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Egypt to lease second LNG floating regasification unit starting 2H 2025
Egypt will lease the unit from the US-based New Fortress Energy
Cemex inks agreement for its third waste-to-energy project. PLUS: Visa + Swypex, BP, Lasirena Group + HE Holding
The waste will be treated to produce alternative fuel and organic fertilizer
LNG imports to continue until at least 2029?
Good morning, folks. Automotive localization and privatization is leading the local business news once again this morning — two areas…
Egypt halts cotton trading system and mulls bringing back subsidies to support the sector
A dip in global cotton prices and a higher guaranteed price has made Egyptian cotton unable to compete in local…
China to launch 1 mn feddan New Valley integrated farming zone
The project will prioritize cultivating high-value crops such as medicinal and aromatic plants
Oil Minister Karim Badawi charts Egypt’s path to becoming a gas hub after sector setbacks
In 2025, the focus will be on boosting production levels to offset declines and cut the energy import bill
UAE’s Al Dahra looks to invest USD 230 mn to purchase up to 90k feddans, fund reclamation
The company has invested around USD 250 mn to reclaim and cultivate 40k feddans
Egypt in talks to push back LNG shipments on the back of limited regasification capacity, sufficient domestic supply. PLUS: Ghabbour Foundation + Investing for Employment, Infinity + Recharged, Mountain View, eNovate + Mastercard
The shipments are part of the 20 cargoes that the government bought to cover domestic needs between October and December
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