Mercedes-Benz in initial talks to return to Egyptian markets following 2-year hiatus

“has succeeded in initial talks” with Mercedes-Benz officials to bring the international automobile manufacturer back to Egypt following a two-year halt, the head of...

IBM announces Major block chain solution to speed global payments

IBM has announced a new block chain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce...

Amazon Web Services will lose money on $6.6 billion

Amazon’s cloud computing business is growing fast and will grow from $4.6 billion in revenue in 2014 to $6.6 billion in 2015 and $9.2...

Sharm El-Sheikh’s 2017 Africa Conference opens the gate for the wealth of the continent’s...

Last week, Sharm el-Sheikh hosted the 2017 Africa Conference, marking the second session of the conference for the second consecutive year after the Africa...

Emaar plans first Vida hotel project in Egypt

UAE-based Emaar Hospitality Group is set to develop Vida Marassi Marina, a major leisure development with 120 hotel rooms and suites offering a refreshing;...

Tarek Amer named Central Bank Governor of the Year 2017

News Agencies, Governor of the Central Bank of Egypt Tarek Amer was named Central Bank Governor of the Year for Middle East and North...

GE subsidiary wins project in Egypt’s Zohr Gas Field

In a signing ceremony hosted by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company announced a...

GE, Siemens offers to upgrade Egypt’s railways

Investment and International Cooperation Minister Sahar Nasr and Transport Minister Hisham Arafat discussed with senior officials of General Electric (GE) and Siemens their offers...

El Molla Inspects Dahshur Gas Compressor Station’s Expansion Work

Minister of Petroleum and Mineral Resources Tarek El Molla has inspected the progress of work in the new interchange control center for...

Quincey named new Coca-Cola CEO

The Coca-Cola Company has appointed James Quincey, the president and chief operating officer, as the group's new chief executive officer starting from May next...
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Latest article

El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez

Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...

ETHDCO achieves 109% of its production plan

Eng.  Tarek El Molla, Minister of Petroleum and Mineral Resources, witnessed via video conference the General Assembly meeting of the Egyptian Company...

Eng. El-mulla witnessed ENNPI’s General Assembly and approved business result of FY 2023

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed that the vision of development and modernization launched by the Ministry...