IMF: Economy to Grow 4.5% in FY 2017/2018
The International Monetary Fund (IMF) projects that Egypt’s economy will grow by 4.5% in fiscal year (FY) 2017/2018.
Egypt | Egypt Oil & Gas - Part 320
Shaker Praises Work of AfDB in Egypt
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, met with a delegation from the African Development Bank (AfDB) to discuss the bank's to support of Egypt energy sector.
Egypt, Jordan Develop Capacity to Exchange 400 MW of Electricity
A project to connect Egypt and Jordan’s electricity grids will permit the two countries to exchange up to 400 megawatts of electricity.
Egyptian, Jordanian Firms Sign Two Energy MoUs
Egyptian and Jordanian companies signed two energy-sector Memoranda of Understanding.
Zohr Production Remains On Track For This Year
Production from the Zohr gas field remains on track to begin in December.
Bolivia Invites El Sisi to Attend GECF Session
The Egyptian President, Abdel Fattah El Sisi, received an invitation from the Bolivian Ambassador to Egypt, Luis Alberto Sánchez Fernández, to attend the upcoming meeting of the Gas Exporting Countries Forum (GECF ...
Germany to Extend $250M Loan to Egypt
The German government will provide a $250 million loan next year to help finance Egypt’s budget
El Mazni: Additional Steps Necessary for Gas Market Liberalization
Liberalizing Egypt’s gas market requires additional steps and greater cooperation, a senior official at Egypt Natural Gas Holding Company (EGAS) said at a working luncheon hosted by the British Egyptian Business A ...
Rosneft Acquisition of 30% of Zohr Finalized
Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field.
Ain Sokhna’s Storage Capacity to Increase by 200,000 cm
The second phase of development at the Ain Sokhna Port will include the installation of storage tankers to increase the port’s storage capacity by 200,000 cubic meters (cm)
