Financial Times Eni receives ‘informal' interest for stake in Egypt gasfield Eni, the Italian energy company, has received several expressions of interest in buying a stake in Zohr, the large gasfield it discovered off the coast of Egypt last year, and is on track to complete a deal in 2017, says Claudio Descalzi, its chief executive. Such a rapid disposal of a chunk of Zohr would provide a boost to Eni, by reassuring investors that it can meet its planned target for €7bn in asset disposals by 2019, and by removing some of its exposure to a project that is very promising but also carries geopolitical risk. Washington Post Egypt moves towards real estate transparency JLL's ninth Global Real Estate Transparency Index (GRETI) revealed that Egypt has moved up in the rankings to join the semi-transparent category for the first time in the JLL and LaSalle Investment Management's 2016 GRETI. The index revealed that Egypt now ranks 65th, pushing it up to fourth place in the semi-transparent group. Large emerging markets dominate the semi-transparent group, including the BRIC countries Brazil, Russia, India, and China and all four of the fast-growing MIST economies Mexico, Indonesia, South Korea, and Turkey.
