Investment News in Egypt

Petronas Looking to Increase Investments in Natural Gas in Egypt
Petronas Looking to Increase Investments in Natural Gas in Egypt 6/13/2022 - Minister of Petroleum and Mineral Resources Tarek El Molla discussed the Malaysian Petronas Group's current investments in Egypt with Tengku Muhammad Taufik, CEO, and the accompanying delegation, as w...
SCZONE & British International Investment to Discuss Investment Opportunities
SCZONE & British International Investment to Discuss Investment Opportunities 6/6/2022 - Eng. Yehia Zaki, chairman of SCZONE, received today a British delegation from the British International Investment to discuss investment opportunities in SCZONE within its 4 integrated industrial zone...
SCZONE Signs Several MOUs for more than $10B Investments to Produce Green Fuel
5/13/2022 - Suez Canal Economic Zone (SCZONE) has signed six memoranda of understanding for investments worth US$ 10 billion for green hydrogen and green ammonia projects with major international companies and co...
Investments Estimated at $1.250B in 3 New Projects of Green Petrochemicals
Investments Estimated at $1.250B in 3 New Projects of Green Petrochemicals 5/3/2022 - Minister of Petroleum Tarek el Molla has asserted the petroleum sector took several measures and launched initiatives to support the efforts of energy transformation to cut emissions and preserve the ...
Petroleum min & Eni Discusses Pumping Investments in Gulf of Suez & Nile Delta
Petroleum min & Eni Discusses Pumping Investments in Gulf of Suez & Nile Delta 3/4/2022 - Minister of Petroleum Tarek el Molla discussed with a delegation from Italy’s oil and gas giant Eni the company’s preparations to pump new investments in Egypt’s Gulf of Suez and Nile Delta regions as...
Signature of the Third Amendment to the El Fayum Concession Agreement
Signature of the Third Amendment to the El Fayum Concession Agreement 1/20/2022 - Pharos Energy plc, an independent oil and gas exploration and production company, is pleased to announce that the Third Amendment to the El Fayum Concession Agreement has been signed by His Excellency...
EGP 30B Invested to Develop Public Sector Oil Companies
EGP 30B Invested to Develop Public Sector Oil Companies 1/16/2022 - Minister of Petroleum and Mineral Resources Tarek El Molla said the volume of new investments earmarked to develop the oil companies of the public sector reached for the first time EGP 30 billion in t...
EBRD Promotes Energy Efficiency & Renewable Energy in Egypt
EBRD Promotes Energy Efficiency & Renewable Energy in Egypt 9/9/2021 - - US$ 25 million loan to National Bank of Kuwait Egypt to fund green energy projects
- Projects to support Egyptian small and medium size enterprises and households
- EU grants as well as G...
Oil Minister Confers With Delegation of Amcham of Commerce
Oil Minister Confers With Delegation of Amcham of Commerce 2/9/2021 - Minister of Oil and Mineral Wealth Tarek el Mullah conferred on Tuesday with delegation of the mining committee of the American Chamber of Commerce in Egypt on investment opportunities in the mining s...
Key Naftogaz Priorities in Egypt
Key Naftogaz Priorities in Egypt 8/20/2020 - In order to effectively develop Naftogaz Group assets in Egypt, it is necessary to increase hydrocarbon production at the Alam El Shawish East Western Desert concessionary plot and speed up key infras...
Political, Economic Stability Attracted Investments to Egypt
Political, Economic Stability Attracted Investments to Egypt 7/29/2020 - Minister of Oil Tarek el Mulla said that political and economic stability of Egypt led to increasing foreign investments into the Egyptian energy sector despite the impact of the coronavirus. ...
$2.8bn Value of Investment Costs of Three Refining Projects
$2.8bn Value of Investment Costs of Three Refining Projects 6/24/2020 - The Higher Committee for Petroleum Projects under Petroleum Minister Tarek El Mulla discussed new oil refining projects. ...
APICORP Commits $792B for 2020-2024 in the MENA’s Energy Sector
APICORP Commits $792B for 2020-2024 in the MENA’s Energy Sector 6/15/2020 - - Committed and planned energy investments in APICORP’s 2020-24 investment outlook amount to USD792bn, a USD173mn drop compared to USD965bn in 2019-2023 ...
Egypt's Sisi Discusses Cooperation with Bechtel and BP
Egypt's Sisi Discusses Cooperation with Bechtel and BP 2/11/2020 - President Abdel-Fattah El-Sisi met with the CEO of Bechtel Corporation, Brendan Bechtel, in Cairo, and discussed ways to boost cooperation with the US firm. ...
EBRD Becomes Shareholder in Egypt’s Infinity Energy
EBRD Becomes Shareholder in Egypt’s Infinity Energy 1/15/2020 - The EBRD is investing US$ 60 million to become a shareholder in Infinity Energy S.A.E., one of Egypt’s leading private energy companies through the issuance of new shares. ...
Egypt & ITFC Ink $1.1B Agreement to Support Logistic & Petroleum
Egypt & ITFC Ink $1.1B Agreement to Support Logistic & Petroleum 12/4/2019 - Egypt inked an executive agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB), to support Egypt's essential logistic and petroleum ...
Apache Corp Plans to Increase Investments in Egypt
Apache Corp Plans to Increase Investments in Egypt 10/17/2019 - Apache oil corporation has plans to boost investments in Egypt through using the cutting-edge oil and gas exploration technologies, said John J. Christmann, the President, Chief Executive Officer and ...
Egypt & France Ink Two Grant Agreements Worth €71M
Egypt & France Ink Two Grant Agreements Worth €71M 10/8/2019 - Egypt’s ministers of investment and electricity inked two grant agreements with the French Development Agency (FDA) that aim to boost Egypt’s energy and natural gas sectors with a total of €71 million...
Egypt Seeks More Investments in Mining Sector
Egypt Seeks More Investments in Mining Sector 10/4/2019 - Egypt and two world companies discussed boosting cooperation in the mining domain. ...
EGYPS 2020 Opens New Horizons for Luring Arab, Foreign Investments
EGYPS 2020 Opens New Horizons for Luring Arab, Foreign Investments 9/29/2019 - Minister of Petroleum and Mineral Resources Tareq el Molla has said the Egypt Petroleum Show (EGYPS 2020) is expected to open up new horizons for luring Arab and foreign investments, given the great s...

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