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Earnings watch: CIB, Qalaa Holdings report 1Q2020 earnings
EARNINGS WATCH- CIB profits fall 9% in 1Q2020: CIB’s net profits fell 9% y-o-y to EGP 2.4 bn during the…
FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public finances
LEGISLATION WATCH- FinMin pushes through change to levy on fuel as House green-lights new fees to help shore up public…
Egypt’s LNG exports make up 1% of the global market
Egypt’s liquified natural gas (LNG) exports made up 1% of the global market in 2019, according to a recent report…
SDX Energy’s Sobhi well set to produce 10-12 mcf / d of natural gas
SDX Energy is expected to produce 10-12 mcf / d of natural gas from its Sobhi well, the company said…
Apicorp to support member countries with USD 500 mn ‘covid-19 recovery’ funding
Egyptian companies will be among the beneficiaries of USD 500 mn in covid-19 recovery funding from Apicorp: The Arab Petroleum…
Your top 5 infrastructure stories of the week
Your top infrastructure news of the week: Damietta LNG plant agreement collapses: An agreement to reopen the Damietta LNG plant…
What we’re tracking on 28 April 2020
BIG NEWS AT HOME- Egypt is reportedly looking to get USD 3 bn from the International Monetary Fund under the…
Dana Gas plans to use proceeds of Egyptian asset sale to pay sukuk
The UAE’s Dana Gas confirmed in a bourse statement (pdf)on Thursday that it intends to use proceeds from the (reportedly…
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