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GASC concludes latest tender, with offers roughly 50% above pre-war prices
GASC has pulled off its first successful wheat tender since Russia invaded Ukraine — but it didn’t come cheap. The…
Egypt to increase LNG exports to Europe with Eni
Eni signs agreement to supply more of our LNG to Italy, Europe: The Italian energy firm yesterday signed an agreement…
Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
THIS EVENING: Five EGX-listed companies see stake purchases worth around USD 1.8 bn + Markets are looking to contain the fallout from EU’s embargo on Russian oil imports
Today seemed like a slow day — until it became the exact opposite of that. We’re flush with news today,…
Last Night’s Talk Shows: How VAT is levied on gold
It was a slow night even by Ramadan standards for the country’s talking heads. New rules signed yesterday between the…
GASC is tendering again — but only for European wheat
GASC wants to buy wheat — but only from European suppliers: State grain buyer the General Authority for Supply Commodities…
THIS MORNING: GASC launches its first tender in weeks + Forbes gives props to Egyptian healthcare players
Good morning, friends, and happy hump day. It’s a brisk day on the news front, but there’s no single theme…
EU + Egypt talk boosting our LNG exports + green hydrogen ahead of COP27
Energy tops the agenda in top EU official’s visit: The EU is looking to up its imports of liquefied natural…
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