Egypt

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

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

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

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

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

El Molla: Oil price improvement has encouraged foreign companies to intensify exploration in Egypt

Petroleum and Mineral Resources Minister Tarek El Mollah has said that the rise in international prices of oil and liquefied petroleum has encouraged

Petromaint signed a consortium agreement with Drexel and Proger Egypt

As Petromaint new strategy is to seek cooperation partnerships with private sector specialized companies

Shareholder agreement signed to establish Misr Methanol and Petrochemical Company

Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of the founders agreement for the Misr Methanol and Petrochemicals Company, the ministry said in a statement