January 22, 2022

Elsewedy Electric’s unit inks EGP 686M contracts

ArabFinance: Egytech Cables, a 99.98%-owned subsidiary by Elsewedy Electric (SWDY), has signed two new contracts worth KWD 13.2 million (EGP 686......

January 21, 2022

Egypt signs oil deals worth $506 million

Egypt on Thursday signed two oil exploration deals with two companies for at least 506 million dollars, Egypt’s oil ministry announced in a......

January 20, 2022

The world needs smarter policies for the carbon transition to succeed, Crescent Petroleum CEO tells Abu Dhabi Sustainability Week panel.

The energy supply crunch in Europe, Asia and the US this past year has underscored...

January 20, 2022

Egypt’s renewable energy in 2021 amounts to 24,000 GW/h

The production of renewable energy in Egypt during 2021 reached almost 24,000 GW/h, consisting of hydropower 14,000 GW, wind energy 5,400 GW, and......

January 20, 2022

Petroleum Ministry targets EGP 7bn investments for Assiut Oil Refining, Petroleum Pipelines

Minister of Petroleum and Mineral Resources Tarek El-Molla has announced that the new budget of the Assiut Oil Refining Company (ASORC) and the Petroleum......

January 19, 2022

Egypt to raise electrical output to the North Coast by 50% to feed national projects

The Ministry of Electricity and Renewable Energy aims to increase the electrical output to the North Coast by 50% as part of its plan to provide......

January 18, 2022

E-finance’s digital payments arm Khales provides services at Misr Petroleum stations

Misr Petroleum’s gas stations will be offering all financial services of Khales, the digital payments arm of e-Finance, including cash collection......

January 14, 2022

Egypt to build first gold refinery in eastern desert

Egypt is developing the country's mining industry by establishing a gold refinery in the eastern desert region, the Petroleum Minister, Tarek......

January 12, 2022

Dana Gas & Crescent Petroleum achieve 50% gas production growth in KRI over past 3 years

Gas production from Khor Mor field reaches record 452 MMsscf/d, a 50% increase in...

January 12, 2022

Air Supply, KIMA to build medical, industrial gas plant

ArabFinance: Air Supply Group has signed a contract with Egyptian Chemical Industries (KIMA) (EGCH) to establish a new medical and industrial gas......