Egypt aims to drill 100 exploratory wells by 2026 to boost production, Badawi says at AmCham roundtable
Egypt plans to drill more than 100 exploratory wells by 2026 as part of an ambitious strategy to enhance domestic oil and gas production, Petroleum Minister Karim Badawi said on…
Opinion | From “Wilson” to “Chatham House”: Building power through ideas, not armies
Some people make the mistake of assessing the power of major states solely through the strength of their armies, the resilience of their economies, or even the prestige of their…
Opinion | The US-European Rift: How the Iran War Has Exposed the Atlantic Divide
The war on Iran has emerged as one of the key catalysts for deepening tensions between the United States and the European Union, tensions long described as an iceberg, with…
Spending priorities shift in Q4 FY 2025/26 amid exceptional conditions: Finance Minister
Finance Minister Ahmed Kouchouk stated that spending priorities in the state’s general budget for the fourth quarter (Q4) of the current fiscal year 2025/26 have been adjusted in response to…
Industry Minister engages AmCham Egypt to advance US-Egypt trade, investment ties
Egypt’s Minister of Industry Khaled Hashem held discussions with a delegation from the American Chamber of Commerce in Egypt, led by Chairperson Omar Mehanna, to explore ways of strengthening trade…
EGP 10.4bn disbursed under National Veal Project, benefiting over 45,000 breeders: Agriculture Minister
Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that total financing disbursed under the National Veal Project has reached EGP 10.408bn to date, benefiting 45,575 small-scale breeders and young…
Egypt creates executive committee to accelerate digital transformation for investors
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, has ordered the formation of an executive committee to accelerate digital transformation across all ministry bodies to streamline procedures and…
PM Madbouly reviews UPA finances, prioritises settlement of supplier dues
Egypt’s Prime Minister Mostafa Madbouly held a meeting on Tuesday to review the financial position of the Egyptian Authority for Unified Procurement, Medical Supply and Technology Management (UPA), alongside progress…
Eni discovers 2 trillion cubic feet of gas offshore Egypt
Eni has discovered an estimated 2 trillion cubic feet (Tcf) of gas and 130 million barrels of associated condensates in Egypt's Eastern Mediterranean, the company announced. The find was made…
Egypt launches fourth phase of smart green projects initiative
The Egyptian government on Monday launched the fourth phase of the National Initiative for Smart Green Projects (NISGP), as part of ongoing efforts to support the transition to a green…