Egypt | Egypt Oil & Gas - Part 352
Egypt-Saudi Power Linkage Expected Late 2018
Egypt is expected to complete a project aimed at linking its power grids with Saudi Arabia at the end of December 2018.
NI Capital to Announce Winner of Enppi’s IPO
NI Capital will announce the banking winner for Enppi’s IPO early June.
Cabinet Approves Six Agreements between EGPC and IOCs
The Egyptian cabinet met on the 25th of May and approved six agreements between the Egyptian General Petroleum Company (EGPC) and a number of unnamed IOCs for oil exploration in the Western Desert.
GIG Wins Petrojet’s Insurance Policy Tender
The Petroleum Projects and Technical Consultations (Petrojet) awarded an insurance tender to Arab Misr Insurance Group (GIG) to provide property insurance for the oil and gas services provider.
AFC to grow in Suez Canal
Abu Qir Fertilizers and Chemicals Company (AFC) will expand its business in the Suez Canal Area.
Sinopec Refutes Risks of Investing in Egypt
Sinopec replied to rumored concerns that the company has bought a 33% stake in Apache’s assets in Egypt for $3.1b in 2013.
Finance Minister to Meet AIIB Delegation
Egyptian Minister of Finance, Amr El Jarhi, will meet the Asian Infrastructure Investment Bank (AIIB)'s Chairman for Policies and Strategies, Uh Akim von Amsberg, and his accompanying delegation.
IMF Supports Egypt’s Fuel Subsidies Removal
International Monetary Fund (IMF) backs Egypt's plans to remove fuel subsidies within three years and push inflation down to single digits. 
