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13 Aug 2016

Eni Discusses Stake Sale In Giant Egypt Gas Field, Sources Say

Eni is talking to oil companies including Lukoil, ExxonMobil, Total and BP about selling at least a 20% stake in its giant gas field in Egypt, industry sources said.

Eni owns the whole of Zohr and has said it is interested"...

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13 Aug 2016

How do Egypt's official religious authorities view Shiites?

The Egyptian Initiative for Personal Rights issued a report July 21 showing that there were 70 incidents of assault against Egyptian Shiites during the period from January 2011 to"...

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13 Aug 2016

Egypt official boycotts selection process of LGBT expert in UNHRC

Egyptian delegate at the United Nations, Amr Ramadan, boycotted the selection of an expert on lesbian, gay, bisexual, and transgender (LGBT) discrimination at the United Nations Human Rights Council (UNHRC).

The selection"...

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13 Aug 2016

Modules for first HRSG are on the way to Egypt

The modules for the first heat recovery steam generator destined for installation, on its arrival in September, at the Siemens Mega project in Egypt have begun their journey from South Korea to the Beni Suef power plant.
Siemens company NEM is delivering a total of 24 HRSGs for this Mega project, which includes three 4.8 GW turnkey gas fired combined cycle...

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13 Aug 2016

Siemens HRSG modules for the Megaproject Beni Suef to arrive in Egypt mid-September

Siemens reported on August 11, 2016, that the company´s modules for the first heat recovery steam generator (HRSG) began their journey from South Korea to the egyptian Beni Suef power plant.

Siemens´s"...

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13 Aug 2016

University troupes make a mark at Egypt's National Theatre Festival

This year, Egypt’s National Theatre Festival spanned over three weeks and over 40 plays, 36 of which participated in the official competition.

The dynamic versatility and free entry contributed to theatre halls filled with a large audience throughout the festival.

Not only"...

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13 Aug 2016

Telecom Egypt reports strong second quarter as net profit surges 175%

Publishing its financial results for the three months ended 30 June 2016, Telecom Egypt (TE) said it had continued to ‘show excellent progress against [its] strategic plan’, with revenue, EBITDA and net profit all rising on an annualised basis.

...

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13 Aug 2016

News Analysis: Egypt toughens grip on currency to revive ailing economy

CAIRO, Aug. 12 (Xinhua) -- A recent call by Egypt's parliament speaker for drafting a law to permanently close money exchange bureaus to resolve distortions in the exchange rate system might be harmful to the already staggering economy, experts said.

Observers"......

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13 Aug 2016

Cherkizovo starts meat exports to Egypt

Cherkizovo, the Russia-based meat processor, has started exports to Egypt, a move dubbed "a major milestone" by CEO Sergey Mikhailov.

The company, listed in London and Moscow, announced today (12 August) it had dispatched its first shipment of poultry meat to the African country. Cherkizovo expects to have exported"......

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13 Aug 2016

Ancient Egypt and Han civilizations collide at Nanjing exhibit

The grand exhibition "Pharaohs and Kings: Treasures of Ancient Egypt and China's Han Dynasty" was unveiled to the public on Wednesday, which presents the different features of ancient Egypt civilization and Han Dynasty (202 BC-AD 220) civilization through a comparison of the two ancient cultures.

"...

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