Al Khair River For Development Agricultural Investment&Envir 0.585 -2.17 % prc
Egypt for Poultry 4.35 -2.03 % prc
Mansoura Poultry 1.34 -2.19 % prc
Cairo Poultry 13.88 -0.14 % prc
Ismailia Poultry 9.66 -0.72 % prc
General Co for Land Reclamation 51.7 -3.71 % prc
Wadi Kom Ombo 94 -0.02 % prc
Foodico 63.75 -1.1 % prc
Fitness Prime 1.62 -1.22 % prc
Vertika 0.78 2.63 % prc
Al Moasher 0 0 % prc
City Lab 0.805 9.97 % prc
Arab For Development and Real Estate Development 1.1 -1.79 % prc
First Investment 2 -2.91 % prc
Meatello 1.8 6.51 % prc
Utopia 29 1.22 % prc
Barbary Investment Group 0.141 -0.7 % prc
International Business Corp 1.53 -0.65 % prc
Rekaz Holding 1.83 -4.19 % prc
Union Pharmacist 2.9 -4.92 % prc
ICMI 2.1 -4.55 % prc
Integrated Engineering Group 0.221 0.45 % prc
El Badr Investment and Development-BID 1.55 2.65 % prc
Al Fanar Construction 2.22 -2.2 % prc
Rights Issue Of Arabian Rocks Plastic Industries-1 0 0 % prc
Egyptian Warehouses 0 0 % prc
Arabian Rocks 0 0 % prc
EGYSTONE 0 0 % prc
Ferchem 0 0 % prc
Heibco for commercial investments & real estate development 0 0 % prc
Lakah Group 0 0 % prc
Tourah Cement 0 0 % prc
DIFCO2 0 0 % prc
Global Telecom 0 0 % prc
Rowad Misr 0 0 % prc
Egyptian Company for International Touristic Projects 0 0 % prc
NBK 0 0 % prc
Egysacom 0 0 % prc
United Arab Stevedoring 0 0 % prc
Modern Company for water proofing (Bitumode) 0 0 % prc
Alexandria Cement 0 0 % prc
Al Ezz Dekheila Steel 0 0 % prc
Suez Cement 0 0 % prc
Modern Shorouk Printing & Packaging 0 0 % prc
Advanced Pharmaceutical Packaging 0 0 % prc
Pachin 0 0 % prc
Nile Cotton Ginning 0 0 % prc
Sohag National 0 0 % prc
Delta Construction & Rebuilding 0 0 % prc
Arab Land Direct Mutual Fund 0 0 % prc
Orascom Construction 310.89 0.29 % prc
El-Nile Co.For Pharmaceuticals And Chemical Industries–Nile1 34.85 2.5 % prc
Rights Issue Of Aspire Capital Holding for Financial Invest 0.05 -5.66 % prc
Macro Group Pharmaceuticals - Macro Capital S.A.E 2.39 -1.24 % prc
Act Financial 3.6 2.86 % prc
Trans Oceans Tours 0.038 -2.56 % prc
Media Production City 26.39 -1.9 % prc
M T I 7.61 -2.56 % prc
Digitize for Investment And Technology 2.95 7.66 % prc
Fawry 8.44 0.36 % prc
E-finance 21.85 -0.77 % prc
Raya Contact Center 7.2 -3.49 % prc
Suez Canal Co for Technology Settling 94.26 -1.39 % prc
Speed Medical 0.384 0 % prc
Marseilia 3.5 -2.78 % prc
Contact Financial Holding 5.1 1.59 % prc
National Drilling 0 0 % prc
Qalaa Holdings 2.54 -2.31 % prc
Arab Co. for Asset Management And Development 0.961 2.78 % prc
Cleopatra Hospital 8.4 -2.89 % prc
Egyptian Modern Education Systems 0.359 -1.1 % prc
Cairo Educational Services 28.11 -3.53 % prc
Alexandria New Medical Center 21.43 -3.42 % prc
Nozha International Hospital 7.89 -0.13 % prc
El Wadi International 0.705 -2.22 % prc
Marsa Marsa Alam 0 0 % prc
Golden Coast 1.11 -4.31 % prc
Sharm Dreams 17.94 1.99 % prc
Egyptian Resorts 5.78 -1.2 % prc
Pyramisa 0 0 % prc
Orascom Development Egypt 15.4 0.98 % prc
Al Rowad 33.21 -4.98 % prc
Remco 3.21 0.31 % prc
Misr Hotels 31.09 -2.66 % prc
A Capital Holding 2.58 0.78 % prc
Orascom Financial Holding 0.368 -1.08 % prc
Egyptians Real Estate Fund Certificates 10.03 -7.56 % prc
ARAB Developers Holding 0.354 -0.84 % prc
EGX 30 INDEX ETF 35.49 0 % prc
Orascom Investment Holding 0.454 3.42 % prc
