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News

Egypt, Greece and Cyprus meet to discuss enhancing investments

Egyptian ministers Sameh Shoukry, and Mostafa Madbouly expressed their commitment to further cooperate with Greece and Cyprus in more domestic investments to boost our economy.

Petroleum Ministry releases Egyptian Petroleum Companies FY22/23 results

Misr Petroleum Company revealed the company’s total sales during FY22/23 amounted to about 9.2 million tons of various petroleum products, mineral oils, aircraft, and ship fuel.

President El-Sisi urges low-cost funding for emerging economies

El-Sisi also stressed highlighting the efforts done by the state over the past 8 years to bridge its infrastructure gap.

Egypt opens new global bidding round for 23 petroleum areas

These zones are geographically distributed across 10 regions in the Western Desert, two regions in the Eastern Desert, seven regions in the Gulf of Suez, and four regions in the Red Sea.

Egypt targets $9B investments in oil and gas by FY2024 | PetrolMin

This is instead of previous expectations ranging from $7.7 to $8 billion, which El Molla had previously announced in a $1 billion increase.