Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has affirmed the government’s commitment to ensuring a stable and sustainable supply of natural gas this summer, particularly for the electricity and industrial sectors. His remarks came during an inspection of the National Advanced Transmission and Automation Centre (NATA), as the country faces soaring electricity loads […]
Tag: SUMED
KSA, Egypt Sign Multi-Billion Investment Agreements
King Salman’ maiden visit to Egypt since his enthronement was highlighted by the establishment of a multi-billion investment fund alongside other investment agreements including an economic free-zone in the Sinai. Egypt has often turned towards Gulf States for support but it seems that the oil-rich kingdom is changing its strategy by adopting an investment approach […]

