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Carbon Holdings sponsors Squash World Champions Ali Farag and Nour El Tayeb
Oil & Gas

Carbon Holdings sponsors Squash World Champions Ali Farag and Nour El Tayeb

Sponsoring the Egyptian squash duo reflects Carbon Holding’s commitment to supporting young athletes as part of the company’s mandate to positively impact Egyptian society. Carbon Holdings, a leading integrated petrochemicals producer in Egypt, is pleased to announce that it signed a sponsorship agreement with Egyptian world squash champions Ali Farag and Nour Al Tayeb as … Continue reading

ADIA to invest $2 billion in Egypt’s electricity, oil & gas sectors
Electricity & Power / Oil & Gas

ADIA to invest $2 billion in Egypt’s electricity, oil & gas sectors

UAE’s ADIA to invest USD 2 billion in Egypt’s electricity, oil, and infrastructure in 2H2018: The Abu Dhabi Investment Authority (ADIA) is planning to invest USD 2 billion in Egypt’s electricity, oil, and infrastructure sectors in 2H2018, the head of the Arab Union for Direct Investment (AUDI) Mohamed Sameh tells Ahram Gate. Investments from the … Continue reading

CAPMAS: Egypt achieves 800 Oil & Gas discoveries in 15 years
Oil & Gas

CAPMAS: Egypt achieves 800 Oil & Gas discoveries in 15 years

Egypt’s Petroleum Ministry achieved around 800 new oil and gas discoveries starting fiscal year (FY) 2001/02 and until 2015/16. During this period, the ministry achieved 520 crude oil discoveries, according to figures from state statistics agency CAPMAS. Fiscal years 2011/12 and 2012/13 saw the largest crude oil discoveries, with an average of 57 discoveries each … Continue reading