Dragon Oil, a wholly owned subsidiary of the Emirates National Oil Company (ENOC), announced the completion of a major new oil discovery in the Gulf of Suez, Egypt.
Khalda Petroleum Company has announced a new natural gas discovery in the Western Desert, with an estimated production rate of approximately 36 million cubic feet per day (mmcf/d).
The Egyptian Information Technology Industry Development Agency (ITIDA) has announced the signing of 55 strategic agreements with leading multinational and local technology companies in offshoring and IT-enabled services, including Accenture, Deloitte, RSA and Capgemini.
Siemens Mobility unveiled its Velaro high-speed train to the Egyptian public for the first time on Sunday at the TransMEA 2025, the region’s leading exhibition for transportation and logistics in the Middle East and Africa.
Egypt aims for 42 per cent clean electricity by 2030, focusing on solar, wind, and green hydrogen projects, alongside energy efficiency and infrastructure upgrades. Minister Manal Awad discussed these initiatives at the COP30 Leaders’ Roundtable on Energy Transition in Brazil.
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi announced the completion of drilling operations at the Zohr-9 well in the Zohr gas field in the Mediterranean Sea, revealing that the well is expected to produce up to 70 million cubic feet of natural gas per day.
Eni and the Bioenergy Association for Sustainable Development, affiliated with the Ministry of Environment of Egypt, signed in Cairo a cooperation agreement to prepare a comprehensive feasibility study for establishing biogas production units based on the treatment of animal and agricultural waste.
QatarEnergy has completed a farm-in transaction with Eni, acquiring a 40 per cent participating interest in the North Rafah exploration block offshore the Arab Republic of Egypt.
Apex International Energy announced the completion of its sale of all shares in Apex International Energy Holdings I, which owns its upstream oil and gas business in Egypt, to United Energy (Mena).
US President Donald Trump declared "peace in the Middle East" during his speech to a gathering of world leaders in Egypt to inaugurate his plan to end the war in Gaza.
