• Monday, 26 April 2021

    What the markets are doing on 26 April 2021

    Higher crude prices won't give Big Oil its swagger back: Although the recent recovery of Brent crude prices is helping the world’s top oil and gas producers compensate for their 2020 losses, Big Oil is unlikely to reap benefits. After...
  • Monday, 12 April 2021

    What the markets are doing on 12 April 2021

    The median income of a CEO in the US kept climbing last year — and is on track to hit record highs, rising to USD 13.7 mn in 2020 from USD 12.8 mn in 2019, the Wall Street Journal reports,...
  • Thursday, 11 March 2021

    You can’t just say nice green things and call yourself an ESG investor

    New European Union (EU) rules to regulate ESG investment products and prevent greenwashing went into effect yesterday. The EU’s new rules are part of a wider series of green finance regulations that will see investment products categorised as sustainable or...
  • Tuesday, 6 October 2020

    What we’re tracking on 6 October 2020

    Good morning, wonderful people, and welcome to the next-to-last business day of the week as banks and the EGX prepare to join the rest of the business community in taking Thursday off in observance of Armed Forces Day. The central...
  • Thursday, 2 April 2020

    Tharwa to drill 7 new wells in 2020

    The Tharwa Petroleum Company will drill seven new exploration wells in 2020, the Oil Ministry said in a statement. Tharwa president Amr El Leithi said that the company will also secure six new concessions and enter into joint ventures with...
  • Tuesday, 31 December 2019

    Exxon Mobil Corporation acquires more than 1.7 mn acres for exploration offshore Egypt

    US oil giant ExxonMobil has acquired more than 1.7 mn acres for offshore exploration in Egypt, the company said yesterday. The awards include the 1.2 mn North Marakia Offshore block near the north coast, and 543k acres in the North...
  • Sunday, 3 March 2019

    What we’re tracking on 3 March 2019

    It is shaping up to be a busy few days here at home and in the region as we grapple with the fact that we are already on the third month of 2019. Among the highlights we’re keeping an eye...

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