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Gov’t hikes gas cylinder prices by up to 50%
Good afternoon, friends. It's a calmer day for business news in Egypt as we inch closer to closing out this…
Load shedding resumption plans shelved?
Good morning, folks. As we enter the second half of this shorter than usual workweek, tourism investment news is leading…
Madbouly’s investment charm offensive in Riyadh continues to dominate the talk show circuit
The day was capped off by Saudi Crown Prince Mohammed bin Salman’s directive that the PIF inject USD 5 bn…
Gov’t to scrap Beni Suef power plant sale?
Good morning, folks. We’ve got another packed issue for you today, full of FDI, renewables, M&A, real estate, and tax…
AMEA Power to invest USD 800 mn to develop Africa’s largest solar power plant and battery storage projects in Upper Egypt. PLUS: Scatec, two int’l consortia set the wheels in motion on renewables projects.
AMEA will develop a 1 GW solar power plant with 600 MWh battery storage system in Benban — expected to…
Egypt secures 20 LNG cargoes for some USD 907 mn to cover winter demand. PLUS: Gov’t mulls hiking gas prices for factories
The EGPC received offers at “very competitive rates” deemed well below market price
It’s blackout decision time for the oil, electricity ministries
Good morning, wonderful people. We’ve made it through another week together. Before we dive into this morning’s top stories, we’re…
Palm Hills to embark on USD 300 mn project to set up 15 Saudi schools. PLUS: Contact Financial, Brotinni, ISIS Organic, EFG Hermes, Ayadi, Vacsera
The developer also has plans to set up ten schools in the Egyptian market
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