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Israeli energy players launch MENA-wide renewables venture
Israeli energy firms want to invest in the Egypt’s renewables sector: Israeli gas producer Delek Drilling NewMed Energy is lining…
Former Caribbean climate minister could be UN’s next climate chief
The UN’s next climate chief will come from an island nation: Grenada’s former climate minister Simon Stiell is in line…
Aramco profits surge 90% in 2Q 2022
EARNINGS WATCH- #1- Saudi Aramco’ posts record net income amid spiraling oil prices: Saudi Aramco reported record 2Q 2022 and…
Oriental Weavers is planning a new factory
Carpet maker Oriental Weavers is planning to build a USD 50 mn factory in Tenth of Ramadan over the next…
THIS MORNING: More details on the govt’s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars
Hello, everyone. We’re feeling more than a bit muted this morning after a fire yesterday at a church in Imbaba…
THIS EVENING: Dozens killed, injured in Abu Sefein church fire + Ghazl El Mahalla IPO subscription extended
Good afternoon, ladies and gentlemen. We begin today’s issue on a somber note after a fire broke out inside an…
Electricity rationing went into effect yesterday across Egypt. Here’s what we know so far.
Here’s how the gov’t hopes to ration the nation’s electricity: Cabinet has approved measures announced byPrime Minister Moustafa Madbouly last…
THIS EVENING: AP Moller signs USD 500 mn investment agreement + US gas prices finally cool off
Good afternoon, friends, and a very happy THURSDAY to us all. It’s another relatively calm end to the week —…
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