Cypriot energy min. visits Egypt’s Damietta LNG plant amid gas cooperation push
Cyprus’s Minister of Energy, Commerce and Industry Michael Damianos inspected on Wednesday Egypt’s Damietta LNG…
Oil prices rise to highest level since May on Thursday
Oil prices rose to their highest level since May on Thursday, with Brent crude climbing 3.08 per cent to $112.17…
Egypt signs MoU for 273,000-square-metre logistics centre at Dekheila Port
The Alexandria Port Authority signed a memorandum of understanding (MoU) with Hassan Allam Utilities and Al Tarek…
Eni targets 2028 gas production from Cyprus’ Cronos field using Egyptian infrastructure
Italy’s Eni aims to begin gas production from Cyprus’ Cronos field in 2028 by leveraging Egypt’s existing energy…
EGX closes mixed on 21 October
Egypt’s stock market (EGX) closed mixed on Wednesday.
Suez Canal Authority, Hapag-Lloyd discuss cooperation
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met on Tuesday with Juan Pablo Richards, Regional Head for…
Egypt’s Central Bank trains 11 African counterparts on climate risks
The Central Bank of Egypt (CBE) hosted a five-day training programme for 25 participants representing 11 central…
Egypt’s private insurance funds assets rise 21.7% to EGP238.2b in 2025 – FRA
Egypt’s private insurance funds recorded a 21.7 per cent annual increase in total assets to 238.2 billion Egyptian…
Oil prices rise by more than $1 on Wednesday
Oil prices rose by more than $1 on Wednesday as escalating Middle East tensions heightened concerns over supply…
Egypt adds 591 wells, makes 113 discoveries in two years – minister
Egypt added 591 wells to its production map and made 113 discoveries between July 2024 and June 2026, Petroleum…