{"id":639027,"date":"2017-10-19T03:59:51","date_gmt":"2017-10-19T03:59:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/"},"modified":"2017-10-19T03:59:51","modified_gmt":"2017-10-19T03:59:51","slug":"ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/","title":{"rendered":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation"},"content":{"rendered":"<p><strong>EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement& allegation:<\/strong> Egypt Kuwait Holding (EKH) has had to issue <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/208727_1.pdf\">a statement to the EGX<\/a> explaining that Tri-Ocean Energy has not been a subsidiary of the company since 25 February 2016, <a href=\"http:\/\/www.almalnews.com\/Story\/349730\/11\/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9-%D8%AA%D9%86%D9%81%D9%8A-%D8%AA%D8%A8%D8%B9%D8%A9-%D8%B4%D8%B1%D9%83%D8%A9-%D9%84%D9%87%D8%A7-%D9%85%D8%AA%D9%87%D9%85%D8%A9-%D8%A8%D8%A7%D8%AE%D8%AA%D9%84%D8%A7%D8%B3-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">Al Mal reports<\/a>. The statement follows reports <a href=\"http:\/\/www.youm7.com\/story\/2017\/10\/16\/%D8%A7%D9%84%D8%A3%D9%85%D9%88%D8%A7%D9%84-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D8%AA%D8%AD%D9%82%D9%82-%D9%81%D9%89-%D8%A3%D9%83%D8%A8%D8%B1-%D9%82%D8%B6%D9%8A%D8%A9-%D9%81%D8%B3%D8%A7%D8%AF-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\/3459715\">earlier in the week by Youm7<\/a> that two former senior Tri-Ocean Energy executives are allegedly being investigated by the Prosecutor General\u2019s Office amid accusations they embezzled as much as USD 1 bn (an unrealistic figure in any case) from the oil and gas company over a period of two years. An initial investigation had shown \u201cdodgy accounting\u201d and some USD 18 mn missing from Tri-Ocean\u2019s books, according to the newspaper. The report claims that the Prosecutor General has ordered an asset freeze and a travel ban on both executives and their families. EKH\u2019s statement says that the reports have no bearing on the company or its operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement&#038; allegation: Egypt Kuwait Holding (EKH) has had to issue a statement to the EGX explaining that Tri-Ocean Energy has not been a subsidiary of the company since 25 February 2016, Al Mal reports. The statement follows reports earlier in the week by Youm7 [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-639027","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9a9b4763-63af-4f1f-b82b-042cdeb98551","order":"0","is_powered_by":true,"section_story_id":"f1c5c57e-1d7e-42b9-bcf1-1d745f4add03","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639016],"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>EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation - 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\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation\" \/>\n<meta property=\"og:description\" content=\"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement&amp; allegation: Egypt Kuwait Holding (EKH) has had to issue a statement to the EGX explaining that Tri-Ocean Energy has not been a subsidiary of the company since 25 February 2016, Al Mal reports. The statement follows reports earlier in the week by Youm7 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-19T03:59:51+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation\",\"datePublished\":\"2017-10-19T03:59:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\"},\"wordCount\":166,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\",\"name\":\"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-19T03:59:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/","og_locale":"en_US","og_type":"article","og_title":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation","og_description":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement& allegation: Egypt Kuwait Holding (EKH) has had to issue a statement to the EGX explaining that Tri-Ocean Energy has not been a subsidiary of the company since 25 February 2016, Al Mal reports. The statement follows reports earlier in the week by Youm7 [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-10-19T03:59:51+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation","datePublished":"2017-10-19T03:59:51+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/"},"wordCount":166,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/","name":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-10-19T03:59:51+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/ekh-disavows-tri-ocean-energy-amid-reports-of-a-usd-1-bn-embezzlement-allegation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"EKH disavows Tri-Ocean Energy amid reports of a \u201cUSD 1 bn embezzlement\u201d allegation"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":623064,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/prosecutor-general-charges-three-former-tri-ocean-energy-execs-with-allegedly-embezzling-usd-1-bn\/","url_meta":{"origin":639027,"position":0},"title":"Prosecutor General charges three former Tri-Ocean Energy execs with allegedly embezzling \u201cUSD 1 bn\u201d","author":"enterpriseam admin","date":"21 October 2018","format":false,"excerpt":"** #8 Prosecutor General charges three former execs of the company once known as Tri-Ocean Energy with embezzling \u201cUSD 1 bn\u201d: Prosecutor General Nabil Sadek referred three former executives from Tri-Ocean Energy (now known as Mog Energy) to a criminal court for prosecution on charges they embezzled as much as\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":632749,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/19\/earnings-watch-ekh-reports-fy2017-results\/","url_meta":{"origin":639027,"position":1},"title":"Earnings watch: EKH reports FY2017 results","author":"enterpriseam admin","date":"19 February 2018","format":false,"excerpt":"EARNINGS WATCH- Our friends at Egypt Kuwait Holding (EKH) reported double-digit revenue growth in FY2017. The company posted net income of USD 138.2 mn, up from USD 69.8 mn in FY2016, on revenues of USD 413.7 mn, up from USD 351.2 mn the previous year, it said in a statement\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":621227,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/ekh-releases-additional-info-on-egp-3-bn-egypt-wood-product-investment\/","url_meta":{"origin":639027,"position":2},"title":"EKH releases additional info on EGP 3 bn Egypt wood product investment","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"INVESTMENT WATCH- EKH releases additional info on EGP 3 bn wood investment: Egypt Kuwait Holding (EKH) issued a clarification on Thursday on itsrecently announced plans to invest in wood production. The company is investing EGP 2 bn in a compressed wood plant in Beni Suef, which will be built over\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":624320,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/ekh-breaks-ground-on-egp-2-1-bn-fiberboard-factory-in-beni-suef\/","url_meta":{"origin":639027,"position":3},"title":"EKH breaks ground on EGP 2.1 bn fiberboard factory in Beni Suef","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"INVESTMENT WATCH- EKH breaks ground on EGP 2.1 bn fiberboard factory in Beni Suef: Egypt Kuwait Holding (EKH) has begun constructing a EGP 2.1 bn medium-density fiberboard (MDF) factory in Beni Suef, the company said in a statement to the EGX (pdf). The 30,000 sqm factory will be constructed over\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":633096,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/ekh-studies-investing-usd-110-mn-in-north-sinai-gas-fields-this-year\/","url_meta":{"origin":639027,"position":4},"title":"EKH studies investing USD 110 mn in North Sinai gas fields this year","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"INVESTMENT WATCH- Our friends at Egyptian Kuwait Holdings (EKH) could invest USD 110 mn this year in developing five natural gas wells in North Sinai, the company said in a bourse statement (pdf). Four of the wells the company is studying this year will be in the Camus gas field,\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":581812,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/26\/ekh-to-invest-usd-170-mn-in-egypt-this-year-reports-record-sales-in-2022\/","url_meta":{"origin":639027,"position":5},"title":"EKH to invest USD 170 mn in Egypt this year + reports record sales in 2022","author":"enterpriseam admin","date":"26 February 2023","format":false,"excerpt":"More than half of the amount will be allocated to capital expenditure","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/EKH-2.25.23-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639027","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=639027"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639027\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639016"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639027"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639027"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}