Energy Sector

Oil minister: Political, economic stability attracted investments to Egypt

Wed, 29 Jul 2020 - 01:51 GMT

He confirmed that the wise leadership of President Abdel Fattah El Sisi and economic reforms contributed to creating a suitable investment atmosphere.

Egypt signs €151M agreement with AFD to support energy sector

Tue, 16 Jun 2020 - 11:55 GMT

This agreement aims to secure immediate funding from multilateral and bilateral development partners for budgetary support and assistance in mitigating the impact of the pandemic.

DFC provides Egypt with $430M in insurance to Natural gas projects

Sat, 23 Nov 2019 - 01:46 GMT

The insurance will enable Noble Energy Inc. of Houston, Texas to restore the 90-kilometer EMG Pipeline running from the coastal city of Ashkelon, Israel and under the Mediterranean Sea to its destination in Al-Arish, Egypt.

Sisi urges Hungarian companies to invest in energy, industry in Egypt

Mon, 03 Jul 2017 - 05:58 GMT

Sisi has called on Hungarian companies to invest in Egypt in the energy and industry sectors. Egypt is among the countries with the highest investment revenues.