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Houses passes tougher FGM penalties
People will face tougher penalties for committing female genital mutilation after the House yesterday approved amendments to the penal code…
UAE’s Dana Gas walks back on plans to offload Egypt assets
Sale of Dana Gas’ Egyptian assets breaks down: Abu Dhabi-listed energy producer Dana Gas has canceled plans to sell its…
We’re going to pay more at the gas pump for the first time since 2019
The government raised fuel prices by 3-4% over the weekend following a rise in global oil prices during the first…
Egypt’s economy to grow 3.1% this fiscal year, says BNP Paribas
Egypt’s economy is expected to grow at a 3.1% clip in the government’s current 2020-2021 fiscal year, down from 3.8%…
Can a green future be good for both people and the planet?
The green transition is picking up momentum, with left-wing politicians in the developed world increasingly calling for climate change mitigation…
Gov’t doubles natgas station target to 1k by the end of 2021
Egypt should have 1k natural gas filling stations set up nationwide by the end of the year under a government-backed…
ADQ teams up with Adnoc on Wataniya bid
Abu Dhabi’s sovereign wealth fund ADQ is joining forces with Abu Dhabi National Oil Company (Adnoc) in its takeover bid…
Also on our Radar on 5 April 2021
Some 25 shipments of liquefied natural gas were exported via Egypt’s Idku LNG terminal in the first three months of…
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