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Dana Gas wants to reinvest USD 58 mn in Egypt. PLUS: News from Ades and Transport Ministry,
The Emirati firm wants to use the money to drill more wells and increase production
El Sisi’s third term comes bearing major export and transport targets
The government wants to increase exports to USD 145 bn by 2030
Gov’t is getting USD 250 mn to boost food + energy security
The loan will be equally split between the EGPC and GASC
B2Gold is looking to sell gold exploration licenses to Lotus Gold. PLUS: Heliopolis Housing multi EGP bn land purchase, Egyptian National Railways loan
B2Gold is pivoting away from Egypt to focus on its operations in South Africa
Egypt to survey land plots for new renewable energy projects. PLUS: Recycling phones, more hotels, and an airline returns to Egypt.
MORE SOLAR + WIND PROJECTS? The New and Renewable Energy Authority (NREA) will run studies on the suitability of almost…
Five int’l firms qualify for freight railway bypass tender. PLUS: ACUD, Beeah, wheat, Telecom Egypt
THE RACE IS ON FOR RAIL CONTRACT: Five international firms — including Chinese rail firms CRIG and CRRC, Siemens, Alstom,…
EFG Holding exits Jordan, Air Cairo expands to West Africa + GASC buys 180k tons of wheat
GOODBYE, AMMAN- EFG Holding has completed its exit from Jordan. (Companydisclosure, pdf). HELLO, WEST AFRICA- Air Cairo will begin flying…
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
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