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Egyptian Commodity Exchange law will be with Parliament in October, says El Moselhy
LEGISLATION WATCH- Cabinet will submit the law that will establish the Egyptian Commodity Exchange to the House of Representatives in…
Tensions rise in the EastMed as Turkey plows ahead with gas survey
Tensions rise in the EastMed as Turkey plows ahead with gas survey: Turkey dispatched a vessel to conduct a seismic…
What we’re tracking on 11 August 2020
Good morning, friends, and welcome to what is shaping up to be a busy news day. The IMF (quietly) released…
Egypt’s GASC receives record number of offers in wheat tender
The General Authority for Supply Commodities (GASC) has accepted seven offers in a tender to purchase 410k tonnes of wheat…
Kom Ombo Petroleum to start USD 3 mn drilling operation at Baraka concession
Kom Ombo Petroleum — a JV between the Egyptian General Petroleum Company and Mediterra Energy — will begin drilling two…
Egypt’s foreign reserves rise for the second month running in July
Foreign reserves tick up in July: Egypt added USD 150 mn to its foreign reserves in July, marking the second…
Egypt, Greece sign agreement for EastMed economic zone, drawing Turkish ire
Egypt and Greece have signed an agreement creating a joint exclusive economic zone in the oil-and-gas-rich eastern Mediterreanean, the countries’…
IDA to offer 10 mn sqm of industrial land in FY2020-2021
The Industrial Development Authority (IDA) is planning to tender 10 mn sqm of industrial land in FY2020-2021, according to the…
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