Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Four international oil and gas firms secure offshore and onshore concessions across Egypt
The winners will drill a minimum of 14 wells, with at least USD 71 mn worth of investments
Al Ismaelia to complete two new Downtown hotels by 2025. PLUS: EGPC goes solar, CIB + Ostuka, NoorNation + KBW Ventures, Radwan, Rowan university heads to the NAC
The projects will add a combined 120 units to the area’s hotel capacity
Oil Ministry is setting up a USD 600 mn gas treatment facility
A trial period will kick off in 1Q 2025 before operation begins mid-2025
NBK Egypt provides financing for Sokhna container terminal. PLUS: News from Rameda, Infinity, Enara, MSMEDA
EDECS last month broke ground on the new container terminal
Egypt launches USD 660 mn ethane gas import company. PLUS: News from Banque du Caire, Tourism Ministry,
The company aims to import 1.1 mn tons of liquefied ethane gas a year
Egypt lining up oil tenders, development projects to bolster energy security
The gov’t has been sitting on 10-12 international oil and gas tenders, as unpaid arrears forced their delay
Juhayna slashes prices by 15-18%
The move came after the gov’t agreed with suppliers and retailers to cut prices by 15-20% this week
House approves USAID grants, oil licenses
The House and the Senate will break as they prepare for El Sisi’s swearing-in ceremony in April
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