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Mienta to invest USD 5 mn in new factory in SCZone. PLUS: News from the National Dialogue, Dragon Oil, Heliopolis Housing + BanknBox
The factory will produce small home appliances and start operating in 2024
Rolling blackouts get ink in the foreign press
Egypt has suffered from rolling blackouts for the past two weeks amid soaring temperatures
Blackout schedules are in effect (well, sort of)
Areas across the country yesterday reported suffering power cuts outside of the government’s new schedule
Day 1 of the blackout schedule didn’t go to plan
The government expects to spend USD 250-300 mn on importing mazut to reduce the rolling blackouts
Blackout schedule dominates the airwaves
The government published its schedule for daily power cuts across the country yesterday
Maersk could acquire half of the 545-MW Zafarana wind farm
Maersk has been invited to submit an official offer and enter talks
THIS EVENING: Gov’t starts announcing blackout schedules
Good afternoon, friends. It’s a relatively calm news day on the home front, as most people remain preoccupied with power…
Oil prices look to notch biggest monthly gains since January 2022 in July
Brent and US crude have hit their highest levels since April as the market tightens
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