Egypt

Misr Chemical Industries to pay EGP 1/shr dividend for FY20/21

The ordinary general meeting (OGM) of Misr Chemical Industries approved a cash dividend of EGP 1 per share or a total of EGP 73.12 million for fiscal year (FY

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Shell sells Egyptian Western Desert assets

The Egyptian assets comprise 13 concessions, including five exploration areas owned and operated by Bapetco

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General Petroleum daily output hits record of 74k barrels of oil equivalent

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, headed the general assembly of General Petroleum Company (GPC) to approve the

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CIB Business Banking Signs a New 5-Year Deal with Visa

The new strategic agreement will provide business banking customers with a host of financial and non-financial services for their businesses to thrive

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Khalda makes four new petroleum discoveries in FY20/21

Khalda Petroleum Company made four petroleum discoveries during fiscal year 2020/2021 with total reserves of about 21 million barrels of oil equivalent

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El-Hamra Port handles 82m barrels of crude oil in a year

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, affirmed that developing petroleum

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Egypt looking to export gas to supply Lebanon with power

Egypt aims to export natural gas as soon as possible to supply Lebanon with power, according to a statement today

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Egypt, Cyprus agree to expedite work on gas pipeline connecting both countries

Egyptian President Abdel Fattah alSisi and his Cypriot counterpart Nicos Anastasiades agreed on the importance of speeding work on a pipeline project that will connect the Cyprus Aphrodite gas field with Egypt liquefaction stations in Idku and Damietta

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