The Secretary-General of the Organization of the Petroleum Exporting Countries “OPEC” Haitham Al-Ghais arrived in Baghdad, on a two-day visit.

The Spokesman for the Ministry, Mr. Asim Jihad, said: The visit comes within the framework of bilateral co…

The Khalda Petroleum Company, a subsidiary of Apache, has made a significant oil discovery in the West veops-1 region within the Khalabsha Development Area of the Western Desert, according to a statement released by the Ministry of Petroleum and Mine…

Dr. Rania A. Al-Mashat, the Minister of Planning, Economic Development and International Cooperation, and OKA Hiroshi, Ambassador of Japan to Egypt, held the annual meeting of Egypt-Japan High-Level Policy Dialogue for development cooperation at the …

After seven years of being in the red, the Central Bank of Egypt (CBE) has announced a significant turnaround in its financial performance during the previous fiscal year (FY2023/2024), reporting its first profit since FY2016/2017.

Marking a remarka…

Minister of Finance Taif Sami chaired today a coordination meeting with the international auditing and oversight firm Ernst and Young, to follow up on the ongoing technical plans to merge and organize the work of Rafidain and Rashid Banks and insura…

The Ministry of Petroleum and Mineral Resources has recently initiated a fresh global bidding process for 2024 through the Egyptian Natural Gas Holding Company (EGAS).

This bidding aims to explore natural gas and crude oil in 12 sectors across the Me…

Prime Minister Mostafa Madbouly issued a decree to reappoint Ahmed Elsheikh as the Egyptian Stock Exchange’s (EGX) chairman and Heba ElSerafi as the vice chairman for a one-year term, starting 26 August.

Elsheikh was appointed chairman of the EGX on …