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Qatar Energy inks agreement to acquire 23% of Mediterranean’s North El Dabaa block
Good morning folks, and welcome to day two of the work week — buckle in for a packed news day…
Electricity Ministry sets offtake prices for stored solar energy. PLUS: Knauf + Hassan Allam Construction, Siemens, Dynamic Distribution, Aton
RENEWABLES- Egypt sets tariffs for stored solar energy: The Electricity Ministry has put a price tag on energy produced from…
Egypt has paid 78% of its arrears to foreign oil and gas companies since March
Clearing arrears is part of a larger plan to increase local production following a costly few months of energy imports
Oil Ministry gets the ball rolling on USD 530 mn sustainable aviation fuel project
The project aims to produce 120k tons of sustainable aviation fuel and reduce carbon emissions by 400k tons a year
Global firms are interested in Egypt’s oil sector. PLUS: News from Bonya, Alex Container, Telecom Egypt
PLUS- Energean’s USD 945 mn asset sale to Carlyle set to go through by year end
Eastern Company hikes cigarette prices for the fourth time this year. PLUS: News from Palm Hills, Misr Petroleum, GASC
The increase came in response to the Finance Ministry enacting the law that allows companies to raise prices by 12%…
Cyprus is prepared to export natural gas to Europe via Egypt
Good morning, folks. The news flow has calmed down a bit after a pretty busy start to the week. WATCH…
Cairo Housing’s bid for a larger stake in United Housing moves forward. PLUS: News from Eastern Company, EverGrow, GASC
Cairo Housing and Development last month announced that it would submit an MTO for a stake in United for Housing…
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