Apache Corp, Dana Petroleum and Merlon International will explore for oil in Egypt's western desert under deals signed with the government, state news agency MENA reported.
Apache and Dana will drill five exploratory wells in the region east of (...)
Kuwait's MA Kharafi Group has announced that its $2 billion Port Ghalib project in Egypt will have a total of 23 internationally renowned chain of hotels by the end of the second phase.
Currently there are four already operating hotels including (...)
Egyptian carpet maker Oriental Weavers (ORWE.CA) is negotiating to raise prices on some of its contracts with European importers following the euro's tumble against other currencies this year, the company said.
The euro hit its lowest point since (...)