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Local carbon credit exchange in the works
The Environment Ministry is working with the EGX on a proposal to set up a platform that would allow companies…
THIS MORNING: AFCON final sees Pharaohs lose to Senegal + Retail portion of Macro Group’s IPO 32x oversubscribed so far
Good morning, nice people. We’re still licking our wounds after the national team’s loss in last night’s Afcon final, so…
Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
Fuel prices rise by up to 3.5%
The government has hiked fuel prices for the fourth time in less than a year in response to rising oil…
Last Night’s Talk Shows: Record exports + Natgas vehicle scheme
Our record 2021 export revenues dominated coverage on the airwaves last night. The USD 45.2 bn in export revenues —…
Siemens Energy appoints new Egypt managing director
Siemens Energy has appointed Layla El Hares (LinkedIn) as its managing director for Egypt, the company announced in a press…
THIS EVENING: Lighthouse to buy two schools in 2022 + SC Authority sets up EGP 2 bn fund + ALSO: OPEC+ green lights production hike
Happy almost-Thursday, ladies and gentlemen. It’s another busy afternoon as we rush towards the end of the workweek, so let’s…
Egypt moves closer to getting its first waste-to-hydrogen plant
H2 Industries says it on the way to establishing Egypt’s first waste-to-hydrogen plant in East Port Said after it recently…
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