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Egyptian Economy to Recover in 2025: PM
EG >> 1/3/2024 - The Egyptian economy is set to fully recover from its current crisis in 2025, Prime Minister Mostafa Madbouly stated in a press conference.

The government is planning to reduce inflation to...
Egypt's Exports Surge 19.4% in 2022, Exceeding $52 Bln: CAPMAS
EG >> 12/10/2023 - Egypt’s exports increased by 19.4 percent in 2022 to reach $52.1 billion, up from $43.6 billion in 2021, according to the data released by the Central Agency for Public Mobilization and Statistics (CA...
Suez Canal Economic Zone, Shell Talk Cooperation on Green Hydrogen Projects
EG >> 9/20/2023 - Chairman of the General Authority for the Suez Canal Economic Zone, Walid Gamal El Din, concluded his visit to the Kingdom of the Netherlands, after holding extensive meetings with major international...
Navigation Through Suez Canal Back to Normal After Broke-Down Tankers Towed: SCA
EG >> 8/23/2023 - Navigation through the Suez Canal has been back to normal after tugboats managed to tow the two tankers that slightly collided and broke down in the global waterway, disrupting traffic.

In ...
Egyptian Fertilizer Producers Report Marginal Impact After Natural Gas Supply Reductions
EG >> 8/2/2023 - Seven Egyptian fertilizer manufacturers reported a marginal to moderate impact on operations following the Ministry of Petroleum's decision to reduce natural gas supplies to fertilizer factories by 20...
Petroleum Min. Probes LNG, Green Hydrogen Cooperation With Germany
EG >> 3/12/2023 - Egypt is expected to announce its national strategy for green hydrogen production soon, Minister of Petroleum and Mineral Resources Tarek El Molla said .

Molla was speaking during a meeting...
CAPMAS: Egyptian Exports Jump By 23.3% in 10 Months to Register Dlrs 42.8bn
EG >> 1/14/2023 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that Egypt's exports to world countries registered dlrs 42.8 billion in the first ten months of 2022, compared to dlrs 34.7 bill...
EGYPS 2023 Set to Drive The Energy Transition Conversation
EG >> 1/9/2023 - With the global energy transition underway, the sixth edition of the Egypt Petroleum Show (EGYPS) returns to Cairo from February 13-15 2023 at the Egypt International Exhibition Center to propel the d...
'The Economist' Highlights UAE's Energy Transition Efforts
AE >> 12/22/2022 - The UAE's energy transition efforts have been highlighted in a detailed article by ‘The Economist', where the renowned British weekly newspaper affirmed that the Gulf national oil companies' investmen...
Egypt: Economic Wish List For 2019
EG >> 1/2/2019 - The new year brought with it not just greetings but also jokes about how broke many people have become and how little their monthly salaries can last.

After two years of economic reforms, a s...
UAE Says Qatar's Decision to Leave OPEC Admission of Decline of Doha's Role
AE >> 12/3/2018 - The United Arab Emirates said Doha's decision to leave OPEC was a reflection of the decline of its influence.

"The political aspect of Qatar's decision to quit OPEC is an admission of the de...
Egypt, Cyprus Sign Agreement to Construct Gas Pipeline worth $800 Million
EG >> 9/19/2018 - Egypt and Cyprus signed an agreement to construct a direct marine pipeline to transfer natural gas from the Cypriot Aphrodite field to Egypt and then to be re-exported to different markets, statement...
Adnoc Seeks To Strengthen Partnerships in Japan
AE >> 8/8/2018 - Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, met , with Hiroshige Seko, Minister of Economy, Trade and Industry, as part of a series of meetings, with government offici...
Robust UAE-Japan Relations Based On Friendship, Mutual Cooperation And Harmony Of Interests: Report
AE >> 4/29/2018 - The United Arab Emirates and Japan are bound by time - honoured, deeply-rooted relations that have been in a steady growth over the past 46 years thanks to the determination of both countries’ leaders...
Robust UAE-Japan Relations Based On Friendship, Mutual Cooperation And Harmony Of Interests: Report.
AE >> 4/29/2018 - The United Arab Emirates and Japan are bound by time - honoured, deeply-rooted relations that have been in a steady growth over the past 46 years thanks to the determination of both countries’ leaders...
Kuwait's Trade Surplus with Japan Down 1st Time in 14 Months
KW >> 3/19/2018 - Kuwait's trade surplus with Japan tumbled in February and went down for the first time in 14 months due to weak exports, the Japanese Finance Ministry said .

Kuwaiti overall exports to Japan...
President Sisi Says Dream of Turning Egypt into Regional Energy Hub is Becoming Reality
President Sisi Says Dream of Turning Egypt into Regional Energy Hub is Becoming Reality EG >> 2/21/2018 - Sisi commented on the controversial $15 billion gas deal brokered between Egyptian and Israeli gas companies, saying that Egypt has 'nothing to hide' about the agreement.

