Egypt fast tracks desalination as GRED fills up

Egypt is pumping neqrly $3bn into desalination project amid worries about the impact of Ethiopia's Renaissance…

Ethiopia begins filling GERD dam

Water levels behind the  Grand Ethiopian Renaissance Dam (GERD ) have begun to rise and the…

Tension mounts over Renaissance dam

Ethiopia has alarmed Egypt and Sudan by deciding to start filling the Renaissance dam before signing…

Rosneft buys stake in giant Zohr field

Russian energy major Rosneft is to pay Italy’s Eni $1.125bn for a 30% stake in Egypt’s…

Eni sells Zohr stake to Rosneft and gives Qatar a foothold in the Med

Just weeks after snapping up the Russian government’s stake in Bashneft for around $5bn and days…

Egyptian economy larger than South Africa’s, says IMF report

The depreciation in the rand has seen Egypt overtake South Africa as the second largest economy…

Saudi Arabia and Egypt revive $4bn Red Sea causeway project

Saudi Arabia and Egypt are planning to build a giant causeway across the Red Sea  connecting the Sinai…

Russia grounds Boeing 737s

Russia grounds Boeing 737s : Russia’s airline regulator, the Interstate Aviation Committee (IAC), said  it was suspending…

Egypt eyes up Russia’s Mistral helicopter carriers

Egypt may end up buying the two Mistral helicopter carriers that were originally destined for Russia,…

Eni discovers ‘supergiant’ gas field off Egypt

The Italian energy company Eni has discovered a “super giant” natural gas field off the Mediterranean coast of…

Rosneft to supply EGAS with LNG

The Russian oil company Rosneft has agreed to source and export 3.5m tons of LNG to the Egyptian…

Putin in Cairo to discuss nuclear power, manufacturing and aerospace

Putin in Cairo: Bilateral trade , as well as geopolitics, is on the agenda for President Putin and…

Egypt and Gazprom close to signing LNG deal

Egypt and Gazprom: Egyptian officials are close to finalising a deal with Russia’s Gazprom for the…

Egypt and EEU close to free trade agreement

Egypt and the EEU could conclude a free trade agreement in the near future, according to Georgy Petrov, Vice…

Egypt approaches Avotvaz over joint projects

Egypt approaches Avotvaz: The Government of Egypt has asked AvtoVAZ if it would be interested in participating…

VimpelCom sells Djezzy Algerian subsidiary stake

VimpelCom sells Djezzy: Mobile operator VimpelCom has sold 51% of its stake in its Algerian counterpart…

$2b Russian Egyptian defence deal signed

A Russian Egyptian defence deal covering the sale of up to $2bn worth of military equipment…