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IEA ups oil demand forecast for next year on expectations for lower prices
Oil supply could see a surplus next year -IEA: The International Energy Agency (IEA) is anticipating a surplus in oil…
Israeli gas flows could return pre-war levels by next week
The East Mediterranean Gas has also restarted exporting Israeli gas to Egypt
Infinity Power inks big Senegal contract. PLUS: Kuwaiti oil, digital banks, and aircraft
The battery energy storage system will supply Senegal with 40 MW of clean energy
Afreximbank extends USD 3 bn in credit facilities to Egyptian firms
The lender is giving Hassan Allam Holding a USD 200 mn facility to support its infrastructure projects in Africa
Israeli gas flows to Egypt are increasing
Flows have risen to 350-400 mn cubic feet a day, up from 250 mn earlier in the month
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
TAQA Arabia launches Tanzania’s first CNG station. PLUS: News from Capricorn Energy, NERIC, Samcrete, Cashcall
The CGN station is the first of 12 stations TAQA will set up in Tanzania
Elsewedy Capital and Ezz El Arab Automotive team up to locally assemble cars
The newly found company aims to annually produce 50k units in the “coming years”
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