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Mahmoud Shaaban

Egypt News

Egypt signs MoU with Kuwait Energy for capacity building programme: EGYPS

Mahmoud Shaaban Feb 22, 2023 0
Egypt’s Ministry of Petroleum has signed a MoU with Kuwait Energy Egypt to provide capacity buildings for operation…
Featured

Kuwait Energy signs concession deal for Borg Al Arab in Egypt’s Western Desert

Mahmoud Shaaban Feb 22, 2023 0
Kuwait Energy and the Egyptian General Petroleum Corporation (EGPC) have signed a concession agreement to pump new…
Featured

ExxonMobil wins exploration rights offshore Egypt

Mahmoud Shaaban Jan 10, 2023 0
U.S. Oil and energy company ExxonMobil announced on Tuesday it had secured exploration rights to two blocks…
Featured

Toyota Tsusho discussing plan for blue ammonia production in Egypt

Mahmoud Shaaban Aug 15, 2022 0
A delegation from Japan’s Toyota Tsusho Corp has arrived in Egypt on Monday to share initial results of a study to…
Featured

Egypt, Eni’s Ieoc sign deal for energy transition, clean energy projects

Mahmoud Shaaban Jul 4, 2022 0
Egypt has signed on Monday a memorandum of understanding (MoU) with Eni’s Ieoc Production B.V. to boost bilateral…
Featured

Wintershall Dea sells oil concession in Egypt to focus on natural gas production

Mahmoud Shaaban Feb 3, 2022 0
German oil and gas company Wintershall Dea announced on Thursday it had divested a stake in a Gulf of Suez oil…
Tech/AI

Hitachi to connect Gulf of Suez wind farm with Egypt national power grid

Mahmoud Shaaban Jan 19, 2022 0
Hitachi Energy, formerly Hitachi ABB Power Grids, is delivering to Vestas a grid integration solution to connect…
Featured

Egypt, Apache ink $3.5bn oil and gas deal in Western Desert

Mahmoud Shaaban Dec 28, 2021 0
Egypt signed on Monday an agreement with Apache for oil and gas exploration in the Western Desert.
Featured

Women make up 45% of Egyptian Atomic Energy Authority staff

Mahmoud Shaaban Dec 15, 2021 0
Women make up 45 percent of the Egyptian Atomic Energy Authority (EAEA) staff, said an official on Wednesday.
Featured

Egypt, Israel sign deal sign MoU to increase gas supplies, hydrogen transport

Mahmoud Shaaban Nov 25, 2021 0
Egypt and Israel have signed on Thursday a memorandum of understanding to potentially increase natural gas supplies…
Featured

Toyota Tsusho signs deal for blue ammonia production in Egypt

Mahmoud Shaaban Sep 14, 2021 0
Japan’s Toyota Tsusho Corp has signed on Tuesday an agreement with state-run Egyptian Petrochemicals Holding…
Money

Egyptian Electricity Transmission Company signs EGP 4 bln loan deal with NBE-led…

Mahmoud Shaaban Aug 23, 2021 0
State-run Egyptian Electricity Transmission Company (EETC) has signed on Monday a syndicated loan agreement worth…
Featured

Canada’s Barrick Gold signs deals to explore for gold in Egypt for first time

Mahmoud Shaaban Jul 27, 2021 0
Egypt has signed four new gold exploration contracts with Canadian miner Barrick Gold Corp, Ministry of Oil said in…
Featured

Egypt signs four new gold exploration deals

Mahmoud Shaaban Jul 12, 2021 0
Egypt has signed four new gold exploration contracts with Australia's Centamin and Canada's B2Gold, Ministry of Oil…
Featured

DEME-led consortium submits feasibility study for green hydrogen production project in…

Mahmoud Shaaban Jun 16, 2021 0
The Belgium consortium of infrastructure players DEME, Fluxys, and the company running the Port of Antwerp along…
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Saudi Arabia’s ACWA Power signs final agreements for Egypt 200 MW solar project

Mahmoud Shaaban Apr 7, 2021 0
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has signed final agreements related to…
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Egypt to achieve self-sufficiency in petroleum products by 2023; says minister

Mahmoud Shaaban Mar 15, 2021 0
Egypt will be achieving self-sufficiency in petroleum products - gasoline and diesel - in 2023, after the success…
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Egypt awards 4 companies, including Sawiris-backed AKH Gold, concessions in mining bid…

