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THIS EVENING: Gov’t to launch oil exploration tender soon
Happy Sunday, friends. It’s one of those surprisingly slow Sunday afternoons, but it’s still whizzing by as we recalibrate from…
The Egyptian Securities Federation is finally a thing. PLUS: wheat talks, Air Cairo, Madbouly in South Africa, Fawry, Endeavor, and Neptune Energy
The ESF has been five years in the making
Global stocks lose almost USD 3 tn in August on China fears, rising US rates
MSCI benchmark of global stocks on course for its worst month since September
EGX approves Al Ezz Dekheila delisting. PLUS: News on corn, East Port Said, Microsoft
Al Ezz Dekheila Steel plans to buy back the government’s 31% stake and delist from the exchange
Israel could boost gas exports to Egypt — eventually
Egypt could import an extra 3.5 bcm of gas per year
Mohamed Alabbar wants to redevelop gov’t buildings in downtown Cairo. PLUS: New oil find, more wheat incoming + budget flights from London to Cairo
Alabbar’s Emaar is planning to expand its presence on the North Coast
There was no shortage of topics on the airwaves yesterday with a new oil discovery in the spotlight
A new oil discovery in the Geisum-Tawila West concession area.
Changing of the guard at state oil + petchem firms
Mopco, Midor, Ethydco, and Ganope all got new heads
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