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Israel mulls bumping up LNG exports from Egypt
Israel mulls bumping up LNG exports from Egypt. Israel’s Delek Drilling will decide this year whether to expand its natural…
Egypt is expected to cut nat gas prices to factories in 1Q2020, analysts say
Egypt to cut natgas prices to factories in 1Q2020, analysts say: Plunging natural gas prices and market oversupply are increasing…
Central Bank of Egypt to launch mortgage finance program in March
CBE to launch mortgage finance program next month: The Central Bank of Egypt (CBE) is finalizing its mortgage finance program…
Egypt’s car sales fall 5.7% in 2019 -AMIC
Automotive sales fell 5.7% to 183k units last year, down from 194k in 2018, Al Mal reported citing figures from…
Americana approves Cairo 3A bid to acquire its stake in Egyptian Starch and Glucose
M&A WATCH- Starch and Glucose Company shareholders approve Cairo 3A acquisition bid: The Egyptian International Tourism Projects Company (Americana Egypt)…
International oil companies begin submitting offers for Shell’s Egypt assets
M&A WATCH- IOCs bidding for Shell’s Egypt assets: Royal Dutch Shell has begun receiving offers from international companies for the…
Egypt takes its first step toward privatizing some military-owned companies
PRIVATIZATION WATCH- Egypt takes its first step toward privatizing some military-owned companies: The Sovereign Fund of Egypt (SFE) and the…
Mashreq Bank considers purchasing majority stake in Arab Investment Bank
M&A WATCH- The UAE’s Mashreq Bank is considering acquiring a controlling stake in Egypt’s Arab Investment Bank (AIB), sources familiar…
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