News Egypt
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply.
19.03.2015
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News by
Daily News Egypt
Egypt has been slow in developing its own sizable gas resources and is seeking numerous import options.
19.03.2015
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News by
Reuters
Russian firm Gazprom will start deliveries of liquefied natural gas in the second half of 2015.
18.03.2015
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News by
Ahram Online
Eni initiatives in the country are distributed in areas of the Gulf of Suez, in the western desert and Mediterranean offshore.
17.03.2015
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News by
ANSAmed
Ahram Online follows day two of the EEDC; Suez development project to cover 500 square kilometres and include three major economic zones.
15.03.2015
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News by
Ahram Online
Egypt is beginning LNG imports from April with roughly 31 cargoes due this summer at price premiums to Europe.
12.03.2015
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News by
Ahram Online
BP announced its new discovered well is estimated to contain more than 5 trillion cubic feet.
10.03.2015
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News by
Ahram Online
Egypt extended the deadline for 2 months so companies can better evaluate the concessions.
10.03.2015
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News by
Business Report
