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Egypt accomplishing 2nd phase of economic reform programme
16 - Sun - Feb - 2020
Egypt accomplishing 2nd phase of economic reform programme
Egypt has successfully completed the first phase of the economic reform programme during the last three years, Egyptian finance minister Mohamed Maait stated on Thursday.The North African country is currently working on the second phase of the programme which includes organisational reforms to promote the economy’s…
Egypt sells EGP 20.5bn T-bills on Thursday
16 - Sun - Feb - 2020
Egypt sells EGP 20.5bn T-bills on Thursday
The Central Bank of Egypt (CBE) on Thursday announced the sale of treasury bills (T-bills) worth EGP 20.5 billion.The sale included 182-day notes worth EGP 10 billion at a yield ranging between 13.5% and 14.13%.​​​​​​​The CBE also sold 364-day notes valued at EGP 10.5 billion…
Egypt’s gas output may record 7.8 BCFPD in FY19/20
16 - Sun - Feb - 2020
Egypt’s gas output may record 7.8 BCFPD in FY19/20
Egypt’s gas production is expected to reach 7.8 billion cubic feet per day (BCFPD) by the end of the fiscal year 2019/2020, Egypt's finance minister Mohamed Maait stated on Thursday, on the sidelines of the Egypt Petroleum Show (EGYPS 2020).The North African country’s gas output rose…
Egyptian oil ministry inks 5 agreements on EGYPS 2020’s 3rd day
16 - Sun - Feb - 2020
Egyptian oil ministry inks 5 agreements on EGYPS 2020’s 3rd day
Egypt’s oil ministry signed five agreements and memorandums of understanding (MoUs) during the third day of the Egypt Petroleum Show (EGYPS 2020).An agreement was signed for the expansion of Western Desert gas complex in Alexandria, according to a statement released on Thursday.A consortium of Enppi…
Aton obtains new gold exploration license in Egypt
16 - Sun - Feb - 2020
Aton obtains new gold exploration license in Egypt
Aton Resources has received licenses at for exploration at Hamama and Abu Marawat concessions in Southern Egypt.“As only the second mining license to be issued since Centamin’s, this is historic news for Aton and Egypt,” said the company’s Mark Campbell, President and CEO.​​​​​​​The license is valid…