The report attributes the decline to weaker global gold prices, a stronger Egyptian pound, and a sharp contraction in the local market premium.
29.06.2026
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News by
Daily News Egypt
The authorities hope to reduce imports and strengthen the country’s export potential by manufacturing its own renewable energy equipment
28.06.2026
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News by
TV Brics
At the center of the global minerals map is China, which controls approximately 52% of global rare earth element reserves.
28.06.2026
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News by
See news
The 200,000 tonnes/year facility was set to become the first SAF production plant in Egypt and across Africa, Axens said on 3 June.
28.06.2026
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News by
ofi magazine
The result also opens up an additional 12 Bcf of potential gas resources across the license area, which the company said it will pursue.
28.06.2026
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News by
drilling contractor
If the plans move forward as intended, the factory would also have an annual production capacity of 2 GW.
26.06.2026
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News by
Egypt Business Directory
Abstracts must be submitted by Thursday, July 9, 2026. Successful authors are expected to be notified in September.
26.06.2026
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News by
Egypt Business Directory
The MoU was signed between China’s SANY Renewable Energy, a leading global manufacturer of wind turbines, and both the EETC and NREA.
25.06.2026
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News by
Egypt Independent
The success of the industry, Badawi added, relies on an integrated system that includes mineral wealth, energy, modern infrastructure and legislation.
25.06.2026
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News by
Daily News Egypt
Nearly 140k tons of Russian fuel oil and vacuum gasoil headed for Port Said for ship-to-ship transfers in May, Reuters says.
24.06.2026
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News by
Enterprise
UAE-based Dana Gas has reported a significant drilling success in Egypt after discovering an estimated 10 billion cubic feet (Bcf) of natural gas.
24.06.2026
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News by
Ahram Online
Norway’s Scatec plans to inject up to $5bn in new investments into Egypt over the next two years, company officials announced.
23.06.2026
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News by
Daily News Egypt
The Med push is part of a wider 101-well exploration program for 2026, with total expected drilling investment of USD 1.31 bn.
22.06.2026
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News by
Enterprise
European lender is appraising a USD 152 mn slice of Alcazar’s wind debt, alongside an undisclosed package for Scatec’s B2B solar lifeboat for Egypt.
22.06.2026
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News by
Enterprise
Egypt's Cabinet has approved an 869-MW wind power project to be developed by French renewable energy company Voltalia SA.
21.06.2026
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News by
renewables now
The refinery will be sited inside a designated Egyptian free zone and is intended to convert raw gold into globally tradable bullion.
21.06.2026
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News by
business front
The bottleneck is whether the national electricity grid can absorb, transmit and manage the power those projects are expected to generate.
19.06.2026
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News by
Egypt Business Directory
The petroleum sector has succeeded in adding approximately 12,000 bpd of crude oil and condensates to the Western Desert's production.
18.06.2026
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News by
Zawya
Madbouly also ordered the immediate implementation of a number of vital infrastructure projects according to specific timelines.
18.06.2026
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News by
Egypt Independent