Oil firms to restart investment in Iraq
Reuters reports that Baghdad has reached agreement with BP, Shell and Lukoil to restart stalled investment in Iraqi oil fields,...
Business & Economy
More than $14 billion invested in Egypt’s food and non-food franchising sector
In Egypt, franchising has grown significantly over a short time, especially in the fast-food sector. Currently, there are approximately 40...
Egypt approves five oil and gas exploration deals
Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla...
India-Egypt trade exchange hit $3.6 billion in 2015
The total volume of trade exchange between Egypt and India recorded around US$3.6 billion in 2015, Chairman on Cairo Chamber...
Egypt seeks to boost foreign direct investment
The government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment...
Aluminum factory set to open in Lebanon’s Bekaa Valley
Establishment George Dib (EGD) will open a weather strips aluminum accessories factory in the Bekaa this month. Investment in the...
Oil, banking and electricity sectors to be privatized in Egypt
The Egyptian government will target state-owned firms in the banking, petroleum and electricity sectors for the first wave of its...
Egypt signs two agreements worth 69 million euros with French development agency
Egypt’s Minister for International Cooperation Sahar Nasr signed on Tuesday two grant agreements with Agence Française de Développement (AFD) worth...
Qatar Cement and Saudi Samba ink $100 million cement plant deal
A financing deal has been signed between Qatar National Cement Company (QNCC) and Saudi’s Samba Financial Group (Samba), for $100m....
Saudi Arabia implements tax to encourage property development
Recent measures to levy a tax on empty plots of land in Saudi Arabia are intended to kick-start the residential...
The resource of credible, industry-specific updates