President Abdel Fattah El-Sisi has approved a memorandum of understanding (MoU) for a grant worth 300,000 Kuwaiti dinars from the Arab Fund for Economic and Social Development (AFESD) to finance a feasibility stud ...
The European Investment Bank (EIB) is evaluating the financing a renewable energy project in Egypt, which involves the design; construction; and operation of the Niat and Rasgha wind farms, two adjacent utility-sc ...
Egypt's Mineral Resources and Mining Industries Authority (MRMIA) signed a memorandum of understanding (MoU) with MovingFert Egypt. The MoU is to work on a collaborative study to evaluate an integrated project for ...
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, ...
Mahmoud Nagy, Undersecretary for health, safety, and environment (HSE), Energy Efficiency, and Climate, and Official Spokesperson of the Ministry of Petroleum and Mineral Resources (MoPMR), met with the World Bank ...
US Vaalco Energy has kicked off its 2026 onshore Egyptian drilling campaign by bringing the HE‑9 development well online in early June. The well encountered 26 meters of net pay in the Asl B reservoir in the Gulf ...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with a delegation from the state-owned Emirates National Oil Company (ENOC), headed by its CEO, Hussain Sultan Lootah and Abdulkarim Almaazmi, CEO of ...
As part of its strategy to boost domestic oil and gas output, the Egyptian oil and gas sector has added roughly 12,000 barrels per day (bbl/d) of crude oil and condensates to Western Desert production over the pas ...
Trading in energy solutions firm Korra Energi began today on the Egyptian Stock Exchange, following an offering earlier this month of an 11% stake split between a private placement for institutions (60%) and a pu ...
The Mineral Resources and Mining Industries Authority (MRMIA) launched an Open Blocks System offering exploration and exploitation opportunities across several mineral commodities. The bid round targets gold and a ...
