First Independent Mena Newspaper
Protesters who had subsequently disrupted operations at the oil port of Zueitina have returned again with claims that their demands for jobs have not been met, according to an engineer at the port. Loading of ships has been blocked and some oil fields prefer pumping water rather than oil to the port as a “precautionary […]
One of the biggest investment bank in Egypt has reported an 18.8 % decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds. EFG Hermes made this announcement in report of its third quarter consolidated financial results. EFG Hermes said its net […]