Egypt slashes energy partner arrears as Eni pledges $2 billion investment

Tue, 31 Mar 2026 - 10:29 GMT

Prime Minister Mostafa Madbouly announced that Egypt has successfully reduced arrears owed to foreign energy partners from $6.1 billion in June 2024 to approximately $1.3 billion.

President Sisi confirms Egypt’s interest enhancing cooperation with Eni

Mon, 17 Feb 2025 - 12:29 GMT

President Abdel Fattah El-Sisi met with the CEO of Eni, Claudio Descalzi, on the sidelines of the Egypt Energy Show (EGYPES) 2025.