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BP targets 1 tcf in Mediterranean gas exploration as first phase of USD 1.5 bn investment plan

Good morning, friends. Ambition is meeting execution in today’s issue across three stories in renewables, corporate governance, and tourism. Starting…

FinMin opens EGP 6 bn export subsidy batch to settle pre-July 2024 arrears

Good morning, wonderful people. Leading today’s issue is the pharma rush in the EGX, where retail momentum has turned the…

Egypt has raised its renewables target to 45% by 2028, without publishing the demand forecast to verify it

EEHC's own FY 2026/27 planning budget suggests a 45% share would need 118 TWh of renewable generation

Gov’t to launch tax-backed sukuk to tap corporate cash reserves

Activating a dormant 2005 tax provision allows the state to pull forward future corporate tax receipts to ease its EGP…

Cabinet locks in FY 2026/27 industrial land rules while keeping prices under wraps

Good morning, wonderful people. We may be approaching peak Sahel season, but tell that to the Gods of News, both…

Egypt shelves its new Income Tax Act in favor of a third tax-facilitation package

The next package will target informal businesses, unresolved income-tax issues, and sector distortions before a fourth round introduces tougher enforcement