Latest in Tag: foreign companies Highlight
Latest in Tag: foreign companies
Petroleum Ministry to repay part of its dues to foreign partners in May
The ministry will complete the repayment of its dues after receiving the third tranche of the World Bank and AFDB loans, sources said
ETAA settles disputes with foreign companies, restores $4.750m for members
The number of companies still prohibited to be dealt with due to not paying dues reached 79, most of which are from the European market
Repatriating profits of foreign companies pushes Egyptian pound down against US dollar
The price of the national currency saw devaluation on Wednesday, reaching EGP 17.8201 for buying and EGP 18.1659 for selling against the US dollar. The price on Tuesday stood at EGP 17.6749 for buying and EGP 18.0619 for selling. The price of the greenback has been increasing since Sunday, winning about EGP 0.13 since. The …
Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum
$3.8bn investments of BP in Atul field for producing 300m cubic feet of gas in December 2018
Ministry of Petroleum negotiates supply of 12 LNG shipments with foreign companies
Two additional shipments will be imported monthly during H2 of 2016, says El Molla
Syria ranked most established companies with 126 companies, Saudi Arabia second with 84 companies and Jordan follows in third with 32 companies
Service sector attracts most investments, while tourism is the least attractiveÂ
Programme to transfer profits of foreign companies operating in Egypt abroad promotes confidence in economy
CBE coordinates with international institutions to export share of production, experts demand raising competitiveness of Egyptian economy, currency reform
Government to contract foreign companies to increase energy yield
The Ministry of Electricity and Renewable Energy is pursuing contracts worth $7.5bn  to add a capacity factor of 6,750 MW to Egypt’s electrical grid
Tourism investors face obstacles in Egypt
Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman
Dana Gas daily production in 2014 was 40,000 barrels of oil
Company’s CEO describes the latest development as “game-changing”
Dues to foreign companies increase by $300m
Dues to foreign companies operating in the oil sector have increased by $300m, while the government’s inability to pay such an amount – even as it repays small portions of its debt – has lead to an accumulation of the total debt to an estimated $6bn. The value of the foreign partner’s share, crude gas …