Grand Investment Capital 9.51 -3.35 % prc
B Investments Holdings 24.21 -2.54 % prc
TMG Holding 62.4 0.73 % prc
Aspire Capital 0.294 -3.29 % prc
Beltone Financial Holding 3.08 0.65 % prc
CI Capital Holding 6.31 -1.41 % prc
Prime Holding 0.63 0.8 % prc
Reacap 7.88 -3.43 % prc
Naeem Holding 0.159 0 % prc
EFG Hermes 23.35 0.26 % prc
Raya 3.34 -0.89 % prc
Egypt Kuwait Holding 0.797 0.89 % prc
Egyptian Kuwaiti Holding-EGP 34.58 1.35 % prc
Al Ahly for Development and Investment 34.62 0.35 % prc
El Kahera El Watania Investment 28.26 -5.64 % prc
EAC 4.43 -0.45 % prc
Osool Brokerage 0.745 -1.97 % prc
AT Lease 4.32 -0.23 % prc
Amer Group 1.29 3.2 % prc
Emaar Misr 8.6 0.35 % prc
GB Auto 14.62 -1.08 % prc
Alexandria National for Financial Investment 23.28 5.87 % prc
Arafa Holding 0.146 4.29 % prc
Arab Moltaqa Investments 2.77 -2.46 % prc
International Co for Investment & Development 3.96 -0.25 % prc
Odin Investments 2.13 5.45 % prc
Saudi Egyptian Investment and Finance 64.92 -5.97 % prc
Incolease 49.2 20 % prc
SODIC 61.59 -0.05 % prc
El Arabia for Land Reclamation 53.88 -2.55 % prc
PHDC 5.89 1.38 % prc
Heliopolis Housing 10.67 1.91 % prc
Madinet Nasr Housing 4.3 -0.69 % prc
El Obour Real Estate Investment 7.82 1.03 % prc
Cairo For Investment And Real Estate Development 14.3 0 % prc
National Real Estate Bank for Development 0.407 0.25 % prc
Gharbia Islamic Housing Development 24.44 -1.69 % prc
Mena Touristic Investment 2.53 -1.17 % prc
Egyptians for Housing 0.38 -0.26 % prc
Real Estate Egyptian Consortium 0.707 -2.48 % prc
Gulf Canadian Real Estate Investment 29.02 -0.03 % prc
National Co for Housing 66.93 1.97 % prc
Al Shams Housing 6.69 -1.47 % prc
Development & Engineering Consultants 56 -1.56 % prc
El Kahera Housing 2.06 -0.96 % prc
United Co for Housing 6.1 -0.16 % prc
ALICO 1.78 -1.66 % prc
Mohandes Insurance 21.51 -0.23 % prc
Faisal Islamic Bank of Egypt 0.999 0.4 % prc
Faisal Islamic Bank of Egypt 40.39 6.99 % prc
Housing & Development Bank 54.28 2.42 % prc
Export Development Bank of Egypt 19 4.4 % prc
Suez Canal Bank 18.8 11.44 % prc
Egyptian Gulf Bank 0.285 0 % prc
SAIB 2.53 19.91 % prc
CIB 82.05 -0.5 % prc
Abu Dhabi Islamic Bank 42.53 -0.12 % prc
Al Baraka Bank 13.94 3.26 % prc
QNB Alahli 33.5 6.69 % prc
Credit Agricole 22.6 4.15 % prc
GTEX For Commercial And Industrial 0.041 2.5 % prc
Taaleem Management Services 9.79 -1.31 % prc
Egypt Free Shops 28.98 -0.58 % prc
El Dawlia Fertilizers 10.24 -0.78 % prc
NUDAP 2.46 -3.91 % prc
Ibnsina Pharma 5.59 1.27 % prc
EGYFERT 65 2.01 % prc
Taqa Arabia 13.88 0.07 % prc
Telecom Egypt 36.15 0.42 % prc
NileSat 6.82 -1.16 % prc
GMC 1.08 -4.42 % prc
Canal Shipping Agencies 23 -0.43 % prc
Maridive 0.365 0 % prc
Alex Cont 23.7 -1 % prc
Egytrans 4.86 -1.02 % prc
Gadwa for Industrial Development 5.43 1.5 % prc
Electro Cable 2.96 -1.99 % prc
Arab Engineering Industries 1.39 0.72 % prc
Elsewedy Electric 90.11 -2.18 % prc
ICON 21.79 1.87 % prc
Arab Valves 3.14 9.03 % prc
Egypt Aluminum 111.2 -0.71 % prc
Acrow Misr 67.9 0.37 % prc
Ataqa 5.06 -1.75 % prc
Egyptian Iron & Steel 39.87 4.98 % prc
Arab Aluminum 14.7 -2 % prc
Medical Packaging 1.35 -0.74 % prc
Sinai Cement 33.22 -1.75 % prc
Misr Cement - Qena 29.1 -1.59 % prc
Misr Beni Suef Cement 46.93 2.02 % prc
South Valley Cement 3.78 -5.03 % prc
Ezz Steel 116 0.87 % prc
