Egypt

Egypt’s annual headline inflation slowed to 13.1% in July from 14.4% in June, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) on August 10th.

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to a group of international companies, with expected investments totaling approximately $245 million, as per a statement.

Egypt's annual headline inflation recorded 16.5% in May, versus 13.5% in April, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) on June 4th.

The Egyptian Cabinet has approved petroleum commitment agreements for five projects, signed between the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international companies, as per a statement.