Minister of Investments | Egypt Oil & Gas

El Molla Signs Agreement with EBRD

Egyptian Minister of Petroleum, Tarek El Molla, signed a cooperation agreement on May 22 with the Egyptian Minister of Investments, Sahar Nasr, and the European Bank for Reconstruction and Development (EBRD).

Egypt Approves a $648 M Deal with EU

Egypt’s government approved signing three vital international agreements, including around $647.83 million deal with the European Union (EU).

Egypt, China Sign Energy Contract

The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, signed an investment agreement with China to boost the capacity of the electricity local grid.

Transgaz to Send Delegation to Egypt

The Romanian Transgaz Company indicated interest in establishing a factory in Egypt.

Egypt to Hire IPO Adviser

Egyptian authorities are in talks with local and international investment banks to be advisers for the IPO program.

Egypt Signs AFESD Funding Agreement for Solar Plant

The Egyptian Minister of Investments, Sahar Nasr, signed an Arab Fund for Economic and Social Development (AFESD) agreement worth $85m.

Egypt Receives $1b from WB

The World Bank (WB) announced that it released $1b to Egypt as the second tranche of its $3b loan agreement signed with the Arab country in December 2015.

Enppi, AMOC to Go Public

Engineering for the Petroleum & Process Industries (Enppi) and Alexandria Mineral Oils Company (AMOC) will launch an initial public offering (IPO) during 2017.

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