Egypt, Toyota Discuss Micro-buses Replacement Plan

• Sunday, 13th October 2019
• by Editorial Team

The Egyptian Prime Minister (PM), Moustafa Madbouly, held a meeting with Toyota Tsusho’s President & CEO, Ichiro Kashitani, and a delegation of firm’s officials, in the presence of the Minister of Investment and I...

Dana Gas to Resume Drilling in Egypt

• Sunday, 28th May 2017
• by Dr. Mahinaz El-Baz

Dana Gas stated that it would resume limited drilling in Egypt after receiving $70m in back-payments from the Egyptian Government, according to The National. Dana Gas received the equivalent of $70m in two payments, o...

Dana Gas Receives $20m Additional Payments from Egypt

• Sunday, 21st May 2017
• by Dr. Mahinaz El-Baz

Dana Gas, the Middle East’s largest regional natural gas company, stated that it has received an initial payment of $50m from the Egyptian government as partial payment of its outstanding receivables. Dana Gas a...

Dana Gas Freezes Egypt’s Investment over Arrears

• Sunday, 12th February 2017
• by Dr. Mahinaz El-Baz

Chief Executive Officer of UAE’s Dana , Patrick Allman-Ward, said that the company will not inject new investments in Egypt because of delays in obtaining payments owed by the government, Reuters reported. The g...