The Egyptian President, Abd El Fattah El Sisi, met with Saudi Arabian King Salman in Riyadh to preserve the security and stability of the Arab states and to combat attempts to drive a wedge between Arab allies.
Taqa Petroleum Company agreed to provide 1300 cm/d of gas to the Egyptian Black Sand Company (EBSC) black sand separation plant located in Kafr Al-Sheikh.
The Egyptian Electricity Holding and the Egyptian Maintenance Company for Petroleum Services will establish a joint venture with Germany's Siemens to increase oil production through boosting the number of generators ...
Egypt may receive Scatec Solar's $500m investment by October, and 40 solar power plants may be established by 2018 in Upper Egypt’s Benban village, in Aswan.
The Central Bank of Egypt (CBE) stated that the banks operating in the country issued letters of credit worth $6.34b for oil and gas imports during the period from January 2016 to December 2016.