The total volume of Egypt's investments projected for the drilling and extracting natural gas has reached US$13 billion, the first undersecretary of the Egyptian oil ministry Shrief Sosa said
Saudi Arabia-based power and water project developer ACWA Power announced Sunday it signed concession contracts with the Egyptian Ministry of Electricity to build three renewable energy power plants in Egypt.
Egypt signed Thursday a grant agreement with the African Development Bank Group's Middle Income Country Technical Assistance Fund (MIC TAF). Upon the agreement, Egypt shall receive three grants with total value of US$4.6 million from the MIC TAF.
Egypt's trade deficit widened to 21 billion Egyptian pounds in February, from 20.2 billion pounds a year earlier, the state's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Thursday.