Zohr facilities will process the gas in Egypt before liquefying at Damietta and shipping it to Europe. Egypt and Cyprus are signing agreements that allow the gas from Cyprus’ offshore…
Prime Minister Mostafa Madbouly stated in October of last year that Egypt has been increasing its efforts to develop the Sinai Peninsula since the beginning of the Israel-Hamas conflict, with…
Egypt intends, with the assistance of foreign partners and the incentives, to resume its oil and gas production levels starting in 2025 Egypt, the third-largest economy in the Arab world,…
By 2035, the nation wants to generate 42% of its electricity from renewable sources like green ammonia. On Sunday, four green ammonia agreements totalling up to $33 billion were inked…
The US dollar, a crucial currency for international transactions, has become increasingly scarce. Egypt, the Arab world’s most populous nation, finds itself in the midst of a severe economic crisis,…
Deutsche Bank is expanding its assistance for the Government of Egypt’s aspirations and proposes for energy transition by becoming a founding member of a committed private sector finance working group.…
The signing was attended by His Royal Highness Prince Abdulaziz bin Salman Al Saud, Saudi Arabia’s Minister of Energy ACWA Power Company signed a memorandum of understanding (MoU) with the…