{"id":550107,"date":"2022-10-13T03:40:31","date_gmt":"2022-10-13T03:40:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/egas-the-other-pif-plus-news-from-btech-bny-mellon-and-cira\/"},"modified":"2022-10-13T03:40:31","modified_gmt":"2022-10-13T03:40:31","slug":"egas-the-other-pif-plus-news-from-btech-bny-mellon-and-cira","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/egas-the-other-pif-plus-news-from-btech-bny-mellon-and-cira\/","title":{"rendered":"EGAS + the \u2018other\u2019 PIF. Plus; News from BTECH, BNY Mellon and CIRA"},"content":{"rendered":"

<\/a> EGAS is closing in on an agreement with the Palestine Investment Fund to <\/strong>develop the Gaza Marine offshore gas field<\/strong>, Bloomberg Asharq<\/a> reports, citing sources it says have knowledge of the matter. EGAS signed an MoU<\/a> on the project with the Palestine Investment Fund last year. Gas extraction is expected to begin within three years of signing the final agreement. The field, located 22 nautical miles off the coast of the Gaza Strip, contains an estimated stock of 1 tn cubic feet of gas, which could be pumped for 10 to 12 years. Reuters<\/a> also had the story.<\/p>\n

BTECH launches innovation hub: <\/strong>Electronics retail giant BTECH has launched b_labs, a tech innovation hub designed to create solutions and systems for the company, according to a statement (pdf)<\/a>. The company will look to attract \u201chundreds\u201d of tech entrepreneurs to build solutions servicing BTECH\u2019s different business verticals, with b_labs kicking off a training academy at a later stage, the statement says.<\/p>\n

BNY Mellon<\/strong> says it has cut transfer times between China and Egypt to three hours from at least two days previously using its new Swift Go service. The bank was intermediary between QNB Al Ahly and Shanghai Pudong Development Bank on the transfer, it said in a statement, pdf<\/a>.<\/p>\n

CIRA <\/strong>has 32.2k students enrolled in its schools (up 5.6% y-o-y) and 16k students enrolled in its universities (up 14.3% y-o-y) for the academic year 2022\/2023. (Statement, pdf<\/a>)<\/p>\n

ALSO- <\/strong>NGOs have another six months<\/strong> \u2014 until 11 April, 2023 \u2014 to legalize their <\/strong>status <\/strong>in the country, after the Social Solidarity Ministry extended the deadline. (Statement<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

EGAS is closing in on an agreement with the Palestine Investment Fund to develop the Gaza Marine offshore gas field, Bloomberg Asharq reports, citing sources it says have knowledge of the matter. EGAS signed an MoU on the project with the Palestine Investment Fund last year. Gas extraction is expected to begin within three years […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,1432,402,531,1086,9731,72,167,648,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550107","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cds","tag-cira-education","tag-civil-society","tag-e","tag-ega","tag-enterpriseam","tag-gaza","tag-metaverse","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"8b2affdc-91db-4d3e-9f85-f93d2f8b4b2e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[550082],"teaser":"","voice_url":""},"yoast_head":"\nEGAS + the \u2018other\u2019 PIF. 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We also got updates on: Egyptian-Palestinian efforts to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/338.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589012,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/20\/israeli-military-raid-in-jenin-kills-5-palestinians-wounds-90-more\/","url_meta":{"origin":550107,"position":1},"title":"Israeli military raid in Jenin kills 5 Palestinians, wounds 90 more","author":"enterpriseam admin","date":"20 June 2023","format":false,"excerpt":"Fighting was among the worst the occupied West Bank has seen in years","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1000.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560268,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/were-taking-big-strides-towards-our-energy-hub-ambitions\/","url_meta":{"origin":550107,"position":2},"title":"We\u2019re taking big strides towards our energy hub ambitions","author":"enterpriseam admin","date":"22 February 2021","format":false,"excerpt":"The Damietta LNG plant is (finally) back online after eight years of being idled, with two liquefied natural gas shipments making their way out of the Damietta Port yesterday, marking a key step towards our ambitions to become an energy hub and boost natgas exports to Europe. An LNG carrier\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/312.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575474,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/sdx-energy-receives-egas-approval-to-extend-south-disouq-concession-agreement\/","url_meta":{"origin":550107,"position":3},"title":"SDX Energy receives EGAS approval to extend South Disouq concession agreement","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"SDX Energy has received approval from state-owned EGAS to extend its South Disouq concession agreement for another two years, Al Mal reports. The company requested the extension following promising results from recent discoveries in the area and is planning to drill two new wells to tap into 165 bcf of\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573969,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/25\/egas-taqa-arabia-sign-agreement-to-bring-natgas-in-el-wadi-el-gedid-homes\/","url_meta":{"origin":550107,"position":4},"title":"EGAS, TAQA Arabia sign agreement to bring natgas in El Wadi El Gedid homes","author":"enterpriseam admin","date":"25 August 2020","format":false,"excerpt":"The Egyptan Natural Gas Holding Company (EGAS) signed yesterday a cooperation protocol with Qalaa Holdings\u2019 TAQA Arabia to connect homes in El Wadi El Gedid to the natural gas grid by using compressed natural gas (CNG), according to an Oil Ministry statement. The agreement will see 14k homes in the\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568901,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/egas-scraps-plan-to-increase-domestic-natgas-production-to-8-bcf-this-fiscal-year\/","url_meta":{"origin":550107,"position":5},"title":"EGAS scraps plan to increase domestic natgas production to 8 bcf this fiscal year","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"EGAS\u2019 plan to increase domestic production of natural gas to 8 bcf\/d in FY2019\/2020 has been hindered by the global decline in the price of natural gas and the abundant supply for local consumption, sources from EGAS told Al Mal. The sources said that the inability to implement the plan\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550107"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550107\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/550082"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550107"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550107"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}