We produce 36,000 barrels of oil equivalent in Egypt: DEA AG

We intend to invest $500m over next three years, says DEA AG

Daily News Egypt

Petroleum Ministry to pay more dues to foreign partners before end of FY 2017/2018 

Egypt's Ministry of Petroleum and Mineral Resources' dues to international oil companies were reduced to $2.3bn by the end of last fiscal year (FY) 2016/2017, following the implementation of the…

Daily News Egypt

Zohr reshapes future of gas exploration in Egypt 

Major companies will compete to explore for Egyptian gas in Mediterranean

Daily News Egypt

 Dana Gas receives $164m in arrears from Egypt in 2017

UAE-based company says its total receivable balance fell 14% to $228m

Elsayed Solyman

Women are not obliged to wear abayas: Saudi Mufti

Saudi Mufti Abdullah al-Mutlaq stated on Friday that women are not required to wear abayas, breaking with precedents for regulations of Saudi women dress and causing widespread controversy in Saudi…

Nada Deyaa’

Further fall in inflation paves way for interest rates cut in Egypt: Capital Economics

Current data enough to convince MPC to ease policy at its next meeting

Elsayed Solyman

Israel strikes back after Syria downs F-16 

Israel has struck what it described as Iranian targets inside Syria in raids, in retaliation to the Friday downing of an Israeli F-16 jet. Israel's raids came after it had…

Daily News Egypt

Largest British trade delegation in nearly two decades in Egypt 

UK Trade Envoy to Egypt Jeffrey Donaldson arrived in Egypt on 11 February for a five-day visit, heading the largest British trade delegation in nearly two decades. The visit will…

Daily News Egypt

44% of world’s Bitcoin transactions involve illegal activities: Australian study

A recent Australian study revealed that 44% of the world's bitcoin transactions are used in illegal activities, stating that one out of four transactions involve suspicious activity. This research was…

Nehal Samir