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Cabinet greenlights Scatec Europe interconnector MoU
The Norwegian company wants to build a 3-GW electricity link between Egypt and Italy
Dubai tightens crypto stance
Dubai’s regulators are adopting a more stringent stance towards crypto: Dubai’s crypto regulator has issued a written reprimand to the…
Saudi net foreign assets slump to 13-year low
This comes despite a bumper dividend payout from Aramco
Regulators just greenlit Egypt’s first ever gold investment fund. PLUS: Data center upgrade, new Sawari tech fund, oil + gas exploration.
Gold prices have surged 60% this year on ongoing economic uncertainty
Capricorn Energy to pay out USD 575 mn to investors. PLUS: carbon storage, new state-owned fintech, cars for expats
Capricorn has appointed Transglobe’s former CEO, Randy Nelly, to head the company
Egyptian, Indian firms to team up on USD 80 mn pharma materials plant
Egyptian and Indian firms will spend USD 80 mn on a pharma materials plant
Eni to drill new Mediterranean exploration well + Chevron looks to ramp up East Med exploration -reports
Eni and EGPC’s Petrobel will drill the Orion X1 well at a USD 130 mn cost
Zohr slump hampers national gas output -report
LNG exports hold up thanks to imports of Israeli gas
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