In other news from the natural resources industry: Wood Mackenzie has been tapped to conduct studies for government’s mineral resources development strategy. State-owned oil services outfit Enppi has tapped global energy research and consultancy firm Wood Mackenzie to conduct studies for Egypt’s mineral resources development strategy, according to a Oil Ministry statement. The studies should be complete by August and the strategy, which will include a list of projects, should be ready by the end of 2019. Legislation to govern activities related to the mining and use of mineral resources has been with the House of Representatives for months.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…