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Egypt slashes gas supplies to fertilizer companies
Good morning, everyone. It’s a busy morning here in Egypt led by the news of activity in the non-oil private…
Aramco secondary offering sells out within hours
Aramco’s blockbuster secondary share sale was fully covered just “hours” after kicking off yesterday, Bloomberg reports, citing a document it…
North Petroleum to boost production from Western Desert block. PLUS: News from Harbour Energy, Alfa Trans, Mal Bazaar, Instapay
Harbour Energy snaps concessions in the Nile Delta, Mediterranean
Madbouly hints at pricier bread, fuel, electricity
The government allocated EGP 125 bn to bread subsidies for the upcoming fiscal year
Hassan Allam takes on Saudi coral preservation project PLUS: News from Petrojet, Post for Investment, Edita
The project is part of the Coral Restoration Initiative, launched by KAUST and Neom
More blackouts chatter on the airwaves
Another night with blackouts coverage dominating the airwaves, with the nation’s talking heads receiving fresh comments from our electricity minister…
Adnoc Drilling sells USD 935 mn stake in secondary sale
The Adnoc subsidiary priced its offering at AED 3.90 a share
The details of Philip Morris’ Eastern Company stake acquisition. PLUS: News from Azza Fahmy, cabinet, INA
Philip Morris snapped up 49% of the UK-registered UK Egypt Investments Holding Limited, the sole owner of Global Investment Holding
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