stock market | Egypt Oil & Gas
AMOC Invests $800m for Production Increase
Alexandria Mineral Oils Company (AMOC)’s CEO, Amr Mostafa, stated to Egypt Oil&Gas that AMOC plans to increase it production for this year after signing a contract with French Axens Group. The company aims t...
AMOC to Offer Shares on Stock Market
The Chairman of Egypt’s Alexandria Mineral Oils Company (AMOC), Amr Mostafa, said that the company plans a secondary offering of 10-20% of its shares on the Cairo stock market and will also issue 10% a global deposit...
Saudi Forging Ahead with Industrial Projects Despite Stock Declines
United Arab Emirates stock markets slid in early trade on Sunday in response to further weakness in oil prices, reported Reuters. Nonetheless, analysts were confident the UAE could weather the storm because of its eco...
Oil Price Decline Prompts Saudi OSP Price Rethink in September
Saudi Arabia is expected to raise prices for its crude exports to Asia in September due to a stronger Dubai benchmark, traders and analysts told Reuters. At the same time they cautioned that Saudi Arabia was unlikely ...
Siemens-Built Electricity Projects to Go Public on EGX
The Egyptian government plans to list three companies with electricity projects that have a total capacity of 13,000 Megawatts, according to daily business newspaper Al Borsa. The shares that will be offered in the st...Page 1 of 1