Egypt's President Ab...
Egypt To Accelerate Development Of Zohr Gas Field: Minister Of Petroleum
EG >> 2/1/2018 - Egyptian Petroleum Minister Tarek El-Molla said his country is seeking to complete the development of the new Mediterranean Zohr gas field by the beginning of 2019, ahead of the previously scheduled d...
Kuwait's Trade Surplus with Japan Nearly Doubles
KW >> 1/24/2018 - Kuwait's trade surplus with Japan nearly doubled to JPY 55.0 billion (USD 501 million) from a year earlier in December, as exports remained strong, Japanese Finance Ministry said .

The surpl...
Kuwait's Trade Surplus with Japan Up 14.7 Pct
KW >> 12/18/2017 - Kuwait's trade surplus with Japan increased by 14.7 percent from a year earlier to JPY 31.8 billion (USD 282 million) in November, up for the 11th month, thanks to solid exports, the Japanese Finance ...
Egypt: Pumping Operations Begin at Egypt’s Giant Zohr Gas Field
Egypt: Pumping Operations Begin at Egypt’s Giant Zohr Gas Field EG >> 12/17/2017 - Pumping operations began on Egypt's super-giant Zohr gas field, bringing the country closer to achieving its goal of self-sufficiency in the supply of liquefied natural gas (LNG).

Experimenta...
Algeria-Egypt: Talks on Sale of LPG and LNG in Egypt
DZ >> 12/10/2017 - ALGIERS- Minister of Energy Mustapha Guitouni held talks in Kuwait with Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla.

The two ministers discussed the opportunities of...
Kuwait: Al-Zour Complex to Maximize Economic Return of Oil
KW >> 12/7/2017 - Al-Zour Refinery is the only one in Kuwait designed to process Kuwaiti heavy crude oil, gaining it strategic importance to maximize the economic return of oil wealth, Minister of Oil Essam Al-Marzouq ...
Saudi Aramco IPO on Track For 2018
SA >> 10/5/2017 - A plan to list Saudi Aramco in 2018 is on track, senior Saudi officials said in Moscow , as Saudi Arabia gears up to sign a string of investment agreements with Russia.

The plan to float arou...
Sanctions Slashed Qatar Imports in June, Non-Gas Exports Affected
QA >> 7/30/2017 - Sanctions imposed by three other Gulf states and Egypt slashed Qatar's imports by more than a third in June while exports excluding its vital shipments of liquefied natural gas (LNG) were also disrupt...
Kuwait's Trade Surplus with Japan Jumps 46.1 Pct
KW >> 7/20/2017 - Kuwait's trade surplus with Japan expanded by 46.1 percent from a year earlier to JPY 25.6 billion (USD 228 million) in July, up for the sixth month in a row, thanks to brisk exports, the Japanese Fin...
Kuwait's Trade Surplus with Japan Nearly Doubles
KW >> 6/19/2017 - Kuwait's trade surplus with Japan nearly doubled to JPY 48.2 billion (USD 433 million) from a year earlier in May, as exports remained strong, the Finance Ministry said

The surplus jumped b...
Qatar Petroleum, Shell Sign LNG Deal
QA >> 6/14/2017 - Qatar Petroleum's Wave LNG Solutions and Shell Gas and Power Developments B.V. (Shell) signed a framework agreement to develop liquefied natural gas (LNG) marine fueling or bunkering infrastructure at...
Kuwait's Trade Surplus with Japan More Than Doubled
KW >> 5/22/2017 - Kuwait's trade surplus with Japan more than doubled to JPY 42.2 billion (USD 379 million) from a year earlier in April thanks to strong exports, the Japanese Finance Ministry said

The surplu...
Sahr Nasr Mamish Discuss Pumping Investments in Suez Canal Axis Development Project
Sahr Nasr Mamish Discuss Pumping Investments in Suez Canal Axis Development Project EG >> 4/18/2017 - Investment and International Cooperation Minister Sahr Nasr had a meeting with Head of the Suez Canal Authority (SCA) Mohab Mamish on pumping new investments in the Suez Canal Axis Development Project...
Kuwait's Trade Surplus with Japan Up More Than 2.6 Times
KW >> 3/22/2017 - Kuwait's trade surplus with Japan expanded more than 2.6 times from a year earlier to JPY 54.9 billion (USD 492 million) in February, up for the second month in a row, the Japanese Finance Ministry sa...
Egypt Plans Currency Swap with Russia
 Egypt Plans Currency Swap with Russia EG >> 1/24/2017 - The Egyptian government is considering signing a currency swap agreement with Russia, following in the footsteps of its agreement with China in October, an senior Finance Ministry official told Al Mal...
Kuwait's Trade Surplus with Japan Down 1st Time in Three Months
KW >> 12/19/2016 - Kuwait's trade surplus with Japan shrank 6.6 percent from a year earlier to JPY 27.7 billion (USD 236 million) in November, down for the first time in three months due to weak exports, the Japanese Fi...
Sherif Ismail has meeting with ENGIE GLOBAL LNG company's representatives
Sherif Ismail has meeting with ENGIE GLOBAL LNG company's representatives EG >> 9/1/2016 - PM Sherif Ismail met with Mr. Philip Oliver, executive president of the ENGIE GLOBAL LNG which operates in the field of energy. This was in the presence of the engineer, Tarek Al Mullah, Minister of P...
Egypt's Gas Projects to Increase Production to 5.5-6 bln cfd
EG >> 5/22/2016 - Egypt will increase its natural gas production to between 5.5 and 6 billion cubic feet per day (cfd) by the end of 2019, Oil Minister Tarek El Molla said on Sunday, up from the current 3.9 billion cfd...
Kuwait:NBK Expects KD 3.9 Deficit in Fiscal year of 2015/16
KW >> 1/8/2016 - The fiscal year of 2015/16 will close with a deficit of KD 3.9 billion (USD 12.7 billion) or 9.8 percent of GDP, National Bank of Kuwait (NBK) predicted.

