Monday 16 backend.Sep

EU

Minister of Petroleum announces major company transfers
2024/09/16

Minister of Petroleum announces major company transfers

Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, announced a leadership shuffle within the petroleum sector. The move aims to support petroleum sites with...

Alexandria Pharma sales soar to EGP 1.7 billion by June 2024
2024/09/14

Alexandria Pharma sales soar to EGP 1.7 billion by June 2024

The adjusted financial indicators of Alexandria Pharmaceutical and Chemical Industries Company showed that the company's profits increased by 71.3% on an annual basis during the...

BP invests $200M to boost Raven Field gas production
2024/09/14

BP invests $200M to boost Raven Field gas production

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, met with Engineer Nader Zaki, Regional President of British Petroleum (BP) in the Middle East and...

Egypt, Cyprus seek energy synergy with gas field connection
2024/09/08

Egypt, Cyprus seek energy synergy with gas field connection

Bloomberg has reported that Egypt and Cyprus are planning to construct a 90-kilometer subsea pipeline to connect the Aphrodite gas field to the production facilities...

Ministry of Investment: Cumulative British investments reach $21.5 billion until last June
2024/09/08

Ministry of Investment: Cumulative British investments reach $21.5 billion until last June

Engineer Hassan Al-Khatib, Minister of Investment and International Trade, held an extensive meeting with John Humphrey, the British Trade Commissioner for Africa, and his accompanying...

European gas prices surge; competitors for Egyptian supplies
2024/09/07

European gas prices surge; competitors for Egyptian supplies

Natural gas prices in Europe have risen, in light of indications of increased competition with Egypt to purchase fuel shipments.

Novo Nordisk to boost insulin to Egypt
2024/09/04

Novo Nordisk to boost insulin to Egypt

Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, met with Anna Dora Rijelsen, Danish Ambassador, and a...

Decreased demand drives oil prices lower
2024/09/04

Decreased demand drives oil prices lower

Oil prices fell slightly on Tuesday, having declined by nearly 5% the previous day. The potential resolution of Libya's political turmoil shifted attention back to...