{"id":641245,"date":"2017-09-17T04:13:25","date_gmt":"2017-09-17T04:13:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/"},"modified":"2017-09-17T04:13:25","modified_gmt":"2017-09-17T04:13:25","slug":"iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/","title":{"rendered":"IOCs raise investments in Egypt to USD 10 bn this year - El Molla"},"content":{"rendered":"<p>International oil companies have raised their investments in Egypt to USD 10 bn this year on the back of payments the government have been making to arrears it owes them, Oil Minister Tarek El Molla <a href=\"https:\/\/alborsanews.com\/2017\/09\/16\/1051238\">tells Al Borsa on Saturday<\/a>. Arrears had fallen to USD 2.3 bn, the lowest it has been since 2013, El Molla stated. The ministry plans to issue new tenders and auctions for concessions, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International oil companies have raised their investments in Egypt to USD 10 bn this year on the back of payments the government have been making to arrears it owes them, Oil Minister Tarek El Molla tells Al Borsa on Saturday. Arrears had fallen to USD 2.3 bn, the lowest it has been since 2013, El [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641245","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"5d6b5e62-1066-49f8-9fdf-4ea81729bafa","order":"0","is_powered_by":true,"section_story_id":"50190eaa-e847-4a74-a046-81aef5098eee","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641216],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IOCs raise investments in Egypt to USD 10 bn this year - El Molla - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IOCs raise investments in Egypt to USD 10 bn this year - El Molla\" \/>\n<meta property=\"og:description\" content=\"International oil companies have raised their investments in Egypt to USD 10 bn this year on the back of payments the government have been making to arrears it owes them, Oil Minister Tarek El Molla tells Al Borsa on Saturday. Arrears had fallen to USD 2.3 bn, the lowest it has been since 2013, El [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-17T04:13:25+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/iocs-raise-investments-in-egypt-to-usd-10-bn-this-year-el-molla\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IOCs raise investments in Egypt to USD 10 bn this year - 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IOCs had raised investments in Egypt to\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626634,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/arrears-to-oil-producers-are-now-below-pre-2011-levels-el-molla-promises-no-more-subsidy-cuts-this-calendar-year\/","url_meta":{"origin":641245,"position":2},"title":"Arrears to oil producers are now below pre-2011 levels, El Molla promises no more subsidy cuts this calendar year","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"Egypt\u2019s arrears to oil producers have fallen to their lowest levels yet, coming in at USD 1.2 bn at the end of FY2017-18, lower than the previous trough of USD 1.35 bn in 2010, Oil Minister Tarek El Molla announced on Thursday. 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