News / Egypt

  • Monday Minutes: Economic Snapshot

    Monday Minutes: Economic Snapshot

    Monday, 29th November 2021

    A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

  • Energean Announces Amendment Agreement of North Idku Concession

    Energean Announces Amendment Agreement of North Idku Concession

    Sunday, 28th November 2021

    The amendment agreement with North Amriya Offshore Concession Agreement will contribute to the development of a number of discoveries through an integrated project which includes drilling 4 wells and connecting them to the facilities of Abu Qir Company.

  • El Molla Chairs First General Assembly of Iqat Gold Mining Company

    El Molla Chairs First General Assembly of Iqat Gold Mining Company

    Sunday, 28th November 2021

    During the meeting, El Molla pointed out the launch of an ambitious plan to start early production of commercial gold detection in the Iqat area in the eastern desert of Egypt during the coming period in light of the high possibilities of the gold extraction rate of discovery, where the average concentration of gold is 1.5 grams per ton.

  • El Molla Expresses Full Support of Cyprus’s EMGF Presidency

    El Molla Expresses Full Support of Cyprus’s EMGF Presidency

    Sunday, 28th November 2021

    During the meeting the two ministers discussed a number of issues of joint cooperation within the framework of the EMGF.

  • EMGF Ministerial Meeting Discusses Long-Term Strategy, COP 27

    EMGF Ministerial Meeting Discusses Long-Term Strategy, COP 27

    Sunday, 28th November 2021

    The energy ministers participating in the EMGF showcased the outcomes of the first phase of the Forum's long-term strategy, which reflects the basic objectives presented in the charter. Furthermore, the ministers confirmed the importance of natural gas during the energy transition as the least carbon-intensive fossil fuel.

  • Egypt, Greece Sign MoU to Promote Natural Gas Cooperation

    Egypt, Greece Sign MoU to Promote Natural Gas Cooperation

    Sunday, 28th November 2021

    On the sidelines of the Sixth Ministerial Meeting of the Eastern Mediterranean Gas Forum (EMGF), Minister of Petroleum and Mineral Resources Tarek El Molla held bilateral talks with his Greek counterpart Costas Skrekas, during which they discussed ways to expand cooperation in the field of oil and gas to achieve mutual benefits for both sides.

  • El Molla Showcases EMGF’s Achievements Over Past Three Years

    El Molla Showcases EMGF’s Achievements Over Past Three Years

    Thursday, 25th November 2021

    During the sixth ministerial meeting of the East Mediterranean Gas Forum (EMGF), Minister of Petroleum and Mineral Resources Tarek El Molla showcased the forum’s accomplishments in the past three years.

  • Mobarez Appointed as EMGF’s Chief

    Mobarez Appointed as EMGF’s Chief

    Thursday, 25th November 2021

    Choosing Mobarez reflects the confidence of the EMGF’s members in the Egyptian candidate.

  • Orascom Joins Green Hydrogen Consortium

    Orascom Joins Green Hydrogen Consortium

    Thursday, 25th November 2021

    Orascom Construction PLC announced that it has joined the Green Hydrogen Consortium with Fertiglobe , Scatec and The Sovereign Fund of Egypt to develop Egypt’s first green hydrogen production facility.

  • El Molla Discusses Ways to Boost Energy Cooperation with Palestine in EMGF Meeting

    El Molla Discusses Ways to Boost Energy Cooperation with Palestine in EMGF Meeting

    Thursday, 25th November 2021

    The meeting took place on the sidelines of the sixth ministerial meeting of the East Mediterranean Gas Forum (EMGF) which will be held in Cairo on November 25th.