CSR

El-Molla: Petroleum Sector Contributed with Egp 2 Bln to Societal Domains

Published on : 2021-12-16

Minister of Petroleum and Mineral Resources Tarek el-Molla said the petroleum sector's contribution to societal development ventures amounted to more than EGP 2 billion over the past five years.

In statements Tuesday, during a meeting of Canada-Egypt Business Council (CEBC), chaired by CEBC Chairman Eng. Motaz Raslan, the minister said a new strategy is being devised, with a view to prompting the participation of the petroleum sectors' affiliated companies in societal development spheres.

El-Molla said all the sector's societal-related allocations are an essential part of incorporated policies in this regard.

He cited education, training, economic development, health, environment, gender equality , along with taking part in presidential initiatives as key pivots covering the sector's societal development-oriented scheme.

The petroleum sector has more than 120 companies that have marked societal contributions in response to needs of the local areas where they operate, noted the minister.

El-Molla pointed out that the petroleum sector succeeded in luring investments worth of 74 bn in the period between 2014-2021.

A number of petroleum officials and heads of giant world petroleum corporate took part in the meeting among others.

Related Articles

Kuwait Energy Egypt opens Maternity and Childhood Units at Ras Gharib

Kuwait Energy Celebrates the Grand Opening of the Five newly Fully constructed and equipped medical clinics for Maternity and childhood units to serve 75,000 people at Ras Gharib

Read More

Kuwait Energy Egypt grants to support women entrepreneurs in "SHE CAN" Business Scholarship

Kuwait Energy Egypt partners with American University in Cairo, School of Continuing Education, “AUC SCE” to launch the inaugural SHE CAN Business Scholarship that grants for women entrepreneurs enabling them to acquire the essential knowledge and skills to successfully start-up and develop their own businesses.

Read More

El-Molla: Petroleum Sector Contributed with Egp 2 Bln to Societal Domains

Minister of Petroleum and Mineral Resources Tarek el-Molla said the petroleum sector contribution to societal development ventures amounted to more than EGP 2 billion over the past five years.

Read More
Wintershall Deaneptune LogoSIEnppipetrojetTransGlobe SCHNEIDER-ELECTRIChempleEgypt gasNorthAlmansooriSKY CTS exxonmobilSchlumbergerhttps://www.shell.com/Gasco