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Abraj Energy shares jump 17% on market debut
Abraj Energy Services shares jumped 17% on their debut on the Oman stock exchange yesterday. The state-owned oil-drilling unit raised…
Green fuels explained
Enterprise Explains: Green Fuels. As the global transition to a carbon neutral economy gathers pace, we’re hearing a lot more…
Tourist arrivals jump by a third in January and February. PLUS: Madbouly meets GM + Egypt-Saudi interconnector.
Fitch expects tourism revenues to rise almost 20% this year
Egypt + Greece are choosing who will do the feasibility study for the EuroAfrica electricity link
More than 10 energy consulting firms are in the running
Gov’t leaves natgas prices for electricity plants unchanged
The price will remain USD 3 / mmBtu
Corporates in EM are having a hard time in the debt markets
EM corporate bonds struggle on high cost of debt: Emerging-market companies have sold only USD 60 bn worth of bonds…
EgyptAir to increase flights to China. PLUS: Green hydrogen, oil exploration and a new startup fund
EgyptAir relaunched flights to China last week.
El Sisi + Austin talk defense ties, Israel-Palestine tensions
President Abdel Fattah El Sisi and US Defense Secretary Lloyd Austin agreed to strengthen defense ties during talks in Cairo…
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