Tag: Egypt
Emerging Markets Features

Abraaj Capital and OPIC agree on joint venture

North Africa PostComments Off on Abraaj Capital and OPIC agree on joint venture

As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]
Egypt Features Headlines

Egypt: 11 billion dollars for extraction project of natural gas

North Africa PostComments Off on Egypt: 11 billion dollars for extraction project of natural gas

A recently concluded meeting between Egypt’s president, some government officials and delegates from the British Petroleum on an extraction project of natural gas from a deep water deposit in the Mediterranean basin at a depth of 7,700 meters calls for an investment of billions of dollars. 11 billion dollars will be invested by BP in […]