The African Export-Import Bank (Afreximbank) will inject between $50 million and $100 million to construct a landmark gold refinery in Egypt, with execution scheduled to begin by the end of 2026, Ayman Elzoghby, ...
President Abdel Fattah El-Sisi held a meeting with Prime Minister Mostafa Madbouly; Minister of Petroleum and Mineral Resources, Karim Badawi; Minister of Finance, Ahmed Kouchouk; and Governor of the Central Bank ...
Prime Minister Mostafa Madbouly has held a meeting to review the needs of the oil and gas sector, as well as efforts to increase petroleum products. This was in the presence of Hassan Abdullah, Governor of the Cen ...
El Sisi called for the full administrative and financial governance of the entire system, including the contracts with international partners, to achieve the optimal exploitation of Egypt’s natural resources and p ...
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt will have about 1,000,000 vehicles run on natural gas within the including converting and replacing 450,000 cars during three y ...
The General Manager of Centamin Egypt, Youssef El Raghy, announced that Egypt received a total amount exceeding EGP 930 million from Sukari gold mine, since the start of operation until the last of December 2020.
The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year.
A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Petroleum exports amounted to $3.2 billion while imports stood at $2.4 billion during Q4 2018.
