Egypt

CAIRO, Aug 30 (Reuters) – Egypt’s finance ministry has put in place a package of measures to clear a backlog of goods piled up in port, a

by Sameh El-Khatib  (Reuters) King Khufu’s Boat, an ancient vessel that is the oldest and largest wooden ship discovered, has been painstakingly moved

By Salma El Wardany (Bloomberg) — Egypt is set to boost exports of liquefied natural gas by restarting one of its two production plants. The Damietta

CAIRO, April 18 (Reuters) – Egypt will keep ports running for 24 hours a day, up from 16 currently, to cut “long waiting times” for

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its

By Salma El Wardany (Bloomberg) — Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and

By Salma El Wardany (Bloomberg) — Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this

NANTES, France, Sept 16 (Reuters) – Egypt took delivery of a second French Mistral helicopter carrier on Friday, part of a $1 billion deal signed last

By Christian Wienberg (Bloomberg) — The top-ranked analyst covering A.P. Moeller-Maersk has turned bullish on the stock. Investors who listened to Frans

  By Maher Chmaytelli (Bloomberg) — Egypt plans to keep all the natural gas produced at a giant field Eni SpA found off its Mediterranean coast to

  By Ari Rabinovitch and Eric Knecht JERUSALEM/CAIRO, Aug 31 (Reuters) – Egypt’s historic gas discovery threatens to sink Israel’s

    By Anthony DiPaola (Bloomberg) — Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company

  By Drewry Shipping Consultants The impressive ‘New Suez Canal’ project will improve capacity, transit times and reduce delays, not least because it

Here is a new time-lapse video from Maersk Line showing a transit of the New Suez Canal, an adjacent waterway that now allows vessels to pass each other

Egyptian President Abdel Fattah al-Sisi signed an order on Thursday allowing ships to pass through the New Suez Canal. The $8.5 billion

  By Ahmed Feteha and Tarek El-Tablawy (Bloomberg) — Egypt unveiled an $8.5 billion expansion to the Suez Canal on Thursday, the first of a series

  CAIRO, Aug 5 (Reuters) – Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a

  By Ahmed Feteha (Bloomberg) — The Suez Canal took 10 years to build and cost thousands of workers their lives. When planners suggested three years

  By Eric Knecht ISMAILIA, Egypt, July 29 (Reuters) – Egypt has finished building its New Suez Canal, its overseer said on Wednesday, a project