Foreign investments in Egypt’s oil sector to hit $10 bln in FY2017/18
Foreign investment in Egypt's petroleum sector will reach about $10 billion in the 2017/18 fiscal year that ends in…
Browsing Tag
Petroleum Sector
Apache Corp. unveils plan to dig 50 wells in Egypt in FY2018/19
President and CEO of Apache Corp. John Christmann announced on Friday that an ambitious exploration programme is…
Foreign investments to increase by 40% in Egypt annually: minister
Egypt's Minister of Investment and International Cooperation Sahar Nasr, predicted that the average foreign…
Egypt’s GIG studies entering into inward reinsurance arrangements in Gulf
Egypt’s Arab Misr Insurance Group – GIG is studying inward requests from Gulf insurance brokers for reinsurance…
Oil minister: new refining projects in Egypt worth $7.7bn
Egyptian petroleum sector is currently executing new refining projects with investments estimated at US$7.7…
Petroleum Sector delivers Natural Gas to New Ismailia City
Egyptian petroleum sector has completed the delivery of natural gas to the New Ismailia City in line with the…
EGPC: Egypt to Import First Natural Gas Shipments by March
It will import the first natural gas shipments from abroad by the next March, stressing that there are 6 major…
Egypt’s Petroleum Minister Says EGP60bn Annual Energy Revenues
Egyptian Petroleum Minister Sherif Ismail said the volume of the country's revenues in energy sector don't exceeded…
Ahli United Bank Opens EGP1.5bn Letters of Credit for Petroleum Sector
Ahli United Bank (AUB) has opened letters of credit worth EGP1.5 billion within the first 8 months of the current…
NBE Considering New Finance for Petroleum Sector worth EGP700mn
An official Banking source revealed that the National Bank of Egypt (NBE) is considering financing EGP200 million…