National Bank of Kuwait.Egyptian economy post robust recovery

The National Bank of Kuwait ha just reported that the Egyptian Economy has made a significant recovery thus far in the first quarter of the 2010 fiscal year. The growth of local production coincided with the improvement of main economic indicators has been credited as the reasoning for such an efficient...

Egypt. Foreign investments in oil exploration hit $16.2 billion

The first oil field was first discovered in Egypt in 1869 and it began production in 1910. In the building stage for oil exploration, the major operator was Anglo-Egyptian Oil Fields. Anglo-Egyptian Oilfields was a joint venture that controlled operation up to 1964 in which the Oilfields were...

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