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  • CNPC says Iraq's Halfaya oilfield in operation

    CNPC says Iraq’s Halfaya oilfield in operation

    State-owned China National Petroleum Corp said the first phase of Iraq's Halfaya oilfield had started operating and had a production capacity of 100,000 barrels per day.

    June 18, 2012 11:25
  • Arab-monetary-fund-in-65-million-loan-to-Egypt

    Arab monetary fund in $65 million loan to Egypt

    The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt to help the country trade with other Arab states, as political instability threatens Cairo with a balance of payments crisis.

    June 18, 2012 10:41
  • commodities

    Egypt’s GASC says has 6-month wheat supply

    Egypt's state wheat buyer said on Wednesday it had purchased six months' supply from local and international sources and was looking to issue a new international wheat tender for delivery in the start of August.

    June 13, 2012 5:56
  • EFG-QInvest tie-up

    EFG Hermes says QInvest deal is legally binding

    A tie-up between Egyptian investment bank EFG Hermes and Qatar'sQInvest, approved by EFG shareholders on June 2, is legally binding and can only be reversed through legal action, EFG said on Tuesday.

    June 12, 2012 5:46