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No blackouts during the Eid break?
It was a mixed bag on the airwaves last night, with news that the government may pause rolling blackouts for…
China’s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025
The investments will go towards increasing container capacity at various Egyptian ports
Egypt lining up oil tenders, development projects to bolster energy security
The gov’t has been sitting on 10-12 international oil and gas tenders, as unpaid arrears forced their delay
Float, higher revenues push up Elsewedy Electric’s bottomline
Revenues rose 35.7% y-o-y to EGP 45.3 bn during the quarter
Höegh LNG’s floating regasification unit set to dock in Ain Sokhna next week
The government is reportedly leasing the unit until February 2026 for USD 90 mn a year
On power cuts and hot chicken
It was quieter than usual on the airwaves last night, with the nation's talking heads continuing their coverage of the…
Fertilizer companies halt production amid gas supply disruptions
The government wants to ramp up LNG imports to address the supply gap caused by heightened demand
Smart mobility could help solve Egypt’s urbanization issues and promote sustainability
Chronic urban issues from pollution to heavy traffic and overcrowding could be reduced through the introduction of smart mobility systems
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