Carbon Holdings Appoints Hala El-Mohandes Deputy CEO
The company announced that El-Mohandes joined them from the Export-Import Bank of the United States to work on securing appropriate, sustainable streams of funds for the company.
News / Egypt
Tharwa Petroleum Production to Reach 7,250 b/d in 2019
Tharwa Petroleum Company plans to produce 7,250 b/d in 2019 by drilling six exploratory wells and five development wells.
30% of Benban Plants Construction Complete
Companies working in Benban solar park completed 30% of the solar power plants' construction at the end of February 2019.
Egypt Issues 18 Licenses for Gas Distribution
The Gas Regulatory Authority issued two licenses to EGAS to ship and distribute natural gas, and three licenses to GASCO to supply, deliver, and distribute natural gas.
DMWA Resources Backs-off Acquiring Lagia Oil in Egypt
The African-focused resources and trading company decided to seek acquiring other marginal oil and gas field across the continent.
Ennpi, Petrojet Sign Training Protocols with AASTMT
Enppi signed a cooperation protocol with AASTMT for training, scientific research, higher education and consultancy.
Electricity Production Increases by 1.4% YOY in November 2018
Egyptian electricity production increased by 1.4% YOY in November 2018, recording 14.5 MWh compared to 14.3 MWh generated in November 2017.
Enppi’s IPO to Take Effect before June
ENPPI's IPO on EGX is expected to take place before the end of the first half of the year.
Monday Minutes: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
EBRD Launches Women in Green Energy Conference in Egypt
EBRD announced the event, which comes in cooperation with GCF, to boost gender equality in the Egyptian renewable energy sector.
