CAIRO (Reuters) -Egypt's current account deficit more than doubled to $5.9 billion in July-September 2024, compared with $2.8 billion in the year-ago quarter, as Suez Canal revenues remain depressed, ...
DUBAI (Reuters) -Egypt's current account deficit narrowed to $2.1 billion in January to March 2025 from $7.5 billion in the same period a year earlier, the central bank said on Tuesday. The central ...
Egypt plans to drill 480 exploratory oil wells over the next five years under an investment program worth $5.7 billion.
Khalda Petroleum Company, in partnership with U.S. energy firm Apache, has announced three new oil and gas discoveries in Egypt’s Western Desert, according to the Egyptian Ministry of Petroleum and ...
Exxon Mobil Corporation XOM has made a significant natural gas discovery off Egypt’s Mediterranean coast, an area of growing importance for the global energy sector. The find, announced in an emailed ...
US independent Apache has made two new gas finds in Egypt's Western Desert, keeping up an impressive track record of success in the region where the company has strengthened its position as the ...