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Earnings watch: CIB, Qalaa Holdings report 1Q2020 earnings
EARNINGS WATCH- CIB profits fall 9% in 1Q2020: CIB’s net profits fell 9% y-o-y to EGP 2.4 bn during the…
FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public finances
LEGISLATION WATCH- FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public…
What we’re tracking on 5 May 2020
It’s PMI day here in Egypt, and if the rest of the world is any indication, it won’t be pretty:…
Egypt’s LNG exports make up 1% of the global market
Egypt’s liquified natural gas (LNG) exports made up 1% of the global market in 2019, according to a recent report…
What we’re tracking on 3 May 2020
Welcome to the month of May, ladies and gentlemen. Pandemic or not, we’re sprinting toward summer and … staycations? It’s…
SDX Energy’s Sobhi well set to produce 10-12 mcf / d of natural gas
SDX Energy is expected to produce 10-12 mcf / d of natural gas from its Sobhi well, the company said…
Regional President of BP North Africa Hesham Mekawi resigns
MOVES- BP North Africa Regional President Hesham Mekawi (LinkedIn) is stepping down from his position as of 1 July and…
Apicorp to support member countries with USD 500 mn ‘covid-19 recovery’ funding
Egyptian companies will be among the beneficiaries of USD 500 mn in covid-19 recovery funding from Apicorp: The Arab Petroleum…
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