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The fifteenth Zohr well is expected to go online in March
Italy’s Eni will begin commercial operations on the Zohr natural gas field’s 15th well next month, Oil Minister Tarek El…
Ganope to kick off plan to explore for natgas in Upper Egypt next month
State-owned South Valley Egyptian Petroleum Holding Company (Ganope) will begin next month conducting seismic scans in Upper Egypt, where it…
What we’re tracking on 25 February 2020
We have a packed issue for you this morning thanks to a busy news day both here at home and…
Sawiris eyes 51% stake in state-owned Shalateen mining company
M&A WATCH- Sawiris eyes majority stake in state-owned Shalateen: Naguib Sawiris is in talks with the government to buy a…
Egypt administrative court postpones billet case to 23 May
An administrative court has postponed to 23 May its ruling on an appeal by steel rolling mills to overturn a…
Egypt’s strategic reserves of wheat, sugar to last around 5 months
Egypt has strategic reserves of wheat that would last 4.7 months and sugar that would last 5.3 months, Supply Minister…
Almarai receives USD 100 mn EBRD loan for Egypt, Jordan investment
The European Bank for Reconstruction and Development (EBRD) has loaned Saudi dairy firm Almarai USD 100 mn for new investments…
Centamin to consider bidding on the Mineral Resources Authority’s upcoming tender
INVESTMENT WATCH- Centamin "prepared" to invest more in Egypt’s mining, waiting on details of int’l gold tender: Centamin is waiting…
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