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02 Aug 2016

Egypt Fumes Over Hamas’ Increasing Cooperation With Islamic State

Increased cooperation between the Palestinian terrorist group Hamas and Islamic State forces in the Sinai Peninsula have drawn Egyptian ire, The Times of Israel reported on Monday.

The close links forged by the two terrorist organizations — which the Israeli military has"......

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02 Aug 2016

China plans $1 bln phosphate project in Egypt

A delegation of major Chinese mining firms visited Sunday Egypt’s Abu-Tartour phosphate plateau amidst plans to start a significant mining project in the country.

The Chinese delegation seeks to start key steps"...

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02 Aug 2016

Condor turns 60; growth in Spain, US and Canada offset by downturn in Egypt and Turkey; New Orleans and San Diego new for S17

Condor Flugdienst celebrated its 60th anniversary earlier this year. The German leisure airline, which is now part of the Thomas Cook Group, operates a fleet of over 40 aircraft. These are a mix of narrow-body A320-series and 757s, plus some wide-body 767s. Last year the airline carried around"...

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02 Aug 2016

Egypt plans $7B power plant projects

Egypt’s Ministry of Electricity has finalized negotiations for three projects costing $7B USD, a report said.

The projects include Dairut’s 2,250 MW capacity combined-cycle power plant to be carried out by Acwa Power, Al-Nowais’s 2,640 MW capacity coal power"...

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02 Aug 2016

Egypt rankled by Hamas’s burgeoning ties to Islamic State

Cairo is fuming over increasing cooperation between the Palestinian terror group Hamas, which rules the Gaza Strip, and Islamic State-affiliated forces in the neighboring Sinai Peninsula, The Times of Israel has learned, despite attempts in recent months to alleviate the tension between Egypt"...

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02 Aug 2016

Japan JICA launches Developing Statistical Quality project for Egypt's CAPMAS

Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) launched Monday joint Project for Developing Statistical Quality System with Japan International Cooperation Agency (JICA) for the coming three years.

The"...

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02 Aug 2016

Egypt's Fast food chain Cook Door to open 75 branches in Saudi Arabia

Egyptian fast food chain Cook Door is set to establish around 75 new branches in the Saudi Capital Riyadh within the coming five years.

International Company for Food Industries - ICFI ,owner of Cook Door brand, signed"...

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02 Aug 2016

UPDATE 3-Egypt's Sisi warns tough measures to fix economy are looming

CAIRO Aug 1 (Reuters) - President Abdel Fattah al-Sisi warned Egyptians on Monday that tough measures would be needed to turn the country's ailing economy around, as the government negotiates a $12 billion loan programme with"...

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02 Aug 2016

Egypt to Take New Look If Ergot Fungus Poses Risk to Wheat Crop

Egypt, the world’s largest wheat importer, will take another look at the risks of the ergot fungus, less than a month after the government said it would accept it in purchases of grain from overseas.

The Agriculture Ministry formed a committee to assess if the fungus in imported wheat poses a threat to the local crop, Minister Essam Fayed said...

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02 Aug 2016

Raw materials' quality for social housing units isn't a must: Official

After borrowing money, receiving loans, and the burden of almost daily visits to banks in order to conclude the procedures for receiving social housing units from the Mortgage Finance Fund (MFF) and the city council for 6th of October City, the"...

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