Mahmoud Shaaban Feb 18, 2021 0
Egypt has on Wednesday awarded 17 exploration blocks to four companies in an international bid round for gold…
Featured

11 companies won gold exploration bid in Eastern Desert, Minister

Mahmoud Shaaban Nov 19, 2020 0
11 mining companies won a gold ore exploration bid on an area of about 170 km2 in the Eastern Desert and the Red…
Tech/AI

Egypt Upstream Gateway a remarkable step towards attracting more investments, minister

Mahmoud Shaaban Oct 27, 2020 0
The Egyptian Minister of Petroleum, Tarek El-Molla, met with the executive committee of Egypt Upstream Gateway…
Industry & Trade

Egypt keeps fuel prices on hold for 3 months

Mahmoud Shaaban Oct 8, 2020 0
Egypt’s fuel price Egypt’s fuel price indexation committee, decided to keep fuel prices unchanged.committee,…
Featured

Egypt to pump EGP 60.6bn investments into oil, natural gas sectors during FY20/21

Mahmoud Shaaban Sep 13, 2020 0
Egypt seeks to pump 60.6 billion Egyptian pounds investments into the development of the petroleum, natural gas,…
Featured

Egypt to deliver natural gas to New Valley – minister

Mahmoud Shaaban Aug 24, 2020 0
Egypt will deliver natural gas to the New Valley governorate through using compressed natural gas (CNG) technology,…
Tech/AI

Egypt signs 12 oil, gas exploration agreements with $1bn investments

Mahmoud Shaaban Jun 21, 2020 0
Egypt signed 12 agreements with major international companies for oil and gas exploration in the eastern and…
Tech/AI

Egypt fixes factories electricity prices for 5 years

Mahmoud Shaaban Jun 9, 2020 0
Egypt electricity ministry has decided to fix the prices of medium- and high-voltage electricity  consumption for…
Industry & Trade

Egypt waives EGP 5.3 bn-worth of natgas arrears owed by factories

Mahmoud Shaaban Jun 4, 2020 0
Struggling state-owned and private sector factories will not have to pay 5.3  billion Egyptian pounds in overdue…
Money

Petrotrade inks e-payment service deal with Banque Misr

Mahmoud Shaaban May 6, 2020 0
Petroleum Trading Service Co. (Petrotrade) signed an agreement with Banque Misr to cooperate in developing…
Featured

Egypt says security officers at Magdi Yacoub Heart Foundation test negative for…

Mahmoud Shaaban Apr 9, 2020 0
Egyptian health authorities on Thursday said three security officers at Magdi Yacoub Heart Foundation suspected of…
Industry & Trade

Natural gas accounts for 21% of Egypt 2019 GDP growth – minister

Mahmoud Shaaban Feb 29, 2020 0
Natural gas sector accounted for around 21 percent of Egypt’s last year economic growth, the country’s petroleum…
Featured

Egypt signs oil and gas deal with Germany’s Wintershall Dea

Mahmoud Shaaban Feb 10, 2020 0
Egyptian Oil Minister Tarek el-Molla has signed on Monday a new oil and gas exploration and production deal worth…
Tech/AI

Egypt says repaid 86% of arrears to foreign oil companies in 2019

Mahmoud Shaaban Feb 2, 2020 0
Egypt has repaid 86 percent of arrears to foreign oil companies at the end of December, the country’s Cabinet…
Tech/AI

Egypt signs $452.3 mln oil and gas deals

Mahmoud Shaaban Jan 20, 2020 0
Egyptian Oil Minister Tarek el-Molla has signed nine offshore oil and gas exploration and production deals worth a…
Featured

Egypt’s arrears to foreign oil firms fall by more than 80% – minister

Mahmoud Shaaban Dec 29, 2019 0
Egypt’s arrears to foreign oil companies fell by more than 80 percent to below $900 million, petroleum minister…
Tech/AI

Egypt signs $155 million of oil and gas deals

Mahmoud Shaaban Dec 25, 2019 0
Egypt has signed four new oil and gas exploration agreements that are expected to bring in new investments of at…
Featured

Solariz Egypt completes 100 MW solar power plants year-end

Mahmoud Shaaban Dec 23, 2019 0
Solariz Egypt plans to complete a number of solar power plants at the end of the year, at capacities totaling 100…
Featured

Egypt plans fuel self-sufficiency in FY2021/22

Mahmoud Shaaban Dec 21, 2019 0
Egypt aims to be self-sufficient in fuel and petroleum products within the financial year 20221/2022, senior…
Tech/AI

