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Gov’t sets market controls for seven commodities in bid to tackle hoarding
The decision will be enforced for a 6-month period or until further notice
Gold reserve estimates at Sukari climb 10% to 5.8 mn oz: Centamin
The new estimate puts Centamin’s gold reserves at 7.7 mn oz
Egypt’s Green Economy in 2023: A run-down of initiatives, investments, and commitments one year on from COP27
Egypt is aiming to use renewables for 42% of power produced by 2030 and 60% by 2040
El Molla appoints new heads for Enppi and Petrogas
The move was part of a wider shuffle at the Oil Ministry
On onions and the Suez Canal
The nation’s talking heads are concerned about onion prices and how the Suez Canal is coping amid growing tensions in…
ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank
ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year…
“Historic” agreement at COP28 “signals the end of the age of oil”
Final agreement in Dubai aims to hit “net zero” in 2050.
Aton Resources to start producing gold in Egypt in 2025. PLUS: FX crunch hits Ezz Steel
Aton has struck gold in its Marawat concession in the Eastern Desert, where it has been prospecting since 2010
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