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Fuel price hikes coming before September?
Fuel price hikes coming before September? The rumor mill has kicked into overdrive. The government is planning to hike fuel…
Speed Round
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Egypt starts weaning itself off LNG, domestic production increases
We’ve started weaning ourselves off imported natural gas, Reuters says: Egypt is holding talks with its LNG suppliers to defer…
Egypt passes IMF inspection and will receive the second tranche of the loan
Egypt is now just a few signatures away from receiving the second tranche of its USD 12 bn loan from…
What you clicked in the last week
Among the most-clicked stories in Enterprise in the past week: The Ikhwan are running their own parallel lobbying mission in…
International headlines of note: Eni earnings, Olayan unit to IPO, uproar over Polish tourist’s death in Hurghada
On the international news front this morning: Eni reported its best quarterly profits in two years in 1Q2017 on higher…
Snap takes it on the chin after maiden earnings fall short
Take investors’ money, don’t give them disclosure, don’t execute — and pay the price. You may recall our rather intense…
HeidelbergCement sales in Egypt drop sharply in 1Q2017
HeidelbergCement says its 1Q2017 sales dropped sharply in Egypt due to weak market conditions. While it did not give a…
House approves 10% social welfare raise for employees not covered by Civil Service Act
After what felt like a lifetime of postponements, House passes 10% hardship raise: The House of Representatives finally approved the…
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