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Oil Ministry to launch gold exploration tender early 2024
The tender will include 13 concessions in Shalateen and Aswan
MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
October tourism arrivals on track to close up 10% despite war; officials aim to keep airlines and operators engaged with incentives + marketing spend
Incentives, spending aim to drive demand while keeping airlines, wholesalers, and retail distributors committed
Gaza civilians increasingly desperate as Israel expands ground offensive, though aid shipments could be increasing
Thousands of civilians looted food commodities from a UN facility as Israel’s 3+ week siege takes its toll
Our gas imports just went to zero
Israel has reportedly cut its Egypt-bound gas imports of 800 mmcf/d to zero
Eni says it will soon resume LNG exports from Egypt. Plus: Another China Energy project in the works.
Declining production and heightened demand caused the value of Egypt’s LNG exports to fall almost 60% y-o-y during the first…
Private-sector minimum wage to rise 17% in 2024
Private-sector employees on the minimum wage will have seen their monthly income rise 45% in the past six months
The blackouts aren’t going away — they look to be getting worse
Good morning, friends. Welcome back to another workweek — one in which we’re leading with two quality-of-life announcements: First, the…
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