{"id":621655,"date":"2018-11-14T04:31:39","date_gmt":"2018-11-14T04:31:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/correction-4\/"},"modified":"2018-11-14T04:31:39","modified_gmt":"2018-11-14T04:31:39","slug":"correction-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/correction-4\/","title":{"rendered":"CORRECTION"},"content":{"rendered":"<p><strong>CORRECTION- The EGPC owes UK\u2019s Rockhoppers Exploration arrears of USD 1.9 mn, <\/strong>not USD 1.9 bn as we reported yesterday, for the latter\u2019s interest in the Abu Sennan concession. We have since corrected <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/13\/rockhoppers-begins-jahraa-6-oil-production-in-egypts-abu-sennan-concession\/\">the story<\/a> on our website. Apologies for the clumsy fingers, folks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORRECTION- The EGPC owes UK\u2019s Rockhoppers Exploration arrears of USD 1.9 mn, not USD 1.9 bn as we reported yesterday, for the latter\u2019s interest in the Abu Sennan concession. We have since corrected the story on our website. Apologies for the clumsy fingers, folks.<\/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":[8572],"tags":[557,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621655","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egyptian-general-petroleum-corporation","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cab1c886-67af-47f3-9a84-4c45ad52d52b","order":"0","is_powered_by":true,"section_story_id":"46fd496c-bc96-4779-b29b-7ea32597ee89","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621638],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CORRECTION - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/correction-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CORRECTION\" \/>\n<meta property=\"og:description\" content=\"CORRECTION- The EGPC owes UK\u2019s Rockhoppers Exploration arrears of USD 1.9 mn, not USD 1.9 bn as we reported yesterday, for the latter\u2019s interest in the Abu Sennan concession. 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That record was brokenlast month with BasharSoft\u2019s job recruitment platforms Wuzzuf and Forasna raising USD 6 mn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621234,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/correction-3\/","url_meta":{"origin":621655,"position":1},"title":"Correction","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"CORRECTION- We had picked up an incorrect report from the domestic press last week claiming that Egypt\u2019s non-oil exports rose 7% y-o-y in 9M2018 to USD 16.6 bn. Exports actually rose 11% y-o-y during the period to reach USD 18.5 bn compared to USD 16.6 bn during the same period\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629816,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/correction-trade-deficit-figures-for-1h2017-18\/","url_meta":{"origin":621655,"position":2},"title":"CORRECTION- Trade deficit figures for 1H2017-18","author":"enterpriseam admin","date":"2 April 2018","format":false,"excerpt":"CORRECTION- We made a couple of errors on our report on Egypt\u2019s trade deficit figures for 1H2017-18: Merchandise exports increased to EGP 12.1 bn in 1H2017-18 and not EGP 12.9 bn; and net foreign holdings in Egypt\u2019s T-bills grew to USD 8.1 bn from USD 686.7 mn not bn. The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627250,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/correction-13\/","url_meta":{"origin":621655,"position":3},"title":"Correction","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"CORRECTION- We incorrectly referred to Humansoft Holding\u2019s USD 226 mn secondary offering on the Kuwait Stock Exchange, which was successfully concluded in record time by sole sellside bookrunner and financial advisor EFG Hermes, as an IPO. We apologies for the mistake and the story has since been corrected on the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630517,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/correction-ci-capital-actually-reeled-in-egp-9-9-bn-in-demand-during-ipo-book-building\/","url_meta":{"origin":621655,"position":4},"title":"Correction - CI Capital actually reeled in EGP 9.9 bn in demand during IPO book-building","author":"enterpriseam admin","date":"23 April 2018","format":false,"excerpt":"CORRECTION- We had incorrectly said in yesterday\u2019s issue that CI Capital had reeled in orders totaling EGP 3.17 bn (USD 179.0 mn). The figure was actually the market capitalization of the firm prior to the closed subscription. The firm generated orders worth EGP 9.9 bn (USD 560 mn) during the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624870,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/20\/correction-baker-and-mckenzie-was-legal-counsel-for-afrexim-in-egpc-loan-agreement\/","url_meta":{"origin":621655,"position":5},"title":"CORRECTION- Baker and Mckenzie was legal counsel for Afrexim in EGPC loan agreement","author":"enterpriseam admin","date":"20 September 2018","format":false,"excerpt":"CORRECTION- Baker and Mckenzie acted as legal counsel to the African Export-Import Bank (AfreximBank) in its USD 200 mn loan agreement with the EGPC to finance the expansion of state-owned MIDOR\u2019s refinery, the law firm told us yesterday. Amwal Al Ghad had incorrectly reported that Shalakany Law Office had advised\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/621655","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=621655"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621655\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621638"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621655"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621655"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}