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Industry requests another cut in gas prices to USD 3.5/mmbtu
Industrial players still want to pay less for natural gas… Chemicals and fertilizer manufacturers are raising the issue of lowering…
Dana Gas in talks with IPR Energy over sale of Egypt assets
M&A WATCH- The UAE’s Dana Gas is in talks with Texas-based IPR Energy over the sale of its Egypt assets…
Health, financial services among four new sub-funds announced by Sovereign Fund of Egypt
The Sovereign Fund of Egypt (SFE) has set up four sub-funds covering healthcare, financial services, tourism and real estate, and…
CIB on track to issue Egypt’s first green bonds in October
CIB’s USD 65 mn in green bond issuance take place in October after finalizing the due diligence process, Heba Abdellatif,…
Unnamed NBFS firm enters race for Blom Bank Egypt
M&A WATCH- Competition for Blom Bank acquisition could heat up as third potential suitor enters the race: Another foreign financial…
Egypt could get an upgrade from Moody’s as our credit profile proves “resilient” to shocks
Egypt could get an upgrade from Moody’s as our credit profile proves “resilient” to shocks: Indicators that measure Egypt’s credit…
IMF releases report card on pandemic aid to Egypt
The IMF heaped praise on Egypt’s response to covid-19 in a staff report on the recently-approved one-year USD 2.8 bn…
Media regulation council appoint Ahmed Abdel Aziz as sec-gen
MOVES- Ahmed Abdel Aziz appointed SCMR sec-gen: The Supreme Council for Media Regulation has appointed Ahmed Abdel Aziz as its…
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