The World Bank | Egypt Oil & Gas

World Bank Supports Egypt’s Push to Be Regional Energy Hub

In a meeting with two delegations from the World Bank, Minister of Petroleum and Mineral Resources Tarek El Molla stated that the World Bank’s participation in the East Mediterranean Gas Forum (EMGF) as an observe ...

Saudi Aramco to Reduce Gas Flaring to Zero by 2030

Saudi Aramco announced that it was joining the World Bank (WB)'s initiative to reduce gas flaring to zero by 2030, noting that its flaring was already less than 1% of its total raw gas production in the first half ...

Electricity Ministry Participates in Energy Trade Conference

The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, participated in the first Pan-Arab Energy Trade Conference, held on November 6 & 7, 2019.

Egypt Seeks WB Financing for Micro-Buses Replacement Project

Egypt’s Prime Minister, Moustafa Madbouly, has praised the existing cooperation with the World Bank (WB) during his meeting with WB President, David R. Malpass, in Washington. The meeting was also attended by the ...

IFC, Canada to Invest $76m in Jordan’s Solar Plant

The International Finance Corporation (IFC) and the government of Canada will provide a $76m financing package for Fotowatio Renewable Ventures (FRV) to build a new 50MW solar Photo Voltaic (PV) power plant in north ...

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