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What we’re tracking on 29 August 2019
It’s day two of the Tokyo International Conference on African Development (Ticad) today: The opening day saw President Abdel Fattah…
Commodities
Egypt mulls imposing anti-dumping tariffs on sugar imports
The government is considering imposing a 20% anti-dumping tariff on sugar imports for 180 days after receiving complaints from local…
Egas issues tender for LNG cargoes
The Egyptian Natural Gas Holding Co (Egas) has issued a tender for three LNG cargoes for loading from the Idku…
Gupco to increase investments in Ras Shuqair
The Gulf of Suez Petroleum Company (Gupco) is planning to invest USD 1.2 bn over the next two years on…
Damietta liquefaction plant to reopen in 3Q2019?
Deja vu: Damietta LNG plant to reopen in 3Q2019? The Damietta liquefaction plant will reopen by the end of 3Q2019…
Gold is up, but so is economic performance
Business news dominated the airwaves last night: Gold prices have soared to unprecedented levels in recent weeks: 21 carat gold…
Obourland to begin operating new farm by the end of 2020
Cheesemaker Obourland is planning to begin operations at its new cow farm by the end of 2020 to help reduce…
BP to drill new wells in Atoll, Katameya fields in Nile Delta
BP is preparing to drill two new wells in the Atoll and Katameya natural gas fields in its North Damietta…
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