foreign investment | Egypt Oil & Gas - Part 2

Oil Ministry Eyes Foreign Investment Rise by $1b

Egypt's petroleum ministry is eyeing larger foreign investments in drilling and exploration projects to amount to $8.5b by the end of fiscal year 2015-16, up by $1b.

Russian Business Delegation to Visit Egypt in Mid-January

A number of Russian firms will visit Egypt in mid-January to discuss investment in the fields of power, agriculture, tourism, and automotive.

Zohr Discovery Boosts Investment Interests in Mediterranean

Eni’s discovery of the Zohr field on Egypt’s Mediterranean coast has raised foreign companies' interest and attracted potential investments in the deep water areas nearby.

Iran Allocates $6b for Petrochem, Refining Projects

Iran’s National Development Fund has allocated $6b for the execution of petrochemical and refining projects in the current fiscal year ending in March 2016.

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