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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…
Tamim Khalllaf named Foreign Ministry spokesperson
Khallaf succeeds Ahmed Abu Zeid, who was appointed as Egypt’s ambassador to Brussels
International schools and parents express mixed reactions towards curriculum amendments
The decision will be implemented as of September 2025
T&C Garments readies investments to up production 30% 2026. PLUS: Madinet Masr, Urban Development Fund, ZeroCarbon, ERG Development
The investments will go towards adding new production lines, as well as replacing and restoring older machines
Our long-awaited electricity rate hikes are here, capping off a busy summer of subsidy reform
Those in the highest two consumption brackets will see their rates rise between 35-40%
Mitsubishi and another undisclosed Japanese firm selected to set up Hurghada’s 20 MW solar power plant
The facility will be Egypt’s first solar station to be equipped with a battery to store energy
Gov’t mull African investor-focussed freezone to boost trade with the continent
Good morning, friends, and happy hump day. As we get ready for PMI data later this morning that will give…
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