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Egypt hikes household gas prices
The new prices will see consumers paying up to EGP 5 per cbm
A deep dive into Egypt’s localization efforts
The government is aiming to localize 152 industries by 2030
Hospitality players’ EGP 50 bn subsidized loan program goes live. PLUS: News from Accor, Air Cairo, Somabay
The program was greenlit by the cabinet back in July
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
Cabinet approves changes to debt management committee and setting up an energy planning committee + tax facilities
Gov’t debt management committee will be tasked with setting an annual cap for our external borrowing
Egypt Gas to help supply Jordan’s Quweira Industrial Zone with natgas
The project should be completed in 11 months
Big Tech is looking towards micro nuclear reactors to powers its power-hungry AI ambitions
Going nuclear. Big Tech is putting its resources behind developing nuclear technology in small modular reactors (SMRs) to support the…
TAG Oil is raising USD 7.2 mn to fund activities in Egypt. PLUS: News from Knauf, Oppo, Elsewedy
The company will use the funds to expand its work in the Badr field as well as a new 512k-acre…
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