Sunday 24 Nov

Egypt

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...

EGP holds steady against USD in banks, Saturday
2024/09/07

EGP holds steady against USD in banks, Saturday

The US dollar exchange rate remained stable today, Saturday, September 7, 2024, against the Egyptian pound in all banks operating in Egypt, according to the...

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.

Egyptian pound strengthens ahead of dollar
2024/09/03

Egyptian pound strengthens ahead of dollar

The Egyptian pound strengthened against the US dollar on Tuesday, September 3, 2024, as the dollar's value declined by 4 piasters at the Central Bank...

New oil discovery announced in the Western Desert
2024/08/28

New oil discovery announced in the Western Desert

Khalda Petroleum, representing the American Apache Corporation and the Egyptian General Petroleum Corporation, announced, Tuesday, a new oil discovery in the West Fayoum-1 area of...

Egypt, Korea aim to enhance project partnerships
2024/08/28

Egypt, Korea aim to enhance project partnerships

The Embassy of the Republic of Korea in Egypt, in partnership with the Korea Trade-Investment Promotion Agency (KOTRA) and the Export-Import Bank of Korea's Cairo...