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Oil Ministry targets gas output hike
Good afternoon, friends, and welcome back to the daily grind. The bad news is that Eid is over — the…
Egypt looks to clear USD 1.3 bn in outstanding arrears to global energy companies by June
The accelerated timeline surpasses previous plans to shrink the country’s outstanding dues to USD 1.2 bn by the end of…
Saudi crude fuel exports via Egypt’s Sumed pipeline unaffected by Yanbu strike
The Sumed pipeline is operating at its maximum capacity of some 2.5 mn bbl / d
End of Leviathan outage to ease Egypt fiscal pressure from LNG buys
Good morning, and welcome back. We hope your Eid break was more restful than the news cycle over the last…
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner to scale what we built with Mitcha,” Mitcha Founder Hilda…
Egypt to raise budget contingency reserves to 5% as geopolitical risks mount
Kouchouk is building a liquidity moat to protect energy and food subsidies against global volatility
EGX-listed Edita saw its net income jump 73% in 2025
PLUS- TMG and CI Capital real estate fund hits EGP 8 bn target on day one
Egypt moves to shrink oil arrears to USD 1.2 bn by end of June
The country wants to prevent arrears from piling up again, signaling that intention to keep the investment cycle intact despite…
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