Tag : Mediterranean

Egypt and UAE forge $150 billion investment partnership
Business

Egypt and UAE forge $150 billion investment partnership

manamalive.com
In a groundbreaking move, Egypt and the United Arab Emirates (UAE) have inked a historic investment partnership agreement aimed at transforming the Ras al-Hikma peninsula, situated west of Alexandria, into a premier global destination. This...
Egypt to expand Zohr field with 25 new wells
Business

Egypt to expand Zohr field with 25 new wells

manamalive.com
Egypt is aggressively expanding its natural gas exploration activities, earmarking a robust $1.9 billion for drilling 45 new exploratory wells in the Mediterranean and Nile Delta regions by mid-2025, the Cabinet confirmed in a statement...