Friday 27 Dec

holding company

Honda and Nissan to merge in historic deal
2024/12/24

Honda and Nissan to merge in historic deal

Japanese automotive giants Honda and Nissan announced on Monday their intention to merge under a new holding company. The merger, which is subject to detailed...

Shell, BP to begin Egyptian gas field operations in 2026
2024/12/17

Shell, BP to begin Egyptian gas field operations in 2026

Egypt's Natural Gas Holding Company (EGAS), affiliated with the Egyptian Petroleum Ministry, has agreed with Shell and BP to commence production from the Harmattan gas...

Talaat Moustafa stock lifts Egyptian market higher on Monday
2024/12/16

Talaat Moustafa stock lifts Egyptian market higher on Monday

On Monday, shares of Talaat Moustafa Group Holding Company drove a 0.08% increase in Egypt's main stock market index. The company's stock also led the...

EGAS, New Fortress Energy sign agreement for FSRU lease
2024/12/08

EGAS, New Fortress Energy sign agreement for FSRU lease

The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with New Fortress Energy to lease a Floating Storage and Regasification Unit (FSRU). This...

Egypt explores airport management partnership with France
2024/12/01

Egypt explores airport management partnership with France

Prime Minister Dr. Moustafa Madbouly hold a meeting on Sunday, at the government headquarters in the New Administrative Capital to review a proposal submitted by...

Government offers 7-year installment plan for gas connections
2024/11/21

Government offers 7-year installment plan for gas connections

The Ministry of Petroleum and Mineral Resources has decided to reinstate the installment plan for the cost of connecting natural gas to homes, to be...

International companies bid for Egypt's Mediterranean oil
2024/11/04

International companies bid for Egypt's Mediterranean oil

The Egyptian Natural Gas Holding Company (EGAS) has decided to re-offer the development of the Satis field, located in the North Mediterranean Sea, to international...

Eni to expand Zohr field activities in early 2025
2024/10/26

Eni to expand Zohr field activities in early 2025

Francesco Gattei, the Chief Financial Officer of Eni, an Italian energy company, has announced that the company plans to undertake operations at the Zohr field...