What are the biggest financial pressures faced by renewable energy companies in Egypt?
Egypt
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Articles & Analysis | Trade on: Stock market from The Report: Egypt 2018
OUTLINE: The Egyptian Exchange (EGX) is one of the oldest stock markets in the Middle East, dating back to 1883. It covers the main market, an over-the-counter market, and the Nile Stock Exchange (Nilex), a relatively new market board for small and medium-sized enterprises. As of January 31, 2018...
Articles & Analysis | Egypt's natural gas law supports energy development from The Report: Egypt 2018
The Natural Gas Regulatory Act, or Law No. 196 of 2017, which was approved by the House of Representatives in the summer of 2017, is the culmination of a long legislative effort by the government. The drafting of the law began shortly after the election of President Abdel Fattah El Sisi in 2014, and the completion of this process followed...
Interviews & Viewpoints | Hesham El Amroussy, Chairman and Managing Director, Lubricants Manager Africa and Middle East, ExxonMobil Egypt: Interview from The Report: Egypt 2018
What have been the effects of the fuel subsidy reforms on the energy sector, and has it impacted other areas of the economy?
Articles & Analysis | Egypt's capital markets become increasingly attractive for investors from The Report: Egypt 2018
Despite the economic challenges facing the country, 2017 has been positive for the Egyptian Exchange (EGX), with the main index expanding by approximately 17% over the course of the year. This growth came on the back of a strong 2016, in which the EGX was one of the best-performing markets in the world in local currency terms. After the years...
Articles & Analysis | Egyptian government seeks to increase tax revenue from The Report: Egypt 2018
Egypt’s attempts to boost its taxation revenue began to pay off in 2017. In the first quarter of FY 2017/18 total tax revenue expanded to LE88.6bn ($5.8bn), according to the Ministry of Finance (MoF), a significant advance on the LE57bn ($3.8bn) of the same period in the previous year and 1% more than the ministry’s target for income growth....