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EETC inks contracts for USD 400 mn Gulf of Suez wind farm
EETC inks contracts for USD 400 mn Gulf of Suez wind farm: The Egyptian Electricity Transmission Company (EETC) signed contracts…
US increases its Mediterranean naval presence as ExxonMobil begins Cyprus gas exploration
Meanwhile, the East Mediterranean looks to be heating up, as the world reacts to Turkey’s bullying. The US has upped…
EGAS to issue LNG tenders in 2Q2018
EGAS is planning to issue a tender for an unspecified amount of LNG in 2Q2018, an unnamed EGAS source tells…
Pharos appoint El Afifi as MD and Co-CEO
MOVES- Pharos Holding announced appointing Aladdin El Afifi as Managing Director and Co-CEO. El Afifi joins Pharos with more than…
BPE Partners-led consortium to invest USD 30 mn in private university
INVESTMENT WATCH- A BPE Partners-led consortium is planning to invest USD 30 mn in a private university outside Cairo, BPE…
Sawiris’ Pakistani real estate venture to break ground on USD 2 bn development in Islamabad next month
Naguib Sawiris’ Pakistani real estate business Ora Developers will begin constructing a USD 2 bn residential project on the outskirts…
Greece’s Energean raises USD 1.27 bn to fund its development of Israeli gas fields
More feedstock for Egypt as natural gas export hub? Greek energy explorer and producer Energean has signed a USD 1.27…
Shoukry meets US special envoy on Qatar a day after Sisi and Trump talk Syria, Iran, and Russia
Foreign Minister Sameh Shoukry met with a US delegation headed by Special Envoy Anthony Zinni yesterday to discuss updates on…
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