GDP | Egypt Oil & Gas

Egypt, World Bank Launch Charter to Lift Mining’s GDP Share to 6%

As part of an initiative covering eight countries, the World Bank (WB) and the Ministry of Petroleum and Mineral Resources (MoPMR) have launched a national charter to develop the country’s mining sector, according to ...

Egypt, WB Discuss Roadmap to Boost Mining Sector’s GDP Contribution

Ahmed Rostom, Minister of Planning and Economic Development, met with Namrata Thapar, World Bank Group Global Director for Metals and Minerals, to outline an integrated framework for advancing Egypt’s mining ind...

EU’s GHG Emissions Drop by 4% YoY

The EU’s fourth-quarter 2023 greenhouse gas (GHG) emissions fell 4.0% year-on-year to 897 million tons of CO2-equivalent, compared to 935 million tons of CO2-eq in Q4 2022. Meanwhile, GDP remained stable with a ...

Egypt Allocates EGP 3.5B to Deliver Natural Gas in FY 2022/23 Budget

The Egyptian Finance Ministry announced that the country has allocated EGP3.5 billion in its budget for fiscal year (FY) 2022/23 to deliver natural gas to the nation’s households. According to the ministry’s pre...

Mineral Oils Exports Hit Record High in 2021

Fuel and mineral oils came on top of the list of Egyptian exports in the first nine months of 2021 with $8.3 billion compared to $4.2 billion in the same period last year, according to the Central Agency for Public Mo...

El Molla Participates in UN’s ECOSOC Forum  

Minister of Petroleum and Mineral Resources, Tarek El Molla, has participated in the United Nations Economic and Social Council (ECOSOC) forum, 2021, under the title ‘Financing for Sustainable Development,’...

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

Minister of Petroleum and Mineral Resources, Tarek El Molla, said that women represent 33% of the total senior management and 30% of the total employment in the oil and gas sector, a press release cited. El Molla̵...

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

China’s crude oil throughput 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 20...

Saudi Mining Sector Increases 3.1% During Q1 2020

Saudi Arabia’s mining sector has achieved a growth rate of 3.1% during Q1 of the current year despite the exceptional circumstances of coronavirus, Saudi Press Agency reported. According to Al Eqtisadiah newspap...

El Molla: Petroleum Sector Contributes 27% of GDP

The Minister of Petroleum and Mineral Resources, Tarek El Molla, said the Egyptian petroleum sector achieved unprecedented production rates of natural gas, noting that that petroleum sector achieved %27 of the gross d...

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