The operation resulted in a daily production rate of approximately 4,100 barrels of oil equivalent, reinforcing the company’s plans to boost output and further develop its concession areas.

The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...

President Abdel Fattah El-Sisi followed up on the progress of the transport and industry ministry projects, particularly those related to the railway system, in a meeting with Mostafa Madbouly, Prime ...

UfM’s Andrea Tinagli on unlocking concessional finance, Egypt’s expanding pipeline, and why the country is pivotal in the Mediterranean’s sustainable transition.

Dana Gas has revealed positive preliminary results from the Begonia-2 appraisal well located in Egypt’s Nile Delta, with initial estimates indicating gas reserves of up to 9 billion cubic feet and an ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Mokhtar Aboul Atta, Head of Business Development for North Africa at Infinity Power, and Elly Aloko, ...

Egypt plans to issue up to $4 billion in international bonds over the next 12 months, according to Finance Minister Ahmed Kouchouk, who spoke to Bloomberg. The upcoming issuances are part of the ...

The agreement establishes a framework for fast-tracking exploration activities in new mining zones while upholding high environmental standards to ensure sustainable operations and mitigate any ...

The minister’s comments align with the government's ambition to see a 14% increase in total tourist arrivals by the end of 2025, aiming to attract 18 million tourists.

Egypt’s exports to AU member states reached $7.7 billion in 2024, marking a 4.7% increase from $7.4 billion in 2023, according to a statement released by the Central Agency for Public Mobilization and ...

British International Investment (BII) has announced the signing of agreements exceeding $300 million to support two major renewable energy projects in Egypt, a 1.1 GW wind farm in the Gulf of Suez ...