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Egypt witnesses unprecedented increase in oil, gas production: minister
Egyptian petroleum minister Tarek El-Molla said an unprecedented increase in Egypt's gas and petroleum production…
ExxonMobil wins exploration blocks offshore Egypt
Global energy giant ExxonMobil Corp said on Monday it has won more than 1.7 million feddans for exploration…
National Bank of Egypt arm acquires Pharos Securities Brokerage
National Bank of Egypt, the country’s biggest state-owned lender, said on Monday its investment arm has acquired…
Egypt invests $31bn in implementing 27 petroleum projects
Egypt invests total investment of $31bn in 27 projects to develop oil and gas fields, Minister of Petroleum and…
MSMEDA pumps EGP 2.4bn in Fayoum governorate
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) injected about EGP2.4bn in Fayoum governorate…
Egypt’s SODIC unit secures CIB medium-term loan facility
Egyptian property developer SODIC said on Sunday its subsidiary SOREAL signed a medium-term loan facility agreement…
Egypt’s arrears to foreign oil firms fall by more than 80% – minister
Egypt’s arrears to foreign oil companies fell by more than 80 percent to below $900 million, petroleum minister…
Egypt advances 11 places in UNCTAD 2019 business-to-consumer e-commerce index
Egypt has moved up 11 places in the United Nations Conference on Trade and Development’s (UNCTAD)…
Egypt-Sudan joint electricity grid operational Jan. 12
Egypt and Sudan will commence the operation of a joint electricity grid from January 12 with a capacity of 50…
Chevron, Shell, Mubadala win Egypt’s Red Sea oil and exploration concessions
Chevron, Royal Dutch Shell, and Mubadala were announced the winners in one of Egypt’s international oil and gas…