Tags Result

Dana Gas receives $50M from Egypt to support drilling program

Dana Gas has received a $50 million (AED 184 million) payment from the Egyptian Government, significantly reducing overdue receivables

Updated 1/5/2026 8:17:00 AM
Egypt’s Strategic Sugar Shift: Import Ban and Domestic Production Boom

In a move to protect domestic producers and recalibrate market dynamics, Egypt’s government has imposed a temporary ban on refined sugar imports, signaling a pivotal moment for the country’s agribusiness sector. This decision comes amid a surge in local sugar production that has flooded the market and pushed prices downward.

Updated 11/20/2025 10:59:00 AM
MOPCO plans up to $250M investments to boost production capacity

Misr Fertilizers Production Company (MOPCO) announced plans to inject new investments ranging between $200 million and $250 million during the next fiscal year (FY) 2026/2027.

Updated 11/10/2025 10:33:00 AM
Egypt’s natural gas output sees 1st quarterly rise in 3 years

Egypt’s natural gas production recorded its first quarter-on-quarter (QoQ) increase in three years during the third quarter (Q3) of 2025, according to preliminary data published by Middle East Economic Survey (MEES).

Updated 10/19/2025 8:32:00 AM
KABO signs apparel production deal with Yassin Textile

El Nasr Clothing and Textiles Company (KABO) penned an agreement with Yassin Textile in line with its expansion strategy to reinforce partnerships in the export field

Updated 10/16/2025 9:45:00 AM
Egypt’s natural gas production falls 16% YoY in June

Egypt’s natural gas production dropped by nearly 16% year on year in June, recording 3.416 billion cubic meters, according to data from the Joint Energy Database (JODI) cited by Al Arabiya.

Updated 8/21/2025 8:34:00 AM
Egypt’s oil output falls to lowest level in 4 decades

Egypt’s oil production fell to its lowest level since the early 1980s, dropping to 513,000 barrels per day (bbl/d) in the second quarter (Q2) of 2025, according to a report by the Middle East Economic Survey (Mees), citing Oil Ministry data.

Updated 8/18/2025 7:48:00 AM
Badawi, Polyserve CEO review plans for integrated phosphate project

Minister of Petroleum and Mineral Resources Karim Badawi met with Mostafa El Gabaly, CEO of Polyserve Group for Fertilizers and Chemicals, to review the company’s plan for an integrated project to extract and exploit phosphate.

Updated 8/12/2025 6:41:00 AM
Egypt secures $490M financing for soda ash production project in New Alamein

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a principles agreement to finance the Egyptian Soda Ash Company’s project in New Alamein with about $490 million

Updated 8/11/2025 5:38:00 AM
MOPCO plans to enhance operations due to rising tensions in Middle East

Misr Fertilizers Production Company (MOPCO) has decided to implement an intensive maintenance plan to improve operating conditions

Updated 6/16/2025 7:10:00 AM
Abu Qir Fertilizers plans to enhance operations amid Middle East war

Abu Qir Fertilizers and Chemicals Industries Company (ABUK) decided to implement an intensive maintenance plan for its plants to enhance operating conditions

Updated 6/15/2025 10:29:00 AM
Mansourah Poultry buys poultry farm for EGP 31.4M

Mansourah Poultry (MPCO) has signed a contract to purchase a poultry farm in the East Nubaria area for EGP 31.40 million

Updated 5/20/2025 9:34:00 AM
Saudi Zamil Steel considers boosting production in Egypt

Saudi Arabia’s Zamil Steel is eyeing expanding its production operations in Egypt in terms of the types and quantities of iron produced, with potential plans for expansion into additional markets.

Updated 11/13/2024 8:04:00 AM
Egypt’s steel rebar production up 11.3% YoY in 9 months

Egypt’s production of steel rebar rose by 11.3% year on year (YoY) to 6.403 million tons in the first nine months of 2024.

Updated 11/5/2024 9:54:00 AM
Khalda Petroleum aims to launch $70M diesel production project within FY2024/25

Khalda Petroleum Company (KPC), a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Apache, is planning to launch a new diesel production project within this fiscal year (FY) 2024/25, with investments of $70 million.

Updated 10/23/2024 8:59:00 AM
Sukari Gold Mine’s production up 30% YoY in Q3 2024

The Sukari Gold Mine’s (SGM) production rose 30% year on year (YoY) during the third quarter (Q3) of 2024 to 131,700 ounces.

Updated 10/17/2024 11:09:00 AM
Egypt aims to boost natural gas output by 30% end-2025

Egypt is planning to increase its daily natural gas production by around 30% to 6 billion cubic feet by the end of 2025.

Updated 10/13/2024 8:43:00 AM
Dragon Oil plans to hike production from Egypt's Al Wasl field

The Emirati energy company Dragon Oil is planning to reach an agreement with the Egyptian government to increase production from Al Wasl field.

Updated 10/2/2024 8:46:00 AM
Petroleum Ministry to supply mazut to cement factories as of October 1st

The Ministry of Petroleum and Mineral Resources will provide mazut to cement factories through a centralized distribution system starting Tuesday, October 1st, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El Wazir announced.

Updated 9/30/2024 1:39:00 AM
Petroleum ministry prioritizes boosting investments in Upper Egypt’s petroleum, mining sectors

The development and expansion of investments in the petroleum and mining sectors in Upper Egypt are of top priority on the Ministry of Petroleum and Mineral Resources’ agenda.

Updated 9/24/2024 2:07:00 AM