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Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
More golden licenses, oil exploration on the cabinet agenda
Cabinet rolls out approvals for four more golden licenses + 13 oil agreements: Prime Minister Moustafa Madbouly and his ministers…
Apex acquires shares in six oil concessions from Eni
Egypt-focused oil and gas firm Apex International Energy will acquire shares in six producing oil concessions in the Western Desert…
House signs off on green hydrogen, infrastructure, oil exploration bills
MPs greenlight port development, oil exploration + green hydrogen bills: MPs signed off on several bills yesterday, including legislation paving…
More Israeli gas could be coming to Egypt
Energean could sell 8 bn cubic meters of natural gas per year to Egypt from a newly-discovered field off the…
Former EGPC chief Abed Ezz El Regal to head Abu Qir Fertilizers
Oil Minister Tarek El Molla has appointed former EGPC head Abed Ezz El Regal as the chairman and managing director…
Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
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