The Egyptian oil and mineral resources sector attracted $6.7 billion in Foreign Direct Investment (FDI) during fiscal year (FY) 2025/26, up from $6.2 billion a year earlier, according to the Central Bank of Egypt’s (C...
Arcius Energy, a joint venture (JV) between Britain’s bp and the UAE’s XRG, outlined plans to accelerate development of the Harmattan gas field offshore Damietta and boost production in Egypt during the Eastern Medite...
Karim Badawi, Minister of Petroleum and Mineral Resources, reviewed plans to increase domestic oil and gas production, secure petroleum product supplies, and improve operational efficiency during a meeting with the ex...
Ahmed Rostom, Minister of Planning and Economic Development, met with Namrata Thapar, World Bank Group Global Director for Metals and Minerals, to outline an integrated framework for advancing Egypt’s mining ind...
Egypt’s petroleum sector has added 45 million cubic feet per day (mmcf/d) of natural gas and 540 barrels per day (bbl/d) of condensates from four wells in the Western Desert, Gulf of Suez, and onshore Nile Delta, the ...
119 mining companies have applied for licences across Egypt since the launch of the Open Blocks licensing system (OBS) on June 10, 2026, including more than 14 foreign firms from Australia, the United Kingdom, Canada,...
Egypt seeks to broaden its partnership with global mining company AngloGold Ashanti beyond operating the Sukari Gold Mine, aiming for a comprehensive strategic alliance, said President Abdel Fattah El-Sisi on the side...
Petrosannan, the joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Ukraine’s Naftogaz, exceeded its natural gas production target by 36 per cent during fiscal year (FY) 2025/26, with pro...
Egypt’s liquefied natural gas (LNG) imports from the United States (US) reached a record high of 86.05 billion cubic feet (bcf) in June 2026, surging 236% year-on-year (YoY) as Cairo expanded spot-market purchases to ...
Over 6,000 participants from more than 50 countries are expected to attend Egypt Mining Forum 2026 on September 28-29 in Cairo, as Egypt seeks to attract more international investment into its underexplored mineral re...