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Mohamed Alabbar wants to redevelop gov’t buildings in downtown Cairo. PLUS: New oil find, more wheat incoming + budget flights from London to Cairo
Alabbar’s Emaar is planning to expand its presence on the North Coast
There was no shortage of topics on the airwaves yesterday with a new oil discovery in the spotlight
A new oil discovery in the Geisum-Tawila West concession area.
Changing of the guard at state oil + petchem firms
Mopco, Midor, Ethydco, and Ganope all got new heads
ADES to IPO in Riyadh next quarter?
The company reportedly aims to raise USD 1.2 bn from the offering
Arm Holding files for blockbuster IPO on Nasdaq
Arm could be one of the US’ biggest-ever tech listings
Apache to invest USD 1.4 bn in Egypt in 2024. PLUS: Cairo International Airport Terminal 4, another GASC wheat tender + new solar tender
The US oil company is interested in exploring for gas in the Eastern Mediterranean
Dragon Oil wants a piece of the Nargis EastMed concession
Dragon Oil could purchase a 20% stake in the field from the US energy giant
Global oil demand hits record high in June. PLUS: Threats to global LNG supply and fresh US inflation data.
Oil prices have risen more than 10% since July as supply tightens and consumption in China grows
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