Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Fertilizer companies restart operations as gas supplies return. PLUS: Futek, Wellpal, Azimut, EdVentures, Orascom Development Egypt
The restarting of operations follows the resumption of production at Sidpec’s factory last week
Egypt receives EUR 57 mn grant to boost its silo capacity
The grant will help Egypt expand its storage capacity and eliminate waste
Israel’s Leviathan gas field to invest up to USD 500 mn to expand production after Israeli gov’t approves bill to double gas exports
The field primarily exports to Egypt and Jordan, with exports to Egypt reaching 6.3 bcm last year
Challenges mount on Egyptian industries amid power cuts and gas shortages
Fertilizer prices are up 50% m-o-m and 110% y-o-y
New public-private consortium to launch USD 600 mn to import ethane gas
The company is set to launch before the end of June
Government pledges to end power cuts by third week of July with USD 1.2 bn set aside for energy imports and other initiatives
Madbouly penciled in the third week of July as when the country will be ready to “stop cutting electricity completely…
Frustration and anger over increased power outages dominated the airwaves for the second consecutive night
Some areas of the country reported power outages of five or more hours yesterday
The government’s decision to temporarily extend power cuts caught the attention and ire of the nation’s talking heads
“What’s more important than the power cuts crisis is how to address it,” said Amr Adib
Something went wrong. Please refresh the page and/or try again.