investment | Egypt Oil & Gas - Part 21

Egypt’s Renewable Sector Held Back by Currency Instability

Mohamed El Sobki, chairman of Egypt’s New & Renewable Energy Authority (NREA), stated at the event Tuesday that the country was targeting 18,000 megawatts of renewable energy projects.

Investments worth $47bn to Be Pumped in the Petroleum Ministry

According to the Egyptian Petroleum and Mineral Resources Minister Sherif Ismail, the energy sector is estimated to receive investments worth $47bn over the next five years.

Frontier Brings Oil, Gas Recruitment Experience to Gurgaon, India

Frontier International, a specialist in international oil and gas resourcing, has opened its first office in India.

Egyptian Investment Minister Expects FDI to Double, Promises Greater Reforms

Egypt expects the amount of foreign investment it attracts to double to $8 billion this fiscal year and is preparing a string of reforms to raise that further in coming years, its investment minister said on Monday.

Tanzania, Mozambique Emerge as Africa’s New Frontiers

Africa's energy industry could boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract enough badly needed investment, a report said recently.

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