Petroleum Minister inaugurates TAQA's new integrated operations center in Cairo
The initiative capitalizes on Egypt's strategic advantages — including its robust infrastructure, competitive logistics, and geographic location — to strengthen regional energy cooperation and attract international investment.
TAQA, a leading provider of services to oil production sites and the wider energy sector, leverages innovation, technology, and sustainable practices to advance its mission.
The inauguration ceremony was attended by senior energy officials, including Tamer Idris, Vice Chairperson for Production at the Egyptian General Petroleum Corporation (EGPC); Mohamed Radwan, Vice Chairperson of Ganoub El Wadi Holding Company (GANOPE) for Agreements and Exploration and Director of the Egypt Upstream Gateway (EUG); TAQA Chairperson Khaled Noah; Amir Nassim, Vice President of Operations; Hossam Abou Seif, Vice President for Africa and Iraq; and Moataz Serag, Egypt Country Director. Executives from production companies and international energy firms operating in Egypt were also present.
During the opening, Minister Badawi reaffirmed the depth of historic ties between Egypt and Saudi Arabia, emphasizing the flourishing energy partnership between the two nations. He commended Saudi Minister of Energy Prince Abdulaziz bin Salman for his pivotal role in strengthening bilateral cooperation, highlighting his remarks at the recent Egypt Energy Show (EGYPES) as a testament to the strength of the relationship.
Welcoming TAQA's expanded presence in Egypt, Badawi noted that the new center reflects the company's serious commitment to investing in and operating within the country.
'We are unlocking the full potential of Egypt's energy sector and the region,' he said. 'The ministry's six strategic pillars pave the way for broad cooperation with TAQA — from boosting production through advanced technologies and supporting mining, to renewable energy, emissions reduction, enhanced safety systems, and energy efficiency — all while bolstering regional collaboration with Saudi Arabia.'
TAQA Chairperson Khaled Noah described the center as a milestone in the company's development and a model of successful partnership with Egypt. He emphasized TAQA's commitment to investing in the country's energy sector, especially in developing solutions to reduce carbon emissions — where Egypt is at the forefront of the company's initiatives.
Noah praised Egypt's forward-looking energy strategy, highlighting TAQA's role in channeling investments, creating jobs, and providing advanced technological services to support the nation's energy goals.
Attendees also received a comprehensive briefing on the center's capabilities, which include the use of advanced technologies in energy operations, equipment design and maintenance, and a specialized training facility to support workforce development.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CairoScene
9 hours ago
- CairoScene
Saudi Logistics Firm Salasa Raises $30M to Expand AI Infrastructure
Saudi Logistics Firm Salasa Raises $30M to Expand AI Infrastructure Saudi Arabia-based e-commerce logistics provider Salasa has announced the close of its $30 million Series B round, led by Artal Capital. The funding will fuel the company's efforts to scale its domestic operations, strengthen cross-border shipping infrastructure, and embed AI across its logistics platform. Founded in 2017 and headquartered in Riyadh, Salasa provides end-to-end fulfilment services including warehousing, last-mile delivery, bonded zones, inventory management, and international shipping. The company plans to use the new investment to expand its network of dark stores and bonded zones across Saudi Arabia and the GCC, while enhancing AI-driven capabilities to optimise planning, inventory, and fulfilment. "We're embedding AI across planning, inventory, and fulfillment to create predictive, self-optimizing logistics," said Hasan Alhazmi, Co-Founder and CBO of Salasa. "This boosts speed, accuracy, and efficiency for merchants, while our cross-border expansion and bonded zone operations open access to new markets regionally and beyond." The company currently works with over 1,000 merchants, including Noon, Amazon, Cenomi, Boutiqaat, Sharaf DG, and Alothaim Retail. It has fulfilled over 50 million products to date and offers integrations with platforms such as Shopify, Amazon, ZID, Salla, and Trendyol. Its partner network includes more than 40 logistics carriers, including Aramex, DHL, and Saudi Post.
CairoScene
15 hours ago
- CairoScene
Saudi Bank Launches Jewellery Training With Italian Craft School
A new jewellery workshop in Asir is pairing Italian technique with Saudi traditions to train local artisans in craftsmanship. A new training initiative in Asir is inviting Saudi artisans to hone their skills in gold and copper leaf jewellery-making through a partnership with Italy's Alchimia Contemporary Jewellery School. The programme, launched on August 1st by the Saudi Social Development Bank, is designed to combine local craft traditions with international expertise. Drawing inspiration from Al-Qatt Al-Asiri, a form of heritage art from the region recognised by UNESCO, the course offers instruction in techniques tailored to current market tastes. The partnership was formally marked with a cooperation agreement signed between the bank and the Florence-based school, which is known for its experimental approach to contemporary jewellery. Participants, including freelance designers and artisans, are learning to develop high-quality pieces that reflect both personal creativity and regional aesthetics. Since the larger training scheme began in 2023, more than 300 people have taken part in 15 different programmes. Of those, a significant number have turned their designs into products - some even securing funding to expand their businesses. According to bank figures, about 30% of previous trainees have received financing, and over 150 cottage industry families have expanded operations after participating.
See - Sada Elbalad
3 days ago
- See - Sada Elbalad
Egypt to Launch Nationwide Aerial Survey for Mineral Exploration
Taarek Refaat Egypt's Ministry of Petroleum and Mineral Resources is advancing plans to modernize its geological data infrastructure as part of a broader strategy to unlock the country's vast untapped mineral wealth and boost the mining sector's contribution to GDP. In a high-level meeting held Friday at the ministry's headquarters in the New Alamein government district, Petroleum and Mineral Resources Minister Karim Badawi met with representatives from Argas, Metatek, Excalibur, and Novia companies specializing in aerial and seismic survey technologies to discuss cooperation on a nationwide mineral exploration project. The initiative falls under the ministry's third strategic pillar, aimed at increasing mining's share in Egypt's GDP from less than 1% to between 5–6%, by maximizing the added value of the country's mineral resources. According to the ministry, the project will involve comprehensive aerial surveys and seismic imaging across Egypt's territory, creating an integrated national geological database to be made accessible to both domestic and international investors. 'The global interest in Egypt's mining sector continues to rise, driven by sweeping regulatory and structural reforms,' Minister Badawi said. 'We now have a supportive investment climate — backed by a modern legal framework, robust infrastructure, energy availability, and enhanced institutional capabilities.' Key reforms include the conversion of the Egyptian Mineral Resources Authority into an economic authority, and the overhaul of mining concession frameworks to align with international best practices. During the meeting, the companies shared case studies of mineral exploration projects in other countries, highlighting how modern survey and data analysis methods can lead to significant discoveries and investment inflows. Badawi stressed the strategic importance of accurate geophysical data in identifying promising mining zones and instructed the companies to develop a comprehensive, actionable plan, complete with short-, medium-, and long-term timelines and prioritized target areas for survey operations. The meeting was attended by senior government and industry figures, including Salah Abdel Karim, CEO of the Egyptian General Petroleum Corporation (EGPC); Yasser Ramadan, head of the Egyptian Mineral Resources Authority (EMRA); and senior legal, technical, and aviation officials from the ministry and its affiliates. The proposed aerial survey is seen as a cornerstone of Egypt's bid to position itself as a regional mining hub, capitalizing on its geological diversity and strategic location connecting Africa, the Middle East, and Europe. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results
