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Also on our radar on 16 February 2021
More on the state’s plan to overhaul spinning and weaving: The Public Enterprises Ministry’s bid to streamline state-owned spinning and…
IFC to provide USD 30 mn in financing to glass maker Pasabahce Egypt
The International Finance Corporation (IFC) is lending USD 30 mn to the Egyptian arm of Turkish glassmaker Pasabahce to help…
Natgas regulator hikes transmission license fees
Natgas companies are going to pay more to use the national grid to move product this year after the Gas…
EastMed Gas Forum to come into effect 1 March
The Eastern Mediterranean Gas Forum will come into force on 1 March, the foreign ministers of Egypt, Greece and Cyprus…
Dana Gas says Egypt asset sale didn’t do its earnings any favors
Dana Gas points to Egypt asset sale for its 2020 losses: Abu Dhabi-listed energy producer Dana Gas reported a net…
What the markets are doing on 8 February 2021
Another Wall Street vet just called a bubble: Peter Kraus has warned that the US market may be due a…
What will it take to get electric cars on the road?
Infinity Solar subsidiary Infinity-E will install 300 electric car charging docks across Egypt by 2023 as part of an ongoing…
What the markets are doing on 4 February 2021
Netflix’s MENA rival just hit the jackpot: Regional streaming service Starzplay has received USD 25 mn in debt financing from…
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