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Industry & Trade
Egypt’s Minister of Petroleum discusses strengthening cooperation with ExxonMobil
Egypt's Petroleum Minister Karim Badawi met Monday with Dan Moore, Vice President of ExxonMobil Global Lubricants,…
Egypt’s Mina West gas field to start output in Q4 2026
Egypt’s Mina West offshore gas field is expected to begin production in the fourth quarter of 2026, the petroleum…
OPEC+ agrees 188k bpd output adjustment, reaffirms market stability
OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
Egypt non-oil exports rise to $12bn in Q4 2025 – IDSC
Egypt’s non-oil merchandise exports rose 7.1 per cent year on year to $12 billion in the fourth quarter of 2025,…
Suez Canal Authority launches Fakhr 1 Vessel sailing trials
Egypt’s Suez Canal Authority has begun sailing trials of the integrated petroleum supply and services vessel “Fakhr…
Sisi, Madbouly review economic priorities
Egypt’s President Abdel Fattah El Sisi met on Sunday with Prime Minister Moustafa Madbouly to review a wide range…
Egypt announces new Nile Delta gas discovery adding 50mcf
Egypt’s Ministry of Petroleum announced on Saturday a new natural gas discovery in the Nile Delta with estimated…
Egypt cuts oil, gas arrears to $714 million by April 2026
Egypt has reduced the accumulated debt owed to oil and gas partners from $6.1 billion in June 2024 to about $714…
Egypt’s Khalda Petroleum targets $1.043bln investment after 15 discoveries
Egypt's Khalda Petroleum made 15 oil discoveries in the first half of fiscal year 2025/2026, adding estimated…
Egypt starts disbursing EGP355.2mln Labour Day grant for irregular workers
Egypt’s has started disbursing 355.2 million Egyptian pounds as a Labour Day grant for irregular workers registered…