Prime Minister Mostafa Madbouly witnessed the opening of the National Sinai for Plastic Industries (NSPI) factory in the Bir al-Abd industrial zone in North Sinai, marking a new step in the government’s efforts to expand industrial development across the country.

Minister of Petroleum and Mineral Resources Karim Badawi celebrated the 50th anniversary of the return of the Sinai oil fields to Egyptian sovereignty

Perenco North Sinai Petroleum, a subsidiary of Egypt Kuwait Holding, has signed a new agreement with the Ministry of Petroleum and Mineral Resources to reassign the North Sinai Offshore concession

Minister of Petroleum and Mineral Resources Karim Badawi conducted a field visit to the offshore and onshore facilities of North Sinai Petroleum Company in the Mediterranean Sea.

The Egyptian government is targeting to inject EGP 363 billion into new projects in North Sinai over the coming five years.