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The ceremony was held in the presence of Electricity Minister Mohamed Shaker and Norwegian Ambassador to Egypt Hilde Klemetsdal.

Aside from its unique geopolitical significance, Egypt is uniquely positioned too in the global oil market.

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.

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.

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.

Energy Events

HVAC-R Egypt 13.05.2024

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