MPED | Egypt Oil & Gas

MPED: Petroleum Sector Targets Investments of EGP 99.6B during FY 2023/24

Egypt’s Ministry of Planning and Economic Development (MPED) outlined a significant investment plan for the petroleum sector in its fiscal year (FY) 2023/24 report. The plan allocates EGP 99.6 billion for extrac...

MPED Reviews Government Green Initiatives, Programs for FY 2022/23

The Egyptian Ministry of Planning and Economic Development (MPED) issued a report on government initiatives and programs directed at environmental improvement and the transition to a green economy, with the plan for t...

MPED Allocates EGP 4.9 B to Alexandria’s Petroleum Sector in FY 2020/21

The Ministry of Planning and Economic Development (MPED) allocated EGP 4.9 billion of investments to the oil and gas sector in Alexandria during the fiscal year (FY) 2020/21;  29. 5% of total investments in the govern...

Petroleum Sector Receives Investments of EGP 60.6 B in FY 2020/21

The Minister of Planning and Economic Development (MPED), Hala Al Saeed, said that EGP 60.6 billion of investments were allocated to upgrade the petroleum and mineral resources sector during fiscal year (FY) 2021/2020...

Al-Sisi Calls For Upgrading Mining Sector

President Abdel Fattah Al-Sisi called for the upgrading of the mining sector, Bassam Rady, the Presidential Spokesperson stated. This came during a meeting between the president and several ministers where they discus...

Monday Minutes: Economic Snapshot

Monday Minutes: A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience. May 11 to May 18 Coverage: CBE is allowing construction companies with annual revenu...

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