Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...

The Egyptian government has successfully issued its second sovereign sukuk, compliant with Islamic Sharia principles, with a total value of $1 billion. The sukuk was offered as a private placement ...

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to several international companies, in a move aimed at boosting investments in oil and gas exploration, according ...

In a weekly cabinet meeting held in New Alamein City, Prime Minister Mostafa Madbouly announced that natural gas supplies will resume this Friday to several factories that had recently suspended ...

Egypt issued $1 billion worth of sukuk (Islamic bonds) in favor of Kuwait last Thursday, with the settlement scheduled for Tuesday, according to a government source speaking to Enterprise. The ...

U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its ...

Remittances from Egyptians working abroad witnessed an unprecedented historic surge during the ten-month period from July to April of FY2024/2025, soaring by 77.1% to reach approximately $29.4 billion ...

Prime Minister, Mostafa Madbouly, said that the government plans to operate three regasification vessels starting from early July, with a total capacity of 2.25 billion cubic feet per day, during his ...

The vessel is part of a government plan to deploy four such ships to enhance LNG import capacity. The Energos Eskimo, the second vessel of its kind after Hoegh Galleon entered service last year, will ...

Al-Mashat said the report echoes global calls to scale up private sector financing for sustainable development, aligning closely with Egypt’s national reform agenda. She pointed to Egypt’s role as a ...