News

Egypt is set to lease a German floating regasification unit to enhance its energy infrastructure. To finalize the contractual terms, an Egyptian

The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Egypt’s Extended Fund Facility (EFF) arrangement. This

The International Monetary Fund (IMF) has completed the fourth review of Egypt’s Extended Fund Facility (EFF), unlocking US$1.2 billion in support.

The facility, being developed by France’s EDF and UAE-based Zero Waste, will largely provide ammonia fuel for ships traversing the Suez Canal

The

On 19th February, H.E. Hani Sweilam, Egypt’s Minister of Water Resources and Irrigation with Mario Sander, Head of the Middle East and North Africa

BP has made a major oil and natural gas discovery in the King Mariout offshore block in Egypt’s northern Mediterranean, confirmed by Egypt’s Prime

The American company Apache plans to invest $3.5 billion in Egypt over the next five years for exploration and production in the Western Desert.

The International Monetary Fund (IMF) plans to provide Egypt with $1.3 billion in additional funding under the Resilience and Sustainability Program,

On Monday, 13th January 2025, H.E. Hassan ElKhatib, Egyptian Minister of Investment and External Trade announced that Egypt will launch two phases

The second phase of the Macro-Financial Assistance mechanism by the European Union (EU), includes 4 billion euros in budget support and 1.8 billion