ENERGY-

Mubadala wants a piece of our new oil and gas tender: Abu Dhabi sovereign wealth fund Mubadala’s energy-focussed arm — Mubadala Energy — expressed interest in participating in the Egyptian Natural Gas Holding Company’s (EGAS) recently launched tender during coverage a meeting between Oil Minister Karim Badawi and a Mubadala delegation, according to an Oil Ministry statement.

Remember: EGAS opened up bids for 12 new oil and gas exploration blocks in the Mediterranean and Nile Delta late last month. The offering includes 10 offshore and two onshore areas, with details available on the Egypt Upstream Gateway platform.

DEFENSE-

Egypt to receive two new tactical airlifters from Lockheed Martin: Egyptian Air Force will see the delivery of two C-130J-30 Super Hercules tactical airlifters from US defense giant Lockheed Martin through a foreign military sale with the US Air Force, making it the 23rd country to get its hands on the new airlifters, Lockheed Martin said in a statement. The sale was announced during the inaugural Egypt International Airshow, which took place last week in El Alamein.