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Egypt Presidential Elections
...untry’s current financial turmoil that has seen it turn to the IMF, World Bank and its Gulf allies for financial assistance (MEES, 24 March). President Sisi was first elected in 2014 following the ouster of Muslim Brotherhood-backed President Mohammed Morsi, and was re-elected with 97% of the vote in 20...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023 -
Dana Gas Wins Iran Arbitration
...intly owned by Dana Gas and its largest shareholder Crescent Petroleum, for the supply of up to 600mn cfd from the shared Salman field beginning in 2005. Despite NIOC completing its section of the export pipeline, the agreement was effectively frozen after Iran demanded higher gas prices. In 2014...
Volume: 64Issue: 39Published at Fri, 01 Oct 2021 -
Libya Drilling: Schlumberger Boost
...eld, where Phase-2 output started up in July (MEES, 6 July). LIBYA: NUMBER OF ACTIVE ONSHORE RIGS HITS 7 IN AUGUST-HIGHEST SINCE 2014 SOURCE: BAKER HUGHES....
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
SEC Closes $2bn Sukuk
...nk. SEC chief executive Ziyad al-Shiha says the sukuk is “part of the company’s strategy to diversify its sources of funding and to attract investors from international markets.” It takes the amount SEC has raised to finance capital projects to $40.8bn, including a $13.3bn government ‘soft loan’ in 2014...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018