WB | Egypt Oil & Gas

Egypt, WB Discuss Emissions Reduction Initiatives

The meeting discussed the regional activities currently being implemented in the eastern Mediterranean region, efforts to transform energy, reduce emissions, and achieve maximum utilization of gas resources in the ...

El Molla, Finance Institutions Discuss Natural Gas Delivery

The meeting discussed the updates of the national project designed to connect households to the natural gas national grid, in which both the World Bank and AFD contribute in funding, along with the European Union ...

El Molla Discusses New Projects with World Bank

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, joined Riccardo Puliti, Senior Director of Energy & Extractives at the Wold Bank (WB), and accompanying delegation to discuss oil and gas p ...

Egypt’s Growth to Reach 4.5% in 2017/2018

Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.

Egyptian, World Bank Officials Meet to Discuss Cooperation

Egyptian and World Bank officials met to review oil and gas projects that have received World Bank financing and to discuss future investment opportunities.

MIGA to Provide $210M in Guarantees for Solar Project

The Executive Board of the Multilateral Investment Guarantee Agency (MIGA) approved $210 million worth of financial guarantees for international companies participating in an Egyptian solar project.

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