MRMIA, Genesis Mining Egypt Sign Phosphate Project MoU

MRMIA, Genesis Mining Egypt Sign Phosphate Project MoU

The Mineral Resources & Mining Industries Authority (MRMIA) and Genesis Mining Egypt signed an MoU to develop a $930 million integrated phosphate mining and industrial project in Egypt’s New Valley Governorate. MRMIA C...

Oman Maxes Out LNG Exports During Hormuz Crisis

Oman has been profiting from its location outside the Strait of Hormuz, which was effectively shut down after the Middle East conflict ignited in late February. The sultanate is set for windfall oil revenues on the back ...

Acwa To Develop $700mn Mauritania Power Project

Saudi Arabia’s Acwa has finalized an agreement to develop Mauritania’s first large-scale gas-fired independent power producer (IPP) project, with a total investment value of approximately $700mn. On 1 July, Acwa anno...