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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
A new government spells new policy, and the industrial sector has thoughts
One of industry’s most pressing concerns is reducing production costs to assure local and global competitiveness
Turkish USD 700 mn denim factory gets gov’t greenlight. PLUS: Ades inks drilling contract, Forbes International Tower to cost USD 1 bn, Sahl eyes digital banking license, Alwady Green heads to KSA
The factory will be built on an area of 100k sqm and will provide around 5k jobs during its first…
Carlyle to launch Mediterranean energy company with USD 945 mn acquisition of Energean’s Egyptian, Croatian, and Italian assets
Energean will sell the assets for more than three what it paid for them in 2020
EGAS eyes securing at least 17 LNG shipments over the next three months
EGAS is looking to receive the shipments via floating terminals in Jordan and Ain Sokhna
No blackouts during the Eid break?
It was a mixed bag on the airwaves last night, with news that the government may pause rolling blackouts for…
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
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