Egypt

Aton commences new RC drilling programme at Hamama West

Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company”) is pleased to update investors on the latest developments at its Hamama West gold-silver project, located in the Company 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), in the Eastern Desert of Egypt.

Egypt signs contract with Siemens to build world 6th largest high-speed rail system

The Egyptian National Authority for Tunnels (NAT) has signed a contract with Germany Siemens Mobility and its consortium partners, Orascom Construction and The Arab Contractors, to build the sixth largest high-speed rail network in the world.

SDX Energy spuds offshore Egypt exploration well

MA-1X is the third and final well in the 2022 South Disouq drilling campaign.

Egypt seeks cooperation with East Mediterranean neighbors to boost gas supplies to Europe

Egyptian Minister of Petroleum and Mineral Resources stated that amounts of LNG pumped from Damietta and Edco plants are contributing to meeting the European Union demand

El-Molla Praises Schlumberger Contributions to Egyptian Petroleum Sector

Minister of Petroleum and Mineral Resources Tarek El Molla met with Schlumberger CEO Olivier Le Peuch where they discussed the company activities in Egypt, particularly the two seismic survey projects in the Red Sea and Gulf of Suez regions.

Sidpec records EGP 251m profits in Q1-22 unaudited financials

Sidi Kerir Petrochemicals (Sidpec) has achieved EGP 251 million in net profit after tax during the first quarter (Q1) of 2022, higher by 65.40% year-on-year (YoY) than EGP 152 million.

Marakez partners with KarmSolar for project in East Cairo

Marakez, a mixed-use real estate developer in Egypt, has inked an agreement with KarmSolar, Egypt solar energy company, to distribute 22 megawatts of power in District Five area in East Cairo.

ABD establishes two factories in Egypt to convert waste into energy to produce 123 MW/hr

Mohamed Hillel, Chairperson of the Egyptian Arab British Company for Dynamic Industries (ABD) said that the company established two giant factories in Abu Khreita to recycle waste and is cooperating with two global industrial entities to convert this waste into energy with investments of €750m.