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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 cuts investment plan for FY 2023/24 by 15%: Elsaid

Egypt has trimmed its investment plan for the current fiscal year of (FY) 2023/2024 by 15%, which represents EGP 45 billion, Minister of Planning and Economic Development Hala Elsaid announced.

Updated 2/19/2024 9:11:00 AM