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THIS MORNING: Old rent law up in the House + US Climate Envoy John Kerry makes a visit
Good morning, wonderful people, and welcome to another busy workweek. It’s the kind of morning that sends you plenty of…
Diesel refinery gets USD 1.5 bn financing + lots of other energy news from Egyps
Several of Europe’s biggest banks are providing us with USD 1.5 bn to finance the construction of the new mazut…
THIS MORNING: EU-AU summit kicks off + Oil prices keep on rising
Well, friends, we’ve nearly made it through another workweek together. We hope you’re looking forward to a relaxing weekend with…
THIS EVENING: Egypt’s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production
The race to the weekend is in full swing, ladies and gentlemen. It’s a busy Wednesday afternoon, with a very…
How viable is battery storage as a solution to Egypt’s electricity oversupply problem?
Egypt is exploring the potential of energy storage through batteries to combat our electricity oversupply problem: As Egypt continues to…
Spain’s EOSOL to acquire 50% stake in Giza Systems subsidiary GSEC
Spanish engineering firm EOSOL Group will acquire a 50% stake in an engineering and construction subsidiary of B Investments’ Giza…
Egypt signs USD 1.5 bn funding agreement for basic imports with ITFC
The ITFC is lending us another USD 1.5 bn for petroleum + commodities imports: Egypt has signed a fresh USD…
We’re getting more gas from Israel + Dragon strikes oil
Israel will increase its natural gas exports to Egypt by up to 50% by the end of February, Israeli Energy…
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