Siemens Gamesa says commercial operations start at Egypt’s biggest wind farm

Mahmoud Shaaban Dec 10, 2019 0
German-Spanish wind energy company Siemens Gamesa said on Tuesday that commercial operations had begun at Egypt’s…
Tech/AI

Egypt’s fuel imports fall to $400 million in August – sources

Mahmoud Shaaban Oct 30, 2019 0
Egypt’s monthly fuel imports reported a decline between $300 million and $400 million in August, official sources…
Featured

Two million homes fully supplied with gas in Egypt last two years – source

Mahmoud Shaaban Sep 29, 2019 0
State-run Egyptian Natural Gas Holding Company (EGAS) delivered natural gas to almost 2 million homes over the past…
Featured

ACWA Power invests $35bln in its projects worldwide

Mahmoud Shaaban Sep 24, 2019 0
 Saudi Arabia-based ACWA Power has total investments of  $35 billion all over the world, Regional Director Hassan…

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UN’s Al-Mashat warns maritime disruption…

Sep 18, 2026

Egypt’s PM reviews oil, gas production

Sep 17, 2026

EGX closes in green area on 17 Sept

Sep 17, 2026

Rania Al-Mashat receives honorary doctorate from…

Sep 17, 2026
About Us

Amwal Al Ghad English is a momentum website located in Cairo determined to cover various economic activities in banking, insurance, investment, real estate, construction, trade, and technology sectors. It aspires to remain the standard-setter for international journalism, by preserving accuracy, impartiality, and independence. The English website works on providing its readers with reliable and unbiased information of relevance, range, and depth.

Contact us: amwalenglish@gmail.com

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Recent Posts
  • UN’s Al-Mashat warns maritime disruption threatens Arab development
  • Egypt’s PM reviews oil, gas production
  • EGX closes in green area on 17 Sept
  • Rania Al-Mashat receives honorary doctorate from Canada’s Cape Breton University
  • Egypt to pilot programme-based budgeting in FY2027/2028
  • Oil prices fall on Thursday
  • US-based InteLogix launches Egypt outsourcing operations
  • EGX closes mixed on 16 Sept
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    Egypt to pilot programme-based budgeting in FY2027/2028

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    Egypt’s FRA, Supreme Council for Media Regulation sign protocol on digital…

    Featured

    Egypt’s FRA issues second edition of real estate valuation standards

  • Tech/AI
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    • Tech news
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    Featured

    UN’s Al-Mashat warns maritime disruption threatens Arab development

    Featured

    Egypt’s PM reviews oil, gas production

    Featured

    Egypt to pilot programme-based budgeting in FY2027/2028

  • Stocks
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    Featured

    EGX closes in green area on 17 Sept

    Stocks

    EGX closes mixed on 16 Sept

    Featured

    EGX closes mostly green on 15 Sept

  • News
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    • MENA News
    • Egypt News
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    Featured

    UN’s Al-Mashat warns maritime disruption threatens Arab development

    Featured

    Rania Al-Mashat receives honorary doctorate from Canada’s Cape Breton…

    Featured

    Egypt receives ancient funerary mask from Switzerland

  • The Watch
    • All
    • forex news
    • Get To Know
    • Indices news
    Commodities

    Oil prices fall on Thursday

    Commodities

    Oil prices fall on Wednesday

    Commodities

    Oil prices rise nearly 2% on Tuesday

  • Leisure
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    • Sports
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    Featured

    Egypt to upgrade 23 youth centres under civil society partnerships

    Featured

    Egypt Post to issue commemorative stamp celebrating national team’s World Cup…

    Leisure

    UNESCO adds Egyptian Koshari to intangible cultural heritage list

  • Op/Ed
  • Videos
    Featured

    US-based InteLogix launches Egypt outsourcing operations

    Featured

    Egypt’s digital exports reach $7.4bn in 2025

    Tech news

    Digital Egypt named Digital@UNGA finalist

    Featured

    Egypt launches $1bn data centre project, first sovereign AI facility

  • Citizen Journalism
    • All
    • Review
    • Blogging
    • Initiatives
    • Photo and Story
    • Video and Commet
    Featured

    Egypt receives ancient funerary mask from Switzerland

    Featured

    Egypt’s FRA launches healthcare investment initiative with Curative…

    Featured

    Egypt Post to issue commemorative stamp celebrating national team’s World Cup…

  • 2019 Calendar of Events
  • COP27
  • AfDB 2023
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