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The gov’t wants to add nearly 330 mmcf / d to domestic gas production by year-end, mostly from Zohr and West Mina
The move is part of a larger upstream push, but a significant rebound for domestic output isn’t going to materialize…
JPMorgan’s new frontier index gives Egypt its biggest possible weighting
Good morning, friends. Two stories today about markets that aren’t what they look like — and they mislead in opposite…
Oman postpones Iran negotiations + oil prices go up
Good afternoon, friends, and welcome back. Today we ask a question that’s been nagging at us since Le’ebet Gohannam topped…
BME signs contract with China’s CATL for EGP 2 bn battery systems plant
The facility will start with commercial-vehicle batteries before expanding into passenger cars and renewable-energy storage with 40% local content
Qalaa Holdings will more than double its stake in subsidiary Egyptian Refining Company
Good morning, everyone. Digitizing, standardizing, and localizing are all on deck in today’s issue. Overland freight is moving toward digitization.…
Energean considers USD 150 mn to double Egypt production over the decade, unlock 4 tcf of potential gas acreage
Energean and EGPC finalize improved fiscal terms for a three-concession merger that unlocks a USD 150 mn investment program, doubles…
MNT-Halan’s local arm is heading to the EGX
Good morning, friends. Stories in today’s issue circle the same questions: where is Egypt putting its money next, and who…
US weighs scaling back Middle East footprint as Houthis wound 73 in strikes on Saudi Arabia
Good afternoon, folks, and happy hump day. Today we look at what would happen to money market fund returns if…
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