$644B investment needed in energy sector: IEF

Image from Egypttoday

About $644 billion investments are needed in the energy sector, with an annual average of 4.6 billion until 2023, Secretary-General of the International Energy Forum (IEF), Joseph McMonigle said.
 
McMonigle expected that the world will face fluctuations and a significant rise in energy prices.

Egypt Petroleum Show (EGYPS 2023) kicked off Sunday in the presence of President Abdel Fattah El-Sisi.
 
The EGYPS 2023 takes place from February 13 to 15 at Egypt International Exhibition Center. 
 
It is held under the theme 'North Africa and The Mediterranean: Supporting Sustainable Global Energy Supply and Demand'.
 
The inauguration was attended by Prime Minister Mostafa Madbouli, Minister of Petroleum and Mineral Resources, Tarek El-Molla, and a number of ministers and senior statesmen.
 
All CEOs of the energy, oil and gas sector in the world will participate in the EGYPS 2023, in addition to a group of energy ministers, government representatives, high-ranking officials of the European Union, secretaries of major international energy organizations, business leaders and investors in the energy sector to discuss the most important issues to support the progress of the oil and gas sector.

Laws & Regulations
• Egypt’s tax-free car import initiative generates $... 03-20
• Resource curse: more Africa countries could benefi... 01-16
• Morocco Announces Cigarette Price Hike for 2024 as... 12-27
• Nigeria wins appeal in landmark ruling against Pro... 11-16
• Togo, Benin slash telecommunication charges 10-24
• Egypt adopts new strategy to increase industry’s c... 10-05

Trade Shows
• African Energy Week (AEW) 2024: Date Set 10-12
• Cityscape Egypt 2023 expo kicks off on Tuesday wit... 09-19
• Cotonou to host first Auto Moto Show on October 12... 06-27
• Ministerial Forum a top feature at Big 5 Construct... 05-17
• THE BUILD&DECOR EXPO 05-06
• SIAM: Moroccan, International Companies Showcase I... 05-03