FDI | Egypt Oil & Gas
Egypt’s Oil and Gas FDI Pipeline Boosts External Resilience: Morgan Stanley
Egypt’s external vulnerability to higher oil prices is materially lower than previously assumed, with record remittance inflows and greater exchange-rate flexibility providing a crucial cushion against external shocks...
Egypt, Norway’s Scatec Explore Expanding Renewable Energy Investments
As Cairo steps up efforts to attract high-quality foreign direct investment (FDI), Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, met with Terje Pilskog, CEO of Norway’s Scatec, to explore expanding ...
AEP-II Reaches US$336.6m First Close for Renewable Energy Projects
Alcazar Energy Partners II SLP (SCSp) (“AEP-II”) a Luxembourg domiciled sustainable infrastructure fund focused on utility-scale renewable energy projects in emerging markets, has achieved a first close of US$336.6m. ...
NIOC to Allocate $100M for LPG Export Terminal Construction
Iran will use $100 million in foreign direct investments (FDI) to build a liquefied petroleum gas (LPG) export terminal, according to the CEO of the National Iranian Oil Company (NIOC) Mohsen Khojastehmehr. Khojastehm...
Egypt’s Oil Trade Balance Achieves $2.1 billion Surplus in July-December 2021/22
Egypt’s oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier, according to the Central ...
ADNOC Announces Awarding $3.6 B Contracts
The Abu Dhabi National Oil Company (ADNOC) has awarded three contracts for the procurement of casing and tubing, with a combined scope of AED 13.2 billion ($3.6 billion), according to a company statement. The contract...
South Sudan Expects More FDI in Oil Production
Foreign direct investments (FDI) in South Sudan increased to reach around $1 billion, compared with $250 million in fiscal year (FY) 2016/17, according to the South Sudanese Investment Authority’s Secretary-General, A...
Oil Sector Doubles Net FDI during July/March FY 2017/18
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, the Central Bank of Egypt announced in a statement. Net FDI recorded $6 billion ...
