The Egyptian Mineral Resources and Mining Industries Authority (MRMIA), the New Valley for Mineral Resources and Oil Clay (WADICO), and Elsewedy Capital Holding for Investments signed a shareholders’ agreement to esta...
The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with China National Chemical Engineering Company Co., Ltd. (CNCEC) worth $34 million in investments to establish an industrial project ...
The Suez Canal Authority (SCA) has signed an agreement with Anchorage Investments, an Egyptian company specialized in investing in and operating companies in the mining and petrochemical sectors, to establish a major...
An Egyptian-Chinese joint venture (JV) signed a package of contracts to execute the preliminary designs for the first phase of the Red Sea Petrochemicals Complex project at Ain Sokhna. The agreement was signed between...
Tarek El Molla, Minister of Petroleum and Mineral Resources, has received a delegation from the International Honeywell Corporation, specialized in providing technical support for petroleum projects, to discuss and re...
Minister of Petroleum and Mineral Resources, Tarek El Molla, inspected Sonker’s project as well as the Red Sea petrochemical complex in Ain Sokhna, according to a press release. The minister toured the diesel and but...
Egypt has started to construct and facilitate the largest petrochemical project in the Middle East with an investment cost of $10.8 billion, said Mohab Mamish, Chairman of the Suez Canal Authority (SCA) and the Suez C...
The Egyptian cabinet signed contracts on June 30 with the Cairo-based Carbon Holdings to build a $10.9 billion petrochemical complex, the cabinet announced. The Tahrir Petrochemical complex will extend over a 5 millio...
Sonker Bunkering Company and DP World finalized $500 million in financing for a liquid bulk terminal at Ain Sokhna, Ahram Online reports. The storage facility will be used to hold imported liquid petroleum gas, gasoil...
Petrojet completed the first module for the offshore platform at Ain Sokhna, Egypt Oil & Gas reports. The platform is part of a project by the Arab Petroleum Pipelines Company (SUMED) to secure Egypt’s supply of l...