Egypt tenders 128-km transmission line to plug in El Dabaa

Egypt launched an international tender for a 128 km, 500kV transmission line to connect the El Dabaa Nuclear Power Plant to the national grid Arabic press

REFRESHER- back in 2015 summer of 2022

LNG buying may stretch into 4Q

The Madbouly gov ernment is mulling importing 30 additional LNG cargoes for delivery in 4Q 2026 at an estimated cost of USD 1.6-1.8 bn Al Arabiya

IN CONTEXT- reported in April added six more June cargoes securing

Waking up the Golden Triangle

A contract to develop a 6 mn sqm industrial zone in Safaga is expected to be signed within two months Arabic press

IN CONTEXT- downstream chemicals hub industrial and logistics zone

The logistics leg: earlier this week

Beltone’s big asset push

Beltone Holding’s subsidiary Beltone Asset Management wants to grow its funds to around EGP 60 bn by year-end Arabic press

REMEMBER- told us hitting EGP 411 bn

ADCB joins the funds foray

Abu Dhabi Commercial Bank Egypt (ADCB Egypt) tapped our friends at EFG Hermes to launch its first mutual fund in the local market statement (pdf)

Why it matters: EGP 411 bn in net asset value five mutual funds