FINANCE & ECONOMY

20 Sep 2014

Egypt awards oil and gas exploration blocks

Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm, the petroleum ministry said.

The agreements cover seven exploration areas. Germany’s RWE won two exploration blocks in the Gulf of Suez, while Tunisia’s HBSI, Canada’s TransGlobe and Italy’s Edison secured five...

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20 Sep 2014

Top Egypt activist demands lifting of protest law

A leading activist of Egypt's 2011 revolution, Alaa Abdel Fattah, demanded on Wednesday the scrapping of a disputed protest law that the authorities imposed last year to crush opposition rallies.


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20 Sep 2014

Egyptian art sheds light on changing ecosystem

Depictions of animals in ancient Egyptian artefacts have helped scientists assemble a detailed record of the large mammals that lived in the Nile Valley over the past 6,000 years. A new analysis of this record shows that species extinctions, probably caused by a drying climate and growing"...

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20 Sep 2014

Egypt: Sisi - Egypt's Security, Stability Entail Maintaining Strong, Modern Armed Forces

Supreme Commander of the Armed Forces President Abdel Fattah El-Sisi asserted that Egypt's security and stability entail keeping the Armed Forces strong and modern and capable of carrying out air, sea, and land missions to protect the Egyptian and Arab national security.


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20 Sep 2014

Egypt: Trade Minister - Egypt, Belarus to Form Committee to Study Joint Investment of Tractors

Minister of Industry, Trade Small and Medium-sized Enterprises Munir Fakhri Abdel-Nour announced that a joint Egyptian-Belarusian committee has been formed to conduct economic studies on chances of establishing joint investments on manufacturing agricultural tractors.


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20 Sep 2014

Egypt: Gafi Chief Stresses Government's Keenness On Resuming Developmental Plans

Chairman of the Egyptian General Authority For Investment and Free Zones (GAFI) Hassan Fahmi underlined the government's keenness on resuming its developmental plans in light of the vision aiming at upgrading the Egyptian economy.


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20 Sep 2014

Egypt Eyes Increased Economic Cooperation With Belarus

Minister of Industry, Trade Small and Medium-sized Enterprises Munir Fakhri Abdel-Nour co-chaired with Belarusian Minister of Trade Valentin Chekanov a second round of talks of a joint trade committee.


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20 Sep 2014

Egypt's New Internet Surveillance System Remains Shrouded in Mystery

In June, a leaked document revealed that the Egyptian government was looking for a sophisticated new tool to monitor its citizens social media and Internet activities.


Three months"......

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20 Sep 2014

Egypt invites Turkish FM to Gaza conference in Cairo

Egypt has invited Turkey to a donors’ conference for the reconstruction of the Gaza Strip, after months of strained relations between the two countries.

The meeting, initiated by Egypt and Norway, will be at the level of foreign ministers; an invitation to the conference was recently extended by the Egyptian Embassy in Ankara"...

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20 Sep 2014

Total power outage hits Egypt's Hurghada

Egypt's popular Red Sea tourist destination suffers a major power cut.

A major power outage hit all of Hurghada city, one of Egypt's top tourist destinations, on Friday two weeks after the country had witnessed a nationwide power"...

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