American Chamber of Commerce

  • Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

    Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

    Sunday, 14th March 2021

    Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion

  • El Molla: Petroleum Sector Contributes 27% of GDP

    El Molla: Petroleum Sector Contributes 27% of GDP

    Wednesday, 29th July 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian Petroleum sector achieved unprecedented production rates of natural gas noting that local consumption rates of oil and gas declined during the previous five months mentioning that petroleum sector carried out 27% of the gross domestic product (GDP) according to the recent data.

  • Egypt, US Discuss Petroleum Sector Cooperation

    Egypt, US Discuss Petroleum Sector Cooperation

    Monday, 15th July 2019

    Egypt's petroleum exports to the US increased by %44, reaching $176.9 million during 2019, compared to 2018 when it was $122.9 million.

  • Egypt to Restructure Ministry of Petroleum

    Egypt to Restructure Ministry of Petroleum

    Tuesday, 16th May 2017
    El Molla: Restructuring the Ministry leads to improving the investment climate.