BP to invest $1.5bn in Egypt gas projects for fiscal year 2026/27
British energy giant BP plans to invest approximately $1.5bn in Egypt during the 2026/2027 fiscal year to fund gas development, exploration, and the drilling of new wells, the company’s executive vice president for gas and low carbon energy, William Lin,
Petroleum Minister holds talks with global energy firms on sidelines of EGYPS 2026
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held a series of meetings with senior officials from leading international energy companies on the sidelines of the ninth edition of the Egypt Energy Show, focusing on expanding cooperation and boosting
Egypt-UK trade reaches £2.8bn in 2025: Investment Minister
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid said Egypt and the United Kingdom are working closely to strengthen their strategic partnership and drive investment in the green economy, reflecting deep-rooted historical and economic ties. Trade between the two
Industrial Control Authority steps up oversight with over 1,000 factory inspections in Q1 2026
Egypt’s Industrial Control Authority (ICA) significantly expanded its regulatory and inspection activities during the first quarter of 2026, according to its latest performance report submitted to Minister of Industry Khaled Hashem. The report highlights the government’s continued efforts to strengthen
Regional escalation deepens as Tehran hit by blasts, diplomacy stalls
Military escalation between the United States and Israel on one side and Iran on the other is intensifying, as diplomatic efforts falter amid continued strikes, mounting casualties, and growing attacks on critical infrastructure. Iranian President Masoud Pezeshkian said any decision
Egypt’s Abdelatty warns of “total chaos” as Cairo coordinates regional de-escalation
Egyptian Foreign Minister Badr Abdelatty condemned ongoing Iranian attacks targeting Gulf states and Jordan on Tuesday, calling for an immediate halt to “unacceptable” strikes that he described as a flagrant violation of international law and the United Nations Charter. In
Brent crude eyes 60% March surge as Trump considers ending military campaign
Global oil prices are on track to record their strongest monthly gain ever as US President Donald Trump indicated he is considering an exit from the war in Iran, even as hostilities continued to disrupt supplies in the Arabian Gulf.
Al-Sisi calls on Putin to support de-escalation in Middle East
Egyptian President Abdel Fattah Al-Sisi said on Tuesday that Russia, given its global influence, could play a key role in ending the ongoing war in the Middle East, warning of the risks of further escalation and regional instability. Al-Sisi made