Egypt’s Petroleum Import Bill Sees 53.3% Annual Spike

• Tuesday, 6th May 2025
• by Sarah Samir

During the first half of fiscal year (FY) 2024/25, Egypt’s petroleum imports value increased by 53.3% to reach $9.7 billion, compared to $6.3 billion in the first half (H1) of FY 2023/24. Imports of natural gas ...

Petroleum FDIs Record Net Outflow of $857.5M in H1 2022/23

• Monday, 8th May 2023
• by Sarah Samir

Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million to reach $857.5 million during the first half of fiscal year (FY) 2022/23, according to the Central Bank of...

Egypt Sets $20B E&P FDI Target over Three Years

• Wednesday, 7th November 2018
• by Sarah Samir

The Egyptian Ministry of Petroleum and Mineral Resources plans to attract $20 billion in foreign direct investment (FDI) for exploration and production (E&P) over the next three years, according to Daily News Egyp...