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Egypt wheat imports hold steady in 2020-2021
Egypt is expected to import 12.85 mn tonnes of wheat in marketing year (MY) 2020-2021, up a marginal 0.4% from…
SDX begins drilling Sobhi well in Egypt’s South Disouq
SDX Energy has started drilling its Sobhi well in the South Disouq concession, which is expected to reach 2.3k meters…
Eni is investing USD 60 mn more in Egypt
INVESTMENT WATCH- Eni is tacking on an additional USD 60 mn for its planned investments in Egypt’s Agiba: Italy’s Eni…
What we’re tracking on 18 March 2020
Would anyone care to explain how it is not yet Thursday? Time moves simultaneously in slow motion and at the…
CBE extends cash cover for basic foodstuffs
The Central Bank of Egypt has extended the exclusion period for some basic food commodities, namely rice, lentils and fava…
What we’re tracking on 15 March 2020
With more than 100 confirmed cases, Egypt got serious yesterday about its response to covid-19 after cabinet last week banned…
Energy companies in Egypt are adapting to the new realities in the oil markets
The collapse in oil prices is forcing energy companies in Egypt onto the defensive: Energy companies operating in Egypt, including…
OilMin slashes rental fees on gold exploration blocks in a bid to lure investors
Oil Min slashes rental fees on gold exploration blocks in a bid to lure investors: The Oil Ministry will cut…
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