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Singapore chemicals firm to invest USD 700 mn in 2 factories. PLUS news from BP, Orascom Construction, aiBank, Glamera, and Waterway Developments.
PLUS: BP to drill four exploratory gas wells in the Mediterranean before the end of the year
BP to invest USD 3.5 bn in Egypt in 3 years. PLUS: latest on Middle East Glass, Cairo-Tokyo flights + new education visas
BP CEO Bernard Looney held talks with President Abdel Fattah El Sisi yesterday
ADES International to IPO in Riyadh in September
Bookbuilding kicks off on 10 September
Gov’t to offer up to 10 oil and gas concessions in exploration tender
Concessions could be up for grabs in the Gulf of Suez, Red Sea, and South Valley
THIS EVENING: Gov’t to launch oil exploration tender soon
Happy Sunday, friends. It’s one of those surprisingly slow Sunday afternoons, but it’s still whizzing by as we recalibrate from…
The Egyptian Securities Federation is finally a thing. PLUS: wheat talks, Air Cairo, Madbouly in South Africa, Fawry, Endeavor, and Neptune Energy
The ESF has been five years in the making
Global stocks lose almost USD 3 tn in August on China fears, rising US rates
MSCI benchmark of global stocks on course for its worst month since September
Israel could boost gas exports to Egypt — eventually
Egypt could import an extra 3.5 bcm of gas per year
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