President and CEO of Apache Corp. John Christmann announced on Friday that an ambitious exploration programme is …
Tag:
Petroleum Sector
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Industry & Trade
Foreign investments to increase by 40% in Egypt annually: minister
by Yomna Yasserby Yomna YasserEgypt’s Minister of Investment and International Cooperation Sahar Nasr, predicted that the average foreign direct investment flowing …
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Financial Institutions
Egypt’s GIG studies entering into inward reinsurance arrangements in Gulf
by Yomna Yasserby Yomna YasserEgypt’s Arab Misr Insurance Group – GIG is studying inward requests from Gulf insurance brokers for reinsurance …
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Egyptian petroleum sector is currently executing new refining projects with investments estimated at US$7.7 billion, Petroleum Minister …
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Egyptian petroleum sector has completed the delivery of natural gas to the New Ismailia City in line …
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Industry & Trade
EGPC: Egypt to Import First Natural Gas Shipments by March
by Salma Aymanby Salma AymanIt will import the first natural gas shipments from abroad by the next March, stressing that there …
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Industry & Trade
Egypt’s Petroleum Minister Says EGP60bn Annual Energy Revenues
by Salma Aymanby Salma AymanEgyptian Petroleum Minister Sherif Ismail said the volume of the country’s revenues in energy sector don’t exceeded …
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Banks
Ahli United Bank Opens EGP1.5bn Letters of Credit for Petroleum Sector
by Salma Aymanby Salma AymanAhli United Bank (AUB) has opened letters of credit worth EGP1.5 billion within the first 8 months …
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An official Banking source revealed that the National Bank of Egypt (NBE) is considering financing EGP200 million …
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The latest reports of the Central Bank of Egypt (CBE) showed that the Foreign direct investments (FDI) …