Libya resumed production at the key Waha oilfield last week bringing overall production to 580,000 barrels per day, a senior Libyan oil official said on Tuesday.
- Wednesday, 05 October 2016 11:33
Britain's Barclays has completed the sale of its Egyptian business to Morocco's Attijariwafa Bank as part of its shift towards focusing on the United States and Britain.
- Tuesday, 04 October 2016 10:50
China Fortune Land Development (CFLD) has signed a deal to develop and manage 14,000 acres (5,700 hectares) of Egypt's new administrative capital at a cost of $20bn, the Egyptian cabinet said in a statement on Monday.
- Wednesday, 28 September 2016 10:46
Morocco has signed an agreement that Boeing will seek to attract its suppliers to boost the kingdom's aeronautics industry.
- Monday, 26 September 2016 16:23
Egypt hopes to attract $10bn in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting efforts to revive the economy and earn much-needed hard currency.