Economy

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  • Category : Economy
  • Global energy CEOs praise Egypt’s leadership in emerging markets

    Date: 2025-02-17 18:11:17 GMT - Egypt - Economy - SN:50 - ID:11071406

    CAIRO, Feb 17 (MENA) – Global energy executives identified Egypt as a leading emerging market for energy investment, infrastructure, and government-backed growth. Speaking at EGYPES 2025, they discussed energy security, sustainability, and ....

  • Saudi energy min.: Electrical interconnection project with Egypt largest of its kind in the region

    Date: 2025-02-17 17:31:57 GMT - Egypt - Economy - SN:47 - ID:11071205

    CAIRO, Feb 17 (MENA) - Saudi Minister of Energy Prince Abdulaziz bin Salman Al Saud said that the electrical interconnection project between the Egyptian and Saudi power grids is considered the largest of its kind in the region. Comprising 1,200 ....

  • SCZone: foundation stone for 'FBB-Tech' electronics project in Sokhna laid with investments of dlrs 38 mln

    Date: 2025-02-17 17:12:54 GMT - Egypt - Economy - SN:45 - ID:11071101

    CAIRO, Feb 17 (MENA) - The General Authority of the Suez Canal Economic Zone (SCZone) announced the laying of the foundation stone for the project of the Chinese electronics company "FBB-Tech", affiliated with FBB Holding, in partnership with ....

  • Apache says it will increase oil & gas production rates in Egypt

    Date: 2025-02-17 17:07:25 GMT - Egypt - Economy - SN:44 - ID:11071412

    CAIRO, Feb 17 (MENA) - CEO of Apache John Chrisman said that his company seeks to increase oil and gas production rates in Egypt in the coming period, stressing the importance of energy as the key to growth in all fields and industries. Giving a ....

  • Egypt, Saudi Arabia sign cooperation agreement to improve energy efficiency

    Date: 2025-02-17 17:04:09 GMT - Egypt - Economy - SN:42 - ID:11071342

    CAIRO, Feb 17 (MENA) - President Abdel Fattah El Sisi and Cypriot President Nikos Christodoulides witnessed the signing of a landmark energy efficiency agreement between the Ministry of Petroleum and Mineral Resources and the Ministry of Electricity ....

  • Petroleum min. says 105 new development wells drilled

    Date: 2025-02-17 16:51:18 GMT - Egypt - Economy - SN:39 - ID:11071165

    CAIRO, Feb 17 (MENA) – Minister of Petroleum and Mineral Resources Karim Badawi announced that some 105 new development wells have been drilled, which leads to reducing the import bill by USD 1.5 billion every six months as of January 2025. The ....

  • Eni says Egypt-Cypriot agreement on Cronos gas field milestone for Eastern Mediterranean

    Date: 2025-02-17 16:30:51 GMT - Egypt - Economy - SN:35 - ID:11071229

    CAIRO, Feb 17 (MENA) - The Italian oil company Eni confirmed that the agreement signed between Egypt and Cyprus for the transportation of natural gas from the Cronos Gas Field in Cyprus and its processing in Egyptian facilities and liquefaction at ....

  • Egypt, Cyprus sign 2 natural gas agreements

    Date: 2025-02-17 16:24:12 GMT - Egypt - Economy - SN:34 - ID:11071209

    CAIRO, Feb 17 (MENA) - President Abdel Fattah El Sisi and his Cypriot counterpart Nikos Christodoulides witnessed Monday the signing of the first two agreements between the two countries to begin developing natural gas discoveries in Cyprus using ....

  • OPEN// PM asserts Egypt's keenness on enhancing cooperation with Saudi Arabia in energy sector

    Date: 2025-02-17 16:03:44 GMT - Egypt - Economy - SN:32 - ID:11071175

    CAIRO, Feb 17 (MENA) - Prime Minister Moustafa Madbouli asserted Egypt's keenness on boosting joint cooperation with the Kingdom of Saudi Arabia in the energy sector, in a way that helps achieve the development goals of the two ....

  • 8th EGYPES energy show kicks off in Cairo 2 last Cairo

    Date: 2025-02-17 15:56:39 GMT - Egypt - Economy - SN:30 - ID:11071320

    The three-day event is considered a main platform for global dialogue on energy and industry. This edition is seeing the signing of a number of important agreements in the petroleum sector, with an emphasis on efficiency of energy and renewable ....

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