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UAE’s Mubadala buys 20% interest in Egypt’s Nour concession
M&A WATCH- UAE’s Mubadala buys 20% interest in Egypt’s Nour concession: The UAE’s Mubadala Petroleum has agreed to buy a…
300 mcf/d of gas exports from Idku liquefaction plant -sources
-Royal Dutch Shell’s Idku liquefaction plant is reportedly exporting 300 mcf/d of natural gas, compared to 250 mcf/d last month,…
Foreign Minister meets Bahraini PM, King on sidelines of Egyptian-Bahraini committee
Foreign Minister Sameh Shoukry met yesterday with Bahraini Prime Minister Khalifa bin Salman Al Khalifa on the sidelines of a…
Delek to sign new gas import agreements with Egypt?
Delek to sign new gas import agreements with Egypt? “We signed agreements with EMG to supply gas to Egypt, and…
China’s Hanergy Thin Film Power to invest USD 450 mn in Egypt in high-end 300 MW photovoltaic project
INVESTMENT WATCH- China’s Hanergy looks to invest USD 450 mn in solar industrial park: China’s Hanergy Thin Film Power Group…
Egypt could cut citizens earning more than EGP 7,000 per month from subsidy rolls
Gov’t could cut citizens earning more than EGP 7,000 per month from welfare rolls: There is a “direction” within government…
What we’re tracking on 12 November 2018: Dana Rohrabacher, oil production cuts, active fund managers and Saudi miscellany
One of Egypt’s best friends in Congress has lost his re-election bid. Rep. Dana Rohrabacher, the long-serving Republican from California,…
EGPC considering USD 750 mn loan from abroad
The Egyptian General Petroleum Company (EGPC) is considering borrowing USD 750 mn from abroad, Amwal Al Ghad reports. EGPC had…
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