El Molla Discusses Collaboration with Australian Ambassador
Minister of Petroleum Tarek El Molla discussed Egyptian-Australian collaboration in the mining and hydrocarbon industries with the Australian Ambassador to Egypt Neil Hawkins.
News / Egypt
Delek to Decide on Egypt Pipeline Investment in July
Delek Drilling shareholders will meet on July 1 to vote on whether to approve a $200 million investment in a subsea pipeline to Egypt.
Thyssenkrupp to Work on 5 Petrochemical Projects
German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
El Molla Appoints New E.styrenics Boss
Minister of Petroleum Tarek El Molla has appointed chemist Tarek Mohamed Galal as the new head of the Egyptian Styrene & Polystyrene Production Company (E.styrenics).
Inflation Falls to 11.4% in May
Egypt’s annual headline consumer price inflation (CPI) fell 1.7% in May 2018.
CAPMAS: Fuel and Petrochemicals Exports Increase
The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018.
Midor Signs $1.7B Refinery Deal with Technip
The Middle East Oil Refinery (Midor) has signed a $1.7 billion agreement with Technip that will see the Italian company play a leading role in the expansion of the Midor refinery.
Petrojet Awarded $33M Contract for Dock Revamp
Egyptian petroleum company Petrojet has signed a $33 million agreement for dock revamp work in Damietta governorate.
ANRPC Refinery Project Nears Completion
Alexandria National Refining and Petrochemicals Company (ANRPC) has finished 97% of the refinery project that will double the national production of 92-octane benzene and 95-octane benzene.
