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Singapore chemicals firm eyes Egypt. PLUS: EgyptAlum, valU and a USAID-backed entrepreneurship initiative
The company signed an MoU with the Sovereign Fund of Egypt yesterday
Power crisis could last until mid-August, says Electricity Ministry official
Some fertilizer producers are seeing their gas supply cut by 20% as the government looks to plug the gas shortfall…
Output cuts are taking their toll on Saudi oil income
Monthly oil revenues fell by a third in May to hit their lowest level since September 2021
Military-owned institution acquires 20% of Taqa Arabia
Taqa sold its shares at a 46% discount to market value
Last Night’s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves
Officials will hold a press conference soon to address the issue
Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
Oil prices to rise this year amid “serious” supply-demand imbalance, says IEF official
Oil exporters have removed more than 1 mn barrels of oil per day from the market this year under efforts…
Matouk Bassiouny + Taqa Arabia look to expand in Saudi Arabia
The local law firm could open a second branch in Jeddah
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