UK-based oil and gas exploration company, Genel Energy, has agreed with the Moroccan government over the nature, scope and timing of the activity at the Sidi Moussa offshore licensed acreage in Morocco. Under the terms of the agreement, Genel’s previous commitment to drill one well on the license has been replaced by an undertaking to […]
Leaders from West African bloc ECOWAS will meet on Thursday August 10 for an emergency Summit on the coup in Niger after the military intervention threat becomes weak and amid support from Russia for peaceful resolution of the crisis. Nigeria-led ECOWAS on July 30 gave August 6 deadline for the junta in Niger to restore […]
Egyptian stock markets began the week in a state of stagnation with almost no news to inspire the local market. However, one of the big icons of its market, Orascom Telecom Holdings was nearly taken out of the exchange list after almost 10% of its shareholders were bought out. The delisting of the telecommunication firm […]
