Egypt
Current and comprehensive mining and industrial, market data and investing news in Egypt.
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Energy
Egypt in talks over plan to sell surplus power to Europe, Africa
Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of…
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Product & Services
The strongest link is local: Africa must support African supply chains to unlock sustained economic growth
The current Covid19-related economic challenges both locally and throughout Africa starkly highlight the need for pan-African companies and governments to…
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Exploration & Development
Exxon acquires over 1.7 million exploration acreage offshore Egypt
Exxon Mobil Corp said on Monday it had acquired more than 1.7 million acres for exploration offshore Egypt, strengthening its…
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Business
Egypt, Israel agree on $500 million fine to end gas dispute
Egypt reached a settlement agreement with state-owned Israel Electric Corp. to pay a reduced fine for halting deliveries of natural…
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Metals
Egypt imposes temporary duties of 15 pct on iron billets, 25 pct on steel rebar
Egypt has imposed temporary import fees of 15 percent on iron billets and 25 percent on steel rebar for 180…
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Exploration & Development
Total CEO committed to Cyprus exploration and considering petrochemicals in Egypt
Total is committed to continuing its exploration work in Cyprus, Chief Executive Patrick Pouyanne said on Monday, part of a…
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Aton announces repayment of bridge loan and exercise of warrants
Aton Resources Inc. (AAN: TSX-V) is pleased to announce the repayment of the Company’s bridge loan with OU Moonrider (“Moonrider”),…
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Future of Mining
Minister of Petroleum: Amend some articles of the law of mineral wealth to achieve appropriate returns
Minister of Petroleum and Mineral Resources Tariq Al-Mulla said during his meeting with members of the American Chamber of Commerce…
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