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What we’re tracking on 15 July 2019
Al Mashat in the US, talks tourism reform, promotion: Tourism Minister Rania Al Mashat met this week with International Monetary…
Energy
Gov’t to prepare report on converting taxis, minibuses into dual-fuel engine vehicles
The government will prepare a report on the costs and process of converting taxis and minibuses into dual-fuel engine cars,…
EGAS to offer three LNG shipments from Idku in August
State-owned EGAS will offer three LNG shipments from the Idku plant in August, two trade sources told Reuters. One source…
Arrears owed by Egypt to IOCs fall to USD 900 mn
Arrears to IOCs fall to USD 900 mn, on track to be cleared by the end of the year: Arrears…
El Sisi’s meeting with the finance, electricity ministers tops front pages
President Abdel Fattah El Sisi’s meeting with the electricity and finance ministers to discuss improving electricity services sits at the…
Egypt’s wheat imports decline by 9.6% in 1H2019
Good news for bread subsidy watchers (and bad news for wheat importers) — wheat imports, prices fall: Wheat imports declined…
Italy’s Eni to drill nine new wells in Egypt’s Zohr until 2020
Italy’s Eni is planning to drill nine new development wells in the Zohr gas field until 2020 to achieve production…
Empower gets preliminary nod from BdC for EGP 70 mn loan
Renewable energy company Empower has reached a preliminary agreement with Banque du Caire to take out a EGP 70 mn…
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