Lecico 24.21 1.25 % prc
Remas 0.87 -1.47 % prc
Sheeni 11.2 0.45 % prc
ACC 15.02 1.21 % prc
Gemma 26.52 -0.04 % prc
Rubex 6.73 -0.59 % prc
MOPCO 42.66 -0.58 % prc
Egypt Gas 42.92 -1.92 % prc
Misr Oils & Soap 60.7 1.17 % prc
Kafr El Zayat Pesticides 12 0 % prc
Kahira Pharmaceuticals 102 -2.39 % prc
Egyptian Financial & Industrial 148.95 -0.67 % prc
Memphis Pharmaceutical 62.27 1.24 % prc
Alexandria Pharmaceuticals 314 -0.88 % prc
Nile Pharmaceuticals 54.8 -0.42 % prc
ADCO 105 1.73 % prc
Sabaa 1.54 0 % prc
Extracted Oils 3.16 -1.25 % prc
Misr Chemical Industries 35.52 -0.87 % prc
Kima 8.33 0 % prc
Rameda 3.58 -2.19 % prc
Abu Qir Fertilizers 55.01 -0.34 % prc
Glaxo SmithKline 41.59 -1.23 % prc
Unipack 0.545 -3.71 % prc
Sidi Kerir Petrochemicals 21.32 -0.88 % prc
October Pharma 108 -6.13 % prc
AMOC 8.04 4.01 % prc
Minapharm Pharmaceuticals 166 -0.77 % prc
EIPICO 47.8 -0.62 % prc
Delta for Printing & Packaging 60 -1.96 % prc
Eastern Co 27 -1.35 % prc
El Ahram for Packing 7.67 -3.03 % prc
Rakta 17.99 0 % prc
Dice 2.18 3.81 % prc
Kabo 2.89 -1.03 % prc
Oriental Weavers 28.6 -1.68 % prc
Arab Polvara 7.91 -2.47 % prc
Arab Cotton Ginning 7.8 -1.89 % prc
Goldentex 26 0.12 % prc
SPINALEX 8.48 -1.05 % prc
Obour Land for Food Industries 19.28 -1.58 % prc
Juhayna 33.02 -2.88 % prc
Edita 31.09 -0.7 % prc
Cairo Oils & Soap 0.255 -1.92 % prc
Alexandria Flour Mills 27.28 4.48 % prc
Upper Egypt Flour Mills 300.51 19.97 % prc
General Co for Silos & Storage 243.35 2.85 % prc
Middle & West Delta Flour Mills 280.36 1.48 % prc
South Cairo & Giza Flour Mills 35.6 -0.08 % prc
Middle Egypt Flour Mills 47.7 -0.42 % prc
North Cairo Mills 38.86 1.01 % prc
East Delta Flour Mills 243 12.67 % prc
Sharkia National Food 3.48 6.1 % prc
Arab Dairy 2.77 -1.07 % prc
Ajwa 62.4 0.43 % prc
Delta Sugar 60.82 -0.31 % prc
El Nasr for Manufacturing Agricultural Crops 18.53 -2.11 % prc
Domty 27.5 0.95 % prc
Lift Slab Misr 0.324 -2.11 % prc
Nasr Company for Civil Works 4.04 -0.49 % prc
MB 2.56 -1.92 % prc
Industrial and Engineering Projects 0.268 1.52 % prc
Pioneers Properties 3.54 -1.94 % prc
Tanmiya for Real Estate Investment 3.35 -1.18 % prc
Giza General Contracting 0.445 -2.2 % prc
Elsaeed Contracting 0.989 -2.47 % prc
New Ismailia Urban Development 14.15 0.71 % prc
Egyptians for Investment 0.234 4.93 % prc
Arabia Investments Holding 0.54 -0.74 % prc
Zahraa Maadi 7.47 -0.8 % prc
Iron And Steel for Mines and Quarries 4.37 -0.23 % prc
ASCOM 39.16 -0.25 % prc
Lotus For Agricultural Investments And Development 0.695 3.73 % prc
Atlas 0.771 -1.15 % prc
International Agricultural Products 17.94 -0.83 % prc
Rights Issue Of Memphis Pharmaceuticals &Chemical Industries 0 0 % prc
Rights Issue Of Sinai Cement -2 0 0 % prc
Qalaa for Financial Investments LLC 0 0 % prc
El Shams Pyramids 0 0 % prc
Golden Pyramids Plaza 0 0 % prc
Certificates Of Odin Egyptian Equity Investment Fund-KASAB 0 0 % prc
El Orouba Securities Brokerage 1.1 -4.35 % prc
Saudi Egyptian Investment & Finance 0 0 % prc
Delta Insurance 0 0 % prc
The United Bank 0 0 % prc
Banque Du Caire 0 0 % prc
Damietta Containers & Cargo 0 0 % prc
Port Said Container and Cargo Handling 0 0 % prc
Middle East Glass 0 0 % prc
National Printing 0 0 % prc
Simo 0 0 % prc
Gogreen for Agricultural Investment 0 0 % prc
Al – Ahly Group For Modern Agriculture 0 0 % prc

