FDI
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ADNOC Announces Awarding $3.6 B Contracts
Thursday, 22nd August 2019
The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts for the procurement of casing and tubing, with a combined scope of $3.6 billion.
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South Sudan Expects More FDI in Oil Production
Wednesday, 31st July 2019
Foreign direct investments (FDI) in South Sudan increased to reach around $1 billion, compared with $250 million in fiscal year (FY) 2016/17.
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Oil Sector Doubles Net FDI during July/March FY 2017/18
Monday, 2nd July 2018
More than half of Egypt’s net foreign direct investment (FDI) during the first nine months of FY 2017/18 was invested in the oil sector.
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84% of Q1 FDI Flows to Energy Sector
Monday, 11th December 2017
Egypt's energy sector received approximately 84% of the country's foreign direct investment (FDI) during the first quarter of 2017/2018
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Nasr: Rolling Back Red Tape Essential to Increase Investment
Tuesday, 19th September 2017
The Minister of Investment and International Cooperation, Sahar Nasr, said that her ministry was working to eliminate red tape and bureaucratic measures that discourage investment.
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Net FDI in the Oil Sector Rises 135%
Wednesday, 13th September 2017
Net foreign direct investment (FDI) in the oil sector rose by 135% in fiscal year (FY) 2016/2017, according to the Central Bank of Egypt (CBE).
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Engie CEO: Egypt’s Oil & Gas Industry has Comparative Advantage
Sunday, 27th August 2017
The Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the CEO of Engie, Philip Olivier, to discuss Engie’s participation in Egypt’s liquefied natural gas (LNG) market. -
Egypt Approves New Investment Regulations to Bolster FDI
Sunday, 20th August 2017
Egypt’s cabinet finalized and issued regulations for the country’s new investment law. -
Tarek El Molla Met with the Romanian Ambassador to Egypt
Wednesday, 26th April 2017
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, received the Ambassador of Romania to Egypt, Mihai Ștefan Stuparu, to discuss the high level of coordination between the two countries. -
El Sisi Met with El Molla and Ismail
Monday, 24th April 2017
El Sisi urged attracting more foreign investments in Petroleum and Mineral Resources fields.
Latest News
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Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets
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PMS Implements 87 Projects Worth $171 MM
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Monday Minutes: Economic Snapshot
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El Molla Reviews Midor Refinery Expansion
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021