Saturday 04/April/2026 – 08:34 AM
Dr. Mostafa Madbouly, President, visits cabinet, Today, Saturday, he visited a number of factories in the city of Banha, Qalyubia Governorate, as part of his field tours to follow up on the progress of work in industrial projects and support the productive sector.
The visit comes to determine the rates of operation and production within the factories, and to review the expansion and development plans, in addition to following up on the challenges facing investors and working to overcome them.
Earlier, he met with Dr. Mostafa Madbouly, President cabinetIn the new capital, Engineer Karim Badawi, Minister of Petroleum and Mineral Resources; To review a number of the Ministry’s work files.
Minister of Petroleum: Drilling more than 100 exploratory wells during 2026
During the meeting, the Minister of Petroleum and Mineral Resources explained the efforts made by the Ministry to secure a sustainable and safe strategic stock of all petroleum derivatives, reviewing the executive steps to develop Egyptian companies with the aim of enhancing production through hydraulic fracturing and horizontal drilling technology, explaining that the petroleum sector seeks to accelerate the processes of applying these modern technologies that contribute to the exploitation of unconventional petroleum and gas resources, which significantly enhances crude oil and gas production rates.
