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New oil + gas exploration bid round coming soon
New oil and gas exploration rights will be up for grabs in 1H2022. The government plans to launch a new…
Oil Ministry appoints new EGPC chairman
Oil Minister Tarek El Molla has appointed Alaa Al Batal as chairman of the Egyptian General Petroleum Corporation (EGPC), effective…
Gov’t targets USD 7 bn oil FDI in 2022-2023
The Oil Ministry wants to attract USD 7 bn of foreign direct investment (FDI) into the oil and gas sector…
We’re spending a whole lot more on wheat — and events in Ukraine could bump up spending even more
Spiraling wheat prices land us with an EGP 12 bn check: The rise in global wheat prices will cost us…
THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.
Good morning, wonderful people, and happy hump day. What are you doing this morning to stay warm? Most of us…
Evolve Investment to launch gold-backed investment fund
Evolve Investment Holding plans to launch a gold-backed investment fund that will invest in precious metals, CEO Sameh El Torgoman…
Hitachi to help connect Vestas’ 250 MW Suez Gulf wind farm to national grid
Hitachi Energy will provide the equipment to connect Vestas’ 250 MW wind farm in the Gulf of Suez to the…
THIS MORNING: It’s Day 2 of the Davos Agenda + Brent hits highest level since 2014
Good morning, friends, and welcome to an incredibly busy issue packed with news of SPACs, IPOs, new debut issuance and…
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