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ADES has secured a new drilling assignment for one of its rigs off the coast of Egypt with Suez Oil Company (SUCO).
07.05.2024 offshore energy
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The cuts started as Egypt allocated more of its gas production for export to raise scarce dollars, importing polluting fuel oil to keep some power.
06.05.2024 Arab News
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The new award follows the group’s recent contracts in Qatar and Thailand, slated to commence operations in the second half of 2024.
06.05.2024 Zawya
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Egypt has entered into agreements for two wind energy projects west of Sohag, involving foreign direct investments (FDI) totaling an estimated $9 bln.
05.05.2024 economy middle east
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On the other hand, the report showed that bullion demand in Egypt decreased by 36 percent in the 1Q of 2024 to reach 5.2 tons.
02.05.2024 Ahram Online
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Aside from its unique geopolitical significance, Egypt is uniquely positioned too in the global oil market.
02.05.2024 oil price
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The ceremony was held in the presence of Electricity Minister Mohamed Shaker and Norwegian Ambassador to Egypt Hilde Klemetsdal.
02.05.2024 Ahram Online
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Hanoura added that 17 consortia have qualified for the tender since nearly a year ago, and they will be notified to obtain the tender documents.
30.04.2024 Egypt Today
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Dr. Farid added that these funds also provide a hedge against price volatility through participation in a structured and secure investment.
29.04.2024 See news
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There is no final decision yet regarding whether or not to extend the initiative to exempt gold imported for personal use from customs after 10 May.
29.04.2024 Egypt Independent
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