Latest in Tag: production Highlight
Latest in Tag: production
UKâs BG Groupâs CEO quits, firm warns on production
Reuters – BG Groupâs chief executive resigned on Monday as the British oil and gas major said production would be at the lower end of its target range this year due to problems in Egypt. The board said it accepted the resignation for personal reasons of Chris Finlayson after just 16 months in the job. …

Energy shortage behind hike in cement prices: Cabinet
Ministry of Environmental Affairs will study the âmixture of energy sourcesâ used in Europe in cement production.

Dana Gas annual revenues climb to AED 2.39bn
Compared to 2012, gross revenues increase by 8%, net profits down by 5%

Luxor film festival symposium turns sour
This Luxor film festival symposium discussed a touchy subject for some, making it difficult to exchange knowledge.

EIPR announces support for Iron and Steel workers’ demands
Workers are demanding 16 monthsâ worth of profit-share owed to them

Suez Cement tackling energy supply deficiency: General manager
The company is in current negotiations with the government to reach an energy supply agreement.

RWE Dea: A new gas producer in Egypt
With a seven-gas-fields project, the company aims to produce 4 million cubic metres per day.

Military beefs up security ahead of protests
Extra security measures being taken to protect vital institutions, roads and prisons

Foreign reserves increase to $16.04bn
Analysts say increase is âtemporaryâ

Morsi: No more wheat imports within four years
Morsi pointed that the primary goal is to stop importing wheat in four years.
Investors Union: around 1500 factories are facing grave difficulties
A recent report conducted by the Investors Union stated that approximately 1500 factories in Egypt have either closed or are operating at reduced capacity

TransDance explores theory alongside practice with panel
The panel then took to examining the idea of cultural and artistic exchange and the role of embassies, with many representatives from cultural institutes and embassies present, and how culture is a representation of a certain country to another.
Islamic finance to the rescue for EGPC
Egyptian General Petroleum Company receives EGP 14 billion to address fiscal crunch

iPhone 5 sales top five million in first weekend
iPhone 5 breaking sales records
New fiscal measures to address state budget deficit
By Islam Zayed and Mohamed Abdel Monsef The Government has prepared a new bundle of legislation aimed at increasing national revenue and alleviating budget strain. The legislation is scheduled to be enacted by year’s end. The Ministry of Finance (MOF) will enact further legislation to collect overdue taxes. The new bill resembles the tax payment …

Morsy to visit China
Syria, Palestine and strengthening economic ties the foci of the visit