Egypt signs MoU with UAE’s Dragon Oil to utilize AI in managing Gulf of Suez oil reservoirs

Updated 11/10/2024 4:09:00 AM
Egypt signs MoU with UAE’s Dragon Oil to utilize AI in managing Gulf of Suez oil reservoirs

Arab Finance: Egypt’s Ministry of Petroleum has inked a memorandum of understanding (MoU) with UAE-based Dragon Oil to integrate advanced artificial intelligence (AI) in the management of oil reservoirs at the company’s concessions in the Gulf of Suez, as per a statement.

The MoU outlines collaborative efforts to implement digital solutions powered by AI to optimize data analysis, streamline operations, and improve reservoir management in mature fields within the Gulf of Suez.

These initiatives aim to elevate hydrocarbon recovery rates and meet Egypt's strategic objectives for efficient, sustainable energy development.

Minister of Petroleum Karim Badawi emphasized that the partnership with Dragon Oil aligns with the ministry’s program to incorporate digital transformation and AI into oil and gas operations.

Dragon Oil's CEO Ali Rashid Al Jarwan expressed the firm’s intention to expand its activities in Egypt, particularly within the Gulf of Suez, and voiced interest in acquiring new exploration areas.

Tags
Egypt Oil exploration Cooperation Dragon Oil Oil and gas

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