This move, confirmed by a government source speaking to Asharq Bloomberg, follows BP's hefty investment of over $400 million in drilling two wells.
04.09.2024
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News by
Egypt Today
The International Monetary Fund (IMF) has projected a substantial increase in Egypt's gross international reserves.
04.09.2024
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News by
Ahram Online
The Ministry acted to solve water distribution and management problems in a number of sites on the network of canals across Egypt during the summer.
04.09.2024
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News by
Egypt Independent
This was the second month in a row that businesses increased recruitment amid expectations of more business activity, the survey's results showed.
04.09.2024
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News by
The National News
The paper cited unnamed government sources as saying that the increase in tax revenues is attributed to expanding the tax base.
04.09.2024
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News by
Middle east monitor
Italian energy giant Eni has confirmed it will begin operating three drilling rigs in Egypt starting next week.
04.09.2024
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News by
Ahram Online
As part of this initiative, a delegation from the carbon black company will visit Egypt to assess potential factory locations.
04.09.2024
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News by
Egypt Today
Egypt is in talks with Chinese investors to launch approximately 7 to 8 major projects requiring investments exceeding $100 million.
04.09.2024
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News by
Egypt Today
The government has made strenuous efforts during the past months to make medicines available by facilitating the customs clearance of these medicines.
04.09.2024
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News by
Egypt Independent
The Engineering Export Council of Egypt revealed that engineering industry exports have increased by 29.9 percent since the beginning of the year.
04.09.2024
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News by
Ahram Online
The platform would also provide electronic services to industrial investors, whose presence at any authority would no longer be required.
03.09.2024
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News by
Ahram Online
Egypt is expected to upgrade its energy infrastructure with a €165 million ($183 million) sovereign loan from the EBRD.
03.09.2024
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News by
Transformers magazine
Furthermore, in July 2024 alone, exports surged by approximately 37 percent to $268 million, up from $195 million in July 2023.
03.09.2024
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News by
Egypt Today
The Global Soft Power Index assesses the perceptions of all 193 UN member states, evaluating countries based on eight pillars.
03.09.2024
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News by
Middle east monitor
Egypt’s strategic wheat reserve is sufficient for 5.9 months, Minister of Supply and Internal Trade Sherif Farouk told Asharq Business.
03.09.2024
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News by
Ahram Online
As a reminder, last season’s onion stocks were insufficient in Egypt, driving prices on the local market to unprecedented levels.
03.09.2024
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News by
East Fruit
The new complex will be Egypt's first environment friendly industrial complex, spanning 400,000 square meters.
03.09.2024
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News by
SIS
Africa’s internet economy has the potential to grow to US$ 180 billion by 2025, representing 5.2 percent of the continent’s GDP.
03.09.2024
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News by
W media
The Egyptian government allocated the project to develop this land to two companies affiliated with the Sovereign Fund of Egypt in March.
03.09.2024
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News by
Middle east monitor
Egypt needs some $2 billion worth of gas to cover summer demand through October, according to one of the two sources.
03.09.2024
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News by
Reuters
