Car Conversion Project

  • MoP Highlights Objectives of Car Conversion Project

    MoP Highlights Objectives of Car Conversion Project

    Tuesday, 1st June 2021

    The Ministry of Petroleum and Mineral Resources is targeting environmental, economic, and industrial goals among others through a project to switch more vehicles in Egypt to run on natural gas, according to a statement.

  • Egypt Allocates EGP 2.1 B For Green Initiative Incentives

    Egypt Allocates EGP 2.1 B For Green Initiative Incentives

    Sunday, 30th May 2021

    Egypt has allocated EGP 2.1 billion in the next 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, Giza, Qalyubia, Alexandria, Suez, Port Said, and the Red Sea, Mohamed Maait, Minister of Finance, stated.

  • Petroleum Investments Surpass EGP 1.2 T in 6 Years

    Petroleum Investments Surpass EGP 1.2 T in 6 Years

    Tuesday, 15th December 2020

    The petroleum sector’s investment rate over the past six years has surpassed EGP 1.2 trillion in addition to attracting about 90% of foreign investment to Egypt.