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Economy Brief: Petroleum: Completing the procedures to start exporting gas to Lebanon

by Khalaf Elbana
5 May، 2022
in Misc
0

Today, Thursday, 4/14-2022, the “Seventh Day” website published a set of important economic news, including the announcement of the Ministry of Petroleum about the completion of the necessary procedures for exporting gas to Lebanon, as well as the announcement by the Ministry of Trade of COMESA’s approval of the initiative to achieve regional industrial integration among the grouping countries. …and other news.

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Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, received Dr. Walid Fayyad, the Lebanese Minister of Energy and Water, and the accompanying delegation visiting Cairo. During the meeting, the two sides discussed and reviewed the terms of the contract for the agreement to supply Egyptian gas to Lebanon, which witnessed consensus on most of the terms of the agreement, and the necessary procedures are currently being completed. To start exporting gas to brotherly Lebanon.

Dr. Muhammad Omran, Chairman of the Financial Supervisory Authority, issued Resolution No. 582 of 2022 approving the amendment of the statute of the private insurance fund for members of the Services Association for workers in the National Theater and the theater and folk arts sectors.

The price of gold in Egypt fell by about 10 pounds, and gold prices in Egypt recorded yesterday, during the opening of trading on gold, levels that exceeded 1020 pounds per gram of 21 karat, which is the most popular in Egypt, but the market started trading gold today in Egypt at levels of 1010 pounds per gram, with the decline in the price of gold in Egypt by about 10 pounds. The US dollar, which affects the price of gold in the Egyptian market

The Minister of Trade and Industry, Nevin Gamea, announced the approval of the member states of the Common Market for Eastern and Southern Africa (COMESA) on the Egyptian initiative to achieve regional industrial integration in COMESA, where it was approved and the General Secretariat was tasked with starting its implementation.

Hala Al-Saeed, Minister of Planning and Economic Development, received Mrs. Beata Javorcic, Head of the Economics Department of the European Bank for Reconstruction and Development, and her accompanying delegation, to discuss ways to enhance aspects of bilateral cooperation.

The Chamber of Tourist Companies confirmed that it is in the process of communicating with the competent authorities to take legal measures against all those who defraud Egyptian citizens and deceive them of the possibility of traveling to perform Umrah through virtual visas or through transit flights in some Arab cities.

Tags: CairoCommon Market for Eastern and Southern AfricaEconomicsEgyptEgypt EconomyEuropean Bank for Reconstruction and DevelopmentInsuranceLebanonPetroleumStatuteUmrah
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Khalaf Elbana

Khalaf Elbana

I have written for many tech blogs (born on April 2, 1982, in Cairo, Egypt), making videos about technology news. In 2019, I was honored by TikTok for Best Influential Podcaster.

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Mohamed bin Zayed performs Eid al-Fitr prayers at Sheikh Zayed Mosque with the crowds of worshipers

Mohamed bin Zayed performs Eid al-Fitr prayers at Sheikh Zayed Mosque with the crowds of worshipers

5 May، 2022
21,000 fans were allowed to attend the Al-Ahly and ES Setif match

21,000 fans were allowed to attend the Al-Ahly and ES Setif match

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Egypt’s imports of herring will record $96 million by the end of 2021

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