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The Egypt Energy Show was center stage on last night’s talk shows
El Sisi’s address indicated that Egypt may not be able to meet some of its targets for renewable energy due…
Israel to up Tamar gas exports to Egypt by 4 bn cubic meters per year over the next decade
The increased volumes will depend on output from the Tamar field increasing
EKH wants in on the state’s privatization program. PLUS: Sawari Ventures USD 150 mn fund, Evolve gold investment fund, Fincart KSA HQ, Tamar ups production, Marakez loan
EKH also wants to set up electricity distribution stations under build-own-transfer agreements with the government
The Egypt Energy Show kicks off today
Good morning, wonderful people. Ramadan is still three weeks away, but it feels like the business news slowdown for the…
Arab International Company for Hotels and Tourism eyes asset sales to pay off debts. PLUS: Egyptian-Chinese cars by 2025, Egypt commits to Eni payments, MSC eye logistics investments, Real Estate Tax Authority + E-Tax, Banque Misr SME platform
Unconfirmed media reports in 2023 said that the company had received a USD 320 mn offer from a Qatari group…
Wataniya closes in on three final offers
Good morning, wonderful people and welcome to the start of the week. We’re off to a slow start in local…
Adnoc, BP to form gas JV in Egypt
The JV is set to be established in 2H 2024
Gov’t’s Pharos Energy bill rises to USD 37 mn. PLUS: Schneider solar projects, Tata Motors team up with MM Group, ValU + Bosta + PayTabs, Heliopolis Housing project, Nokia factory, new ADIB microfinance firm
The company intends to refrain from retrieving its USD-denominated receivables due to the exchange rate volatility.
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