QatarEnergy announces new expansion of gas exploration operations in Egypt
QatarEnergy has announced a new expansion of its operations in Egypt through a partnership with Italian energy company Eni in the offshore North Rafah concession in the Mediterranean Sea for natural gas exploration. With this addition, QatarEnergy’s portfolio in Egypt
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Dollar’s rise within normal range under flexible exchange rate system: Madbouly
Prime Minister Mostafa Madbouly affirmed on Wednesday that the recent uptick in the US dollar’s value against the Egyptian pound is a normal development within currency markets and poses no cause for concern. He emphasized that Egypt adheres to a