GDP

  • El Molla Participates in UN’s ECOSOC Forum  

    El Molla Participates in UN’s ECOSOC Forum  

    Wednesday, 14th April 2021

    Minister of Petroleum and Mineral Resources, Tarek El Molla, participated in United Nations Economic and Social Council (ECOSOC) forum 2021 via video conference which came under the title of Financing for Sustainable Development, the press release stated.

  • Women Represent 33% of Senior Management in Oil, Gas Sector: El Molla

    Women Represent 33% of Senior Management in Oil, Gas Sector: El Molla

    Monday, 22nd March 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, praised that women represent 33% of the total senior management, and also represent 30% of the total of employment in the oil and gas sector, the press release reported.

  • China’s Oil Throughput Decreases to 14.9 mmbl/d in December

    China’s Oil Throughput Decreases to 14.9 mmbl/d in December

    Monday, 18th January 2021

    Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, jumped up 2.7% reaching 13.51 mmbl/d compared to the previous year.

  • Saudi Mining Sector Increases 3.1% During Q1 2020

    Saudi Mining Sector Increases 3.1% During Q1 2020

    Tuesday, 4th August 2020

    Saudi Mining Sector has achieved growth 3.1% during the Q1 of the current year despite the exceptional circumstances of Coronavirus pandemic.

  • El Molla: Petroleum Sector Contributes 27% of GDP

    El Molla: Petroleum Sector Contributes 27% of GDP

    Wednesday, 29th July 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian Petroleum sector achieved unprecedented production rates of natural gas noting that local consumption rates of oil and gas declined during the previous five months mentioning that petroleum sector carried out 27% of the gross domestic product (GDP) according to the recent data.

  • El Molla: Natural Gas Accounts for 15% of Egypt GDP

    El Molla: Natural Gas Accounts for 15% of Egypt GDP

    Wednesday, 28th November 2018

    Natural gas accounts for 15% of the Egypt's gross domestic product (GDP), Minister of Petroleum Tarek El Molla has said.

  • Egypt’s Budget Deficit Decreases to 1.9% in Q1 2018/19

    Egypt’s Budget Deficit Decreases to 1.9% in Q1 2018/19

    Wednesday, 21st November 2018

    Egypt's budget deficit decreased to 1.9% during Q1 of fiscal year (FY) 2018/19, compared to 2% in the previous fiscal year, stated Minister of Finance Mohamed Maait.

  • Egypt’s Growth to Reach 4.5% in 2017/2018

    Egypt’s Growth to Reach 4.5% in 2017/2018

    Thursday, 11th January 2018

    Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.

  • EBRD Predicts 4.5% GDP Growth

    EBRD Predicts 4.5% GDP Growth

    Wednesday, 8th November 2017

    The European Bank for Reconstruction and Development (EBRD) predicts that Egypt’s economy will grow at 4.5% in fiscal year (FY) 2017/2018.

  • IMF: Economy to Grow 4.5% in FY 2017/2018

    IMF: Economy to Grow 4.5% in FY 2017/2018

    Wednesday, 11th October 2017

    The International Monetary Fund (IMF) projects that Egypt’s economy will grow by 4.5% in fiscal year (FY) 2017/2018.