Egypt should axe its plans to export natural gas and instead ensure its domestic needs will be met for the years to come, Hussein Abd Rabbo writes in amateur analysis at Al Borsa. Previous governments made the mistake of exporting natural gas without a plan until they turned the country to a net importer, he writes. He advises both caution and thoroughness, urging the government to ensure that its plans to turn Egypt into an energy hub are sustainable.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…