{"id":668761,"date":"2025-07-21T00:00:00","date_gmt":"2025-07-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/21\/gas-supplies-to-fertilizer-players-are-back-at-normal-levels\/"},"modified":"2025-07-21T00:00:00","modified_gmt":"2025-07-21T00:00:00","slug":"gas-supplies-to-fertilizer-players-are-back-at-normal-levels","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/21\/gas-supplies-to-fertilizer-players-are-back-at-normal-levels\/","title":{"rendered":"Gas supplies to fertilizer players are back at normal levels"},"content":{"rendered":"

ENERGY-<\/p>\n

The Madbou<\/strong>ly government has fully resumed gas supplies to fertilizer players as of <\/strong>yesterday<\/strong>, a government official told Asharq Business<\/a>. The move comes shortly after we boosted our regasification capacity with two new floating storage regasification units (FSRUs) beginning operations<\/a>. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

REMEMBER- <\/strong>Authorities earlier this summer temporarily reduced gas supplies<\/a> to several energy-intensive sectors \u2014 including iron, fertilizers, petrochemicals, and aluminum \u2014 to prioritize power generation, following the dip in Israeli natural gas imports.<\/p>\n

\n

EDUCATION-<\/p>\n

FAB\u2019s <\/strong>Lime laun<\/strong>ches in Egypt: <\/strong>First Abu Dhabi Bank (FAB) launched its education-focused fintech Lime in the local market with an initial investment of USD 9.4 mn, the lender announced in a press release<\/a>(pdf)<\/a>. The FRA-licensed platform offers 6-12-month installment plans for amounts of up to EGP 1 mn, with digital onboarding and approvals provided within minutes. At the moment, Lime is all about the education sector \u2014 partnering with nurseries, schools, and universities \u2014 but plans to expand into other essential sectors.<\/p>\n

\n

DIPLOMACY- <\/p>\n

Military talks with the US: <\/strong>President Abdel Fattah El Sisi yesterday met with US Centcom Chief Michael Kurilla and discussed ways to develop Egyptian-US cooperation across fields \u2014 namely military and security, according to an Ittihadiya statement<\/a>. Talks also touched on Gaza, Syria, Libya, Sudan and the Horn of Africa, as well as concerns over Nile water security.<\/p>\n

\n

REGULATION-<\/p>\n

The Financial Regulatory Authority (FRA) has approved five companies\u2019 requests<\/strong> across various fintech and outsourcing-related activities in the NBFS sector, it said in a statement<\/a> yesterday. The approvals cover license renewals, fintech expansions, and new company formations.<\/p>\n

Who got the nod?<\/strong> Fintech startup Digified<\/a> was cleared to expand its scope to include e-contracting for non-banking financial products and digital record-keeping, allowing it to operate across all fintech domains. Insurtech startup Nice Deer<\/a>, microfinance startup Dayrah<\/a>, and pharma distribution startup iSupply<\/a> were granted approval to launch as fintech-enabled startups. Meanwhile, outsourcing services firm VLens<\/a> had its registration renewed in the FRA\u2019s outsourcing providers registry.<\/p>\n

\n

TRANSPORT-<\/p>\n

Cool comfort coming to high-speed rail: <\/strong>Johnson Controls-Hitachi Air Conditioning and Elsewedy Machinery will supply over 3k cooling units for our 660 km high-speed rail project, according to a pr<\/a>ess re<\/a>lease<\/a>. The consortium secured the heating, ventilation, and air conditioning contract for the project. <\/p>\n

\n

DEBT-<\/p>\n

Canal Sugar<\/a><\/strong> is lookin<\/strong>g to secure a USD 150 mn loan from a National Bank <\/strong>of Egypt-led consortium<\/strong>, unnamed sources told Asharq<\/a>Business<\/a>. The loan would support plans to triple daily beet production at the company\u2019s Minya facility to 36k tons by 2026. The loan, set to be signed this month, would help fund equipment purchases needed to reach that target. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- FAB\u2019s Lime launches in Egypt<\/p>\n","protected":false},"author":1,"featured_media":668762,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[111,7106,93,72,91,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-668761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-debt","tag-energy","tag-enterpriseam","tag-oil-and-gas","tag-transport","wpautop","entry"],"acf":{"mongo_id":"bf5c9c77-f94c-459e-b1c2-cf07d10e294c","order":"9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/876.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gas supplies to fertilizer players are back at normal levels","related_issue":[668746],"teaser":"PLUS- FAB\u2019s Lime launches in Egypt","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.e151da6e-59b2-4aab-9e26-0745bcfe57c1.mp3"},"yoast_head":"\nGas supplies to fertilizer players are back at normal levels - 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