Egypt
Egypt reverts to oil as gas woes deepen
Facing dwindling gas production and mounting energy demand, Egypt is turning to fuel oil to keep the lights on, OilPrice.
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In the first deal of its kind, a cross-border acquisition financing package, the The European Bank for Reconstruction and Development (EBRD) is supporting Morocco’s hygiene products sector with a $49 million loan to Eczacıbaşı Consumer Products Maroc SARL AU (ECP Maroc). ECP Maroc is a wholly owned subsidiary of Eczacıbaşı Consumer Products (ECP), the consumer products arm of Eczacıbaşı Holding Group, which specializes in tissue paper products. ECP Maroc will use the financing to acquire Jeesr, Morocco’s leading integrated producer of tissue paper products.
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Morocco’s DGSN marks 69th anniversary, highlights modernization efforts
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