Category: ECONOMY
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Crete becomes the Silicon-Island of high technology R&D
On the 30th of June 2016, KALEAO Ltd, a high-tech start-up company based in Cambridge, UK, inaugurated their new development centre within the FORTH – Foundation for Research and Technology – Hellas research centre in Crete. FORTH (in Greek: ITE) is one of the largest research centers in Greece with modern facilities, highly qualified personnel, and a reputation as…
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Egypt Government Approves Five Oil And Gas Exploration Deals
Egypt’s government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla said on Wednesday. Once an energy exporter, Egypt has turned into a net importer because of declining oil and gas production and increasing consumption. It is trying to speed up production at recent discoveries to…
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Greece is the fourth largest European investor in Egypt: Greek ambassador
Greek ambassador to Egypt Christodoulos Lazaris is ending his mission to Egypt after serving a six-year term. Lazaris has contributed greatly to the development of Greek entrepreneurship and commercial bilateral relations between the two countries and worked vigorously to achieve the historic tripartite summits between Greece, Egypt, and Cyprus. He also worked closely with the…
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Egypt Government Approves Five Oil And Gas Exploration Deals
Egypt’s government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla said on Wednesday. Once an energy exporter, Egypt has turned into a net importer because of declining oil and gas production and increasing consumption. It is trying to speed up production at recent discoveries to…