Egypt has agreed a liquefied natural (LNG) supply deal with British oil major BP through 2015 and 2016, but...

Egypt has allocated 61 billion EGP ($8 billion) for fuel subsidies in the draft of 2015/2016 fiscal year budget,...

The Egyptian Resorts Company (ERC) signed a 27-year contract with KarmSolar company to construct a 2 MW solar station...

Saudi Arabia is likely to bridge its widening fiscal gap by resorting to domestic borrowing in the near future,...

Official prices for Nigerian crude have hit their lowest in at least a decade as a nagging oversupply of...

Nigeria’s new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy program and...

Bahrain Petroleum (Bapco) has announced the successful completion of the first ISO 14001 surveillance audit for its Environmental Management...

The biggest stated-run bank, National Bank of Egypt has agreed to secure $91 mn finances for one the private...

Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas...

Sharjah-based gas company Dana Gas announced Sunday it will discuss collection of receivables in Egypt and Kurdistan in the...