Sisi calls for boosting oil & gas investment to ease import burden
Egyptian President Abdel Fattah El Sisi has stressed the importance of continuing to foster an investment-friendly…
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Egypt’s Sisi urges electricity stability, boosts oil, gas sector reforms
Egypt's President Abdel Fattah El Sisi has stressed the need for pre-emptive measures to ensure electricity supply…
Egyptian govt. on alert to ensure stable summer power supply
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Minister of Electricity and Renewable…
Pharaonic Petroleum reaches output targets
Pharaonic Petroleum Company exceeded production targets for FY 2024/2025, achieving 117 per cent of its plan by…
Egypt’s annual inflation rises in April ’25
Egypt’s annual headline inflation accelerated to 13.5 per cent in April 2025, up from 13.1 per cent in March.…
Egypt’s Khalda Petroleum announces new oil, gas discoveries
Khalda Petroleum Company announced three new discoveries of crude oil and gas in its concession areas in the…
Oil falls 3% on Thursday
Oil prices fell over 3 percent on Thursday after US President Donald Trump announced new tariffs, sparking concerns…
Egypt’s PMS signs MoU with AVEVA, MEEG to drive digital innovation in oil, gas sector
Egypt's Petroleum Marine Services (PMS) signed on Tuesday a tri-party memorandum of understanding (MoU) with…
S. Arabia’s annual inflation up to 2.0% in Jan
Saudi Arabia’s annual inflation rate stood at 2.0 per cent in January 2025 compared to a year earlier, driven by an…
Egypt, World Bank discuss progress on transport, industrial development projects
Egypt and the World Bank reviewed progress on key transport and industrial infrastructure projects, including the…