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THIS EVENING: Scatec to build 1-GW solar plant to power EgyptAlum’s Nagaa Hammadi complex
Good afternoon, ladies and gentlemen, and happy hump day. The news cycle hasn’t let up yet as we are bracing…
BP has USD 1.5 bn of investments in the pipeline for Egypt. PLUS: TAQA eyes offshore expansion, USD 1.5 bn ITFC top-up, EFG Corps-Solutions to provide EGP 10 bn financing, GoBus launches KSA arm
BP could also invest an additional USD 5 bn over the coming years
Israel to up Tamar gas exports to Egypt by 4 bn cubic meters per year over the next decade
The increased volumes will depend on output from the Tamar field increasing
Arab International Company for Hotels and Tourism eyes asset sales to pay off debts. PLUS: Egyptian-Chinese cars by 2025, Egypt commits to Eni payments, MSC eye logistics investments, Real Estate Tax Authority + E-Tax, Banque Misr SME platform
Unconfirmed media reports in 2023 said that the company had received a USD 320 mn offer from a Qatari group…
What does Saudi’s interest in selling clean electricity mean for Egypt?
The Saudi project, and others from KSA and the UAE, will not hurt Egypt’s aspirations of becoming a regional energy…
Adnoc, BP to form gas JV in Egypt
The JV is set to be established in 2H 2024
Climate risks are threatening Egypt’s water scarcity — so, what’s being done to alleviate pressure?
The World Bank predicts that Egypt will reach the absolute water scarcity threshold by 2033
Enap Sipetrol to invest USD 70 mn on drilling wells in the Western Desert. PLUS: News from Delta Steel, Labor Ministry, Madinet Masr
Enap wants to drill four development wells and three exploratory wells in its East Ras Qattara concession
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