News
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ISIS Bombed Egypt-Jordan Gas Pipeline
Ansar Beit Al Makdes, an ISIS affiliate, have bombed a main natural gas pipeline in Al Arish area in Egypt’s…
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GUPCO Breaks it’s All Time Production Record
Gulf of Suez Petroleum Co. (GUPCO) announced its success in breaking the company’s all time production record, by increasing its…
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Egypt to Receive $99m Loan from Kuwait
The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have finalized an agreement for a $99m (KWD…
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Orascom Construction Strikes $420m Deal to Develop Power Plants
Orascom Construction announced signing agreements to convert Egypt’s Assiut and West Damietta power plants from simple to combined cycle, an…