Fuel subsidies cost has reached EGP 27.5 billion during the second quarter of fiscal year (FY) 2017/2018 based on...

The Egyptian Cabinet has approved a draft law to license the Minister of Petroleum and Mineral Resources to contract...

Qarun Petroleum Company plans to drill 22 wells to expand its activities during fiscal year (FY) 2018/2019, for production...

Kuwait Energy Company is looking forward to expanding its success in the company’s concessions in Egypt, and participating in...

Xodus Group appointed Salah Farid Tantawy as its first general manager in Egypt. The decision comes as Xodus plans...

The Egyptian cabinet announced allocating EGP 4.5 billion to connect 1.35 million residential units to the national gas grid...

Egypt’s production of natural gas increased by 1.6 billion cubic feet per day (bcf/d) in 2017, up to 5.5...

The new $3.6 billion processing plant owned by the Egyptian Refining Company (ERC) will start operation in six months,...

The European Bank for Reconstruction and Development (EBRD) is provisioning a loan of approximately $200 million to be issued to...

The International Islamic Financial Corporation (ITFC) opened a line of credit (LOC) worth $400 million for Egypt, in order...