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EGAS and Chevron signed a natural-gas and crude-oil exploration deal for the offshore Lotus area in the Mediterranean. The ministry set minimum investment at $88 million.
Data includedEgypt’s Foreign Ministry condemned the resumption of excavation and military construction in the Quneitra countryside as a violation of Syrian sovereignty. The statement also cited Israeli incursions elsewhere in southern Syria.
Data includedEgypt’s Ministry of Tourism and Antiquities has offered free basic English and German courses for workers in tourism and antiquities. Registration is available through the ministry’s Egypt Tourism and Antiquities Training Platform, EgTAP.
Data includedPrime Minister Mostafa Madbouly reviewed the main features of a new foreign direct investment strategy. The plan includes targets to raise private-sector investment and FDI flows through 2030.
Data includedPrime Minister Mostafa Madbouly discussed seawater desalination projects with ACWA officials. The meeting stated a government target of 10 million cubic metres of desalinated water production per day.
Data includedThe capital-market regulator's director general said about 187,000 physical securities records have been digitised and daily trading regularly exceeds 50 million birr.
Data includedPrime Minister Mostafa Madbouly met on October 4 to review agricultural fertilizer supplies and measures to regulate distribution to farmers. The meeting included the finance, agriculture and industry ministers and officials from relevant bodies.
Data includedA climate project supported women in advocacy and waste management, while its perception survey interviewed 668 people in households and markets.
Data includedPresident Sisi opened the inaugural Alamein–Africa Business Forum in New Alamein. The forum aims to strengthen partnerships among African governments, companies and entrepreneurs.
Data includedAt the Alamein–Africa Forum, Egypt’s investment minister and the Trade and Development Bank Group’s president discussed trade and investment financing. Talks covered Egyptian companies’ expansion into African markets.
Data includedPresident Sisi discussed potential cooperation in energy, fertilizers, chemicals and cement in Egypt with Aliko Dangote, who also chairs the Africa Business Leaders Initiative.
Data includedThe State Minister of Industry said utilization rose to 69.2 percent and import substitution saved nearly USD 5.9 billion in foreign exchange in the past fiscal year.
Data included
