Tag: Egypt

Gaza truce hangs by a thread as Hamas halts hostage exchange

businessnewstoday- November 26, 2023

In a dramatic turn of events, Hamas announced on Saturday the suspension of a crucial hostage exchange under the ongoing four-day truce with Israel. The ... Read More

Shell Egypt announces promising gas discovery in North East El-Amriya Block

businessnewstoday- November 23, 2023

Shell Egypt has successfully completed the drilling of the first well in its exploration campaign, Mina West, located in the North East El-Amriya block in ... Read More

Unyielding combat: Israeli forces continue bombardment on Hamas amidst global outcry

businessnewstoday- November 5, 2023

In a night of tumult and terror, an Israeli airstrike targeted a refugee camp in central Gaza, leading to the loss of over 30 lives, ... Read More

East Damanhur block : Wintershall Dea draws first gas from ED2-X well in Nile Delta

businessnewstoday- November 1, 2023

Wintershall Dea, in collaboration with its partners Cheiron Energy, INA, and the Egyptian Gas Holding Company (EGAS), has successfully begun gas production at the ED2-X ... Read More

Horrific collision on Cairo-Alexandria road in Egypt: Death toll rises to 35

businessnewstoday- October 28, 2023

In a spine-chilling turn of events on Saturday, a nightmare unfolded on the Cairo-Alexandria desert road in Egypt's Beheira governorate. State media paints a blood-curdling ... Read More

Shocking error: Israeli tank misfires at Egyptian border post amid Gaza conflict

businessnewstoday- October 23, 2023

In a shocking turn of events, an Israeli tank mistakenly targeted and struck an Egyptian post near the tense Gaza border. The Israeli military confirmed ... Read More

Massive strike in Gaza: 500 Palestinians reported dead after hospital bombing

businessnewstoday- October 18, 2023

In a staggering incident, the Gaza health ministry states that Israeli airstrikes obliterated the Ahli Baptist Hospital, leading to a death toll crossing 500 Palestinians. ... Read More

Kom Ombo Solar Project : ACWA Power secures $182m for 200MW Egyptian plant

businessnewstoday- August 31, 2023

ACWA Power, a leader in the global energy transition and the world's largest private water desalination company, has announced the financial close for its Kom ... Read More

Egypt’s DISOUCO JV sets benchmark in emission reduction with zero routine flaring

businessnewstoday- August 1, 2023

Wintershall Dea, in collaboration with its partner, the Egyptian Natural Gas Holding Company (EGAS), has reached a historic milestone by achieving zero routine flaring at ... Read More

Centamin, Egyptian Ministry of Petroleum set to bolster mining sector with new agreement

businessnewstoday- July 23, 2023

In a significant development for the mining industry in Egypt, Centamin has announced that the Model Mining Exploitation Agreement (MMEA) framework has been agreed in ... Read More