FDI | Egypt Oil & Gas - Part 2

Nasr: Rolling Back Red Tape Essential to Increase Investment

Emphasizing the importance of both foreign and domestic investment in the Egyptian economy, the Minister of Investment and International Cooperation, Sahar Nasr, said that her ministry was working to eliminate red tap...

Net FDI in the Oil Sector Rises 135%

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). Net FDI in the oil sector increased to $4 billion in FY 2016/2017 from $1...

Engie CEO: Egypt’s Oil & Gas Industry has Comparative Advantage

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 Oil & Gas reports. ...

Egypt Approves New Investment Regulations to Bolster FDI

Egypt’s cabinet finalized and issued regulations for the country’s new investment law on August 17th, Egypt Oil & Gas reports. The new investment law, signed by President Abdel Fattah El Sisi in June, provides for...

Tarek El Molla Met with the Romanian Ambassador to Egypt

A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla,  received the Ambassador of Romania to Egypt, Mihai Ștefan Stuparu. During the meeting, El Mo...

El Sisi Met with El Molla and Ismail

Egyptian President, Abd ُEl Fattah El Sisi, pointed out the importance of developing the petroleum and mineral resources sector in Egypt, as a cornerstone of the national economy. El Sisi’s statement came during...

Shell Is a Platinum Sponsor of EGYPS 2017

Shell is one of the main sponsors of the long-awaited Egypt Petroleum Show (EGYPS 2017), which opens its doors on 14th of February, for three days at the Cairo International Exhibition & Conference Center (CIEC), ...

Algerian Inducements for Petroleum and Shale Investments, Legal Reforms on Books

According to a US Energy International Administration press release the Algerian government is amending its foreign investment laws in hydrocarbons to attract investment and technology. This was in an historic attempt...

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