Day: June 19, 2025

Egypt’s foreign direct investment (FDI) surged in 2024, making it the ninth-largest recipient globally and the main driver of a rebound in investment across Africa, according to a UN report launched in Cairo on Thursday. The World Investment Report 2025 from UN Trade and Development (UNCTAD) showed that Egypt’s performance…

Egypt and Djibouti have officially laid the foundation stone on Wednesday 18 June for the first solar power plant in Djibouti, located in the village of Omar Kaji in the Arta region.  This significant project, announced by the Egyptian Ministry of Foreign Affairs, aims to strengthen energy cooperation between the…

The Egyptian Ministry of Petroleum plans to produce approximately 40 to 50 million cubic feet of natural gas from the Zohr 6 well in Egypt this June. A government official informed Al-Arabiya Business that Italian company Eni is accelerating efforts to begin natural gas production from “Zohr 6” through its…