Economic | Egypt Oil & Gas

Shell, Chevron, Petrobras Evaluate Guyana Oil Auction  

Guyana, the South American country, is offering 14 offshore oil exploration blocks in auction, to accelerate its economic development, Reuters reported. Guyana’s next auction has enticed at least ten firms, incl...

NBE, TAQA Arabia Sign Financing Contracts of EGP 916 MM

The National Bank of Egypt (NBE) and TAQA Arabia signed financing contracts amounting to EGP 916 million to expand TAQA Arabia’s investment plans, and reaffirm NBE’s strategic partner role in supporting big projects w...

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators on one page, for your convenience. Covering: January 30th to February 4th Minister of Electricity and Renewable Resources, Mohamed Shaker, said th...

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