The interim public finance figures fo...
Iran in talks with Oman on Gas Exports
IR >> 11/23/2015 - Iranian Oil Minister Bijan Namdar Zanganeh held talks with Oman's Minister of Oil and Gas Mohammed bin Hamad Al-Rumhi to discuss the possibility of exporting Iranian gas through Oman.

Mana...
Kuwait's Trade Surplus with Japan Down nearly 90%
KW >> 11/19/2015 - Kuwait's trade surplus with Japan narrowed 89.8 percent from a year earlier to JPY 10.9 billion (USD 89 million) in October, shrinking for the fifth month, as exports marked the biggest percentage dro...
Egypt to Become Regional Center of Energy
EG >> 10/25/2015 - Minister of Petroleum and Mineral Resources Tareq el Molla said on 24/10/2015 Egypt will be a regional center for energy of oil and natural gas.

At a press conference, the minister added t...
Dubai Chamber Examines Business Opportunities in Angola
AE >> 9/9/2013 - H.E. Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber of Commerce and Industry, urged businesses in the emirate to move towards African markets as the continent holds significant potential for th...
UAE Remains Top Mideast Market for Japan
AE >> 1/2/2013 - The UAE maintained its position as the largest Middle East market for Japanese products in the first 10 months of 2012 while it was the second regional exporter to the Southeast Asian giant, according...
Collaboration between UAE Government, Industry and Academia
AE >> 11/29/2012 - The first Emirates Green Building Council (Emirates GBC) Annual Congress has called for closer collaboration between the government, industry and academic institutions to promote sustainable developme...
Qatar Plans to Invest USD 18 billion in Egypt
QA >> 9/6/2012 - Qatar's Prime Minister and Foreign Minister HE Sheikh Hamad bin Jassim bin Jabor Al Thani said that the directives of HH the Emir Sheikh Hamad bin Khalifa Al Thani, HH the Heir Apparent Sheikh Tamim b...
Qatar to Build Harrods Hotels in Malaysia, Paris, London
QA >> 7/4/2012 - Gas-rich Qatar's sovereign wealth fund plans to build luxury hotels in Malaysia, Paris, London and China named after Harrods, the world's famous department store, a report said Wednesday. Under a $636...
Algeria, Qatar Sign Mining MOU
QA >> 11/29/2011 - Algeria and Qatar signed a Memorandum of Understanding (MoU) over mining cooperation. The MoU was signed by officials in the Algerian and Qatari mining companies, on occasion of Qatari minister of ene...
Study for Export of Natural Gas Via Greece
EG >> 5/7/2006 - Egpyt and Greece signed an MOU for oil and gas exploration and exploitation, in addition to discussing the best economic means to transfer and export gas` to Greece either through LNG, CNG or pipelin...
Egypt is Now Among The Top 6 Producers of Natural Gas in The World
EG >> 4/18/2006 - President Mubark has inaugurated Idku complex for LNG, the largest project in Egypt. Egypt is among the top 6 producers of Natural gas in the world. The complex was built over 390 feddans on the Medri...
Shell Purchase Its First LNG Shipment From Egypt
Shell Purchase Its First LNG Shipment From Egypt EG >> 6/23/2005 - Shell Gas and Power has purchased its first LNG shipment from the gas liquefaction plant in Idku. Shell’s LNG tanker Granatina carried the 138,000 square cubic meter shipment, which is bound to the Un...
First Shipment Achieved at World's Largest Capacity LNG Train in Egypt
EG >> 2/2/2005 - HOUSTON, Texas – KBR, a subsidiary of Halliburton , and its joint venture partners are celebrating the successful achievement of the first LNG shipment from the SEGAS LNG liquefaction facility located...
$600 million for the Egyptian LNG project in Idku
EG >> 5/10/2004 - Cairo – May 10, 2004 – British Gas, Petronas and Gaz De France have finalized the agreement of financing the first train of the Egyptian LNG plant In Idku which has a total value of $950 Million

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