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09 Jul 2016

Egypt Joins Critics of Israel Decision to Build New Settler Units

Egypt, one of the two Arab countries that have public diplomatic relations with Israel, has censured Tel Aviv’s recent decision to construct several hundred new illegal settler units in the occupied Palestinian lands.

In a statement on Thursday, the Egyptian Foreign Ministry"...

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09 Jul 2016

Philip Morris International Comments on Tribunal’s Decision in Arbitration Between PMI and Uruguay

Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today comments on the decision of an ICSID tribunal in the arbitration between PMI and Uruguay regarding two regulations that Uruguay implemented in 2009. PMI brought the case under Uruguay’s 1988 investment protection"...

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09 Jul 2016

Can Islamic finance help close Egypt’s budget shortfall?

Some members of the Egyptian parliament want to cut the general budget deficit by using Islamic finance innovatively to raise funds.


Ahmed"......

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09 Jul 2016

Dentist breaks ground for Egyptian women as pundit

Manar Sarhan disinfects her hands after filling a patient's tooth, readying to catch the Euro 2016 match and analyse it for a newspaper as Egypt's first woman in mainstream football punditry.


Sarhan,"...

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09 Jul 2016

Egypt’s rap sheet of rights abuses gets longer

Many Egyptians live in fear because of the repressive practices of Egyptian security forces. Still, in June, Egyptian diplomat Ahmed Fathallah was granted a seat on the ......

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09 Jul 2016

Net foreign direct investment reaches $5.8 bln in first nine months of 2015-2016

Egypt's net foreign direct investment (FDI) soared during the first nine months of the year 2015-2016 by 13.7 per cent, reaching $5.8 billion compared to $5.1 billion recorded during the same period in the fiscal year 2014-2015.


"...

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09 Jul 2016

Saipem awarded over €1.5bn for EPCI

ITALIAN oil and gas contractor Saipem has been awarded the rights to the engineering, procurement, construction and installation (EPCI) work to develop the Zohr gas field off the Egyptian coast in the Mediterranean Sea.


"...

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09 Jul 2016

Eni's investment in Zohr gas project transcends political controversies: official

Egypt's ongoing cooperation with Italian oil company Eni in developing the "supergiant" Zohr gas field is so important that it transcends political differences and tensions between nations, according to a senior Egyptian oil official.


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09 Jul 2016

National Anti-Coup Coalition Calls 'Never Let Egypt Down' Protest Week

Foreign reserves are falling fast. The economy is collapsing. Egypt, with its great riches and resources, is facing many crushing internal crises, and is waiting yet again for new Gulf handouts to slow the decline.

"...

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09 Jul 2016

ICANN thrown into confusion by cancelation of Daylight Saving Time

The Egyptian government's decision to abolish Daylight Saving Time (DST) at short notice has caused confusion for the Internet Corporation for Assigned Names and Numbers (ICANN), responsible for website domains and international timings. Egypt was supposed to apply DST starting on Friday, but the Cabinet announced recently that the switch was canceled following...

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