Egyptian government hopes to attract foreign investment
The government is reforming the business climate to attract foreign investment — and it has gas and oil projects at the top of its wish-list
Egypt is trying to draw a line under the four years of instability which followed the 2011 uprising. Abdel Fattah al-Sisi, the former army commander who was elected president in May last year — the previous year he had deposed Mohamed Morsi, the Islamist leader who won the 2012 election — has a vision of an outward-looking Egypt, leading the fight against Islamist extremism. Foreign investment is to be encouraged with economic reforms and deregulation. The country’s troubled gas sector — production is declining, exports have collapsed and shortages have developed inland — was an early target. Improved terms led BP to announce the go-ahead for its West Nile Delta development in March — a $12
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
