Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Government pledges to end power cuts by third week of July with USD 1.2 bn set aside for energy imports and other initiatives
Madbouly penciled in the third week of July as when the country will be ready to “stop cutting electricity completely…
Turkish USD 700 mn denim factory gets gov’t greenlight. PLUS: Ades inks drilling contract, Forbes International Tower to cost USD 1 bn, Sahl eyes digital banking license, Alwady Green heads to KSA
The factory will be built on an area of 100k sqm and will provide around 5k jobs during its first…
Carlyle to launch Mediterranean energy company with USD 945 mn acquisition of Energean’s Egyptian, Croatian, and Italian assets
Energean will sell the assets for more than three what it paid for them in 2020
EGAS eyes securing at least 17 LNG shipments over the next three months
EGAS is looking to receive the shipments via floating terminals in Jordan and Ain Sokhna
Egypt lining up oil tenders, development projects to bolster energy security
The gov’t has been sitting on 10-12 international oil and gas tenders, as unpaid arrears forced their delay
Höegh LNG’s floating regasification unit set to dock in Ain Sokhna next week
The government is reportedly leasing the unit until February 2026 for USD 90 mn a year
Fertilizer companies halt production amid gas supply disruptions
The government wants to ramp up LNG imports to address the supply gap caused by heightened demand
Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group
Firms have 12 months to comply with the new rules.
Something went wrong. Please refresh the page and/or try again.