News

New oil find in Abu Sennan yields 1,400 barrels of crude and 1 million cubic feet of gas per day • Egypt invests $1.2 billion to drill 110 wells in 2024/2025 fiscal year • Onshore focus aims to secure ...
Wafa Assurance offers to acquire 51% stake in Cairo-listed Delta Insurance • Deal values Delta at EGP5 billion ($317 million), priced at EGP40 ($2.52) per share • Egypt Kuwait Holding to sell its ...
Twenty Arab and Islamic countries, including Saudi Arabia, affirmed their condemnation and rejection of the Israeli attacks on Iran. In a joint statement released by the Egyptian Foreign Ministry, ...
Minister of Energy and Mineral Resources, Saleh Kharabsheh, affirmed Tuesday the stability and security of the Kingdom’s electricity system, despite the interruption in natural gas supplies caused by ...
The suspension of Israeli gas supplies compounds other economic and political woes for Egypt, which was trying to initiate a ...