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Holding Company
egas.com.eg

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Investments

1

Partners & Customers

3

About East Gas

East Gas is an Egyptian gas transportation company.

East Gas Headquarter Location

85 Nasr Road, 1st District Nasr City

Cairo,

Egypt

(202) 24055845 6/7/8

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Latest East Gas News

Amiantit says East Gas began Nomu listing measures

Nov 18, 2021

and now with the details Jeddah - Yasmine El Tohamy - Initial jobless claims in the United States fell to 268,000 for the week ending on 13 November, a slight decline of 1,000 claims compared to the previous week, the US Department of Labor said. The Department added that this is the lowest level since 14 March. Moreover, the four-week moving average decreased by 5,750 to reach 272,750. Interest rates on hold in Indonesia and the Philippines The central bank of Indonesia decided to maintain its interest rate at a record low of 3.5 percent to stimulate the economy as it rebounds from the adverse effects of the pandemic. In an almost identical situation, the Philippines central bank kept its interest rate at 2 percent, which was also the country’s record low. This is to support the economic recovery of the south Asian country. However, the bank still acknowledged that there are some inflationary risks next year. Mexico’s growth Mexico's economy grew by 1.9 percent in October on an annual basis, according to a preliminary estimate by the country’s official statistics agency, INEGI. This is lower than September’s growth rate, which stood at 5 percent, a preliminary estimate said. Output of secondary activities, which include manufacturing, rose by 1.3 percent. In addition, tertiary activities, which include the services sector, went up by 2 percent. Sweden’s unemployment Sweden's unemployment rate fell to 7.6 percent in October down from 8.2 percent in the previous month, data from Statistics Sweden showed. However, the drop was smaller for the seasonally adjusted unemployment rate as it fell from 8.8 percent to 8.7 percent. The jobless rate for men was 7 percent while for women it was 8.3 percent, official data showed. Swiss industrial production and trade surplus Switzerland's trade surplus reached 4.4 billion Swiss francs ($4.7 billion) in October, little unchanged from the previous month. Exports fell by 1.4 percent on a monthly basis while imports went down by 2.3 percent. Turkey’s lira crumbles The Turkish lira fell to an all-time low near 11 lira per dollar. The currency has suffered a decline of more than 10 percent since the beginning of November, making it the worst month for the currency since the lira crisis in August 2018. These were the details of the news Amiantit says East Gas began Nomu listing measures for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new. It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

East Gas Investments

1 Investments

East Gas has made 1 investments. Their latest investment was in Eastern Mediterranean Gas as part of their Corporate Minority on September 9, 2018.

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East Gas Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/27/2018

Corporate Minority

Eastern Mediterranean Gas

Yes

1

Date

9/27/2018

Round

Corporate Minority

Company

Eastern Mediterranean Gas

Amount

New?

Yes

Co-Investors

Sources

1

East Gas Partners & Customers

3 Partners and customers

East Gas has 3 strategic partners and customers. East Gas recently partnered with BP on June 6, 2016.

Date

Type

Business Partner

Country

News Snippet

Sources

6/20/2016

Partner

United Kingdom

BP sanctions “fast-track” development of Atoll discovery in Egypt

BP is a 33 per cent shareholder of a natural gas liquids plant extracting LPG and propane , United Gas Derivatives Company in partnership with IEOC/IEOC and GASCO .

1

5/6/2016

Vendor

Russian Federation

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10

6/24/2015

Vendor

United States

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10

Date

6/20/2016

5/6/2016

6/24/2015

Type

Partner

Vendor

Vendor

Business Partner

Country

United Kingdom

Russian Federation

United States

News Snippet

BP sanctions “fast-track” development of Atoll discovery in Egypt

BP is a 33 per cent shareholder of a natural gas liquids plant extracting LPG and propane , United Gas Derivatives Company in partnership with IEOC/IEOC and GASCO .

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Sources

1

10

10

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