MoP Highlights Objectives of Car Conversion Project

• Tuesday, 1st June 2021
• by Editorial Team

The Ministry of Petroleum and Mineral Resources (MoP) announced that it has environmental, economic, and industrial goals among others to achieve through the project to switch more vehicles in Egypt to run on natural ...

Egypt Allocates EGP 2.1 B For Green Initiative Incentives

• Sunday, 30th May 2021
• by Editorial Team

Egypt has allocated EGP 2.1 billion in the coming fiscal year’s budget to finance the first phase of the green initiative, which aims to replace 250,000 vehicles to run on natural gas in the governorates of Cairo, Giz...

Petroleum Investments Surpass EGP 1.2 T in 6 Years

• Tuesday, 15th December 2020
• by Editorial Team

The petroleum sector’s investments over the past six years have surpassed EGP 1.2 trillion as it also attracted about 90% of direct foreign investments in Egypt, Tarek El Molla, Minister of Petroleum and Mineral Resou...