Egypt ventures into Iraq for oil
Egypt has acquired 10% of the concession of Kuwait Energy, a private firm, on an oilfield in Basra, southern Iraq. Egyptian Petroleum minister Tarek El-Molla […]
Cairo
Palestine: World Bank warns of fragile situation
An economic report released by the World Bank on Tuesday and is to be presented this week in New York has highlighted that Palestine is […]
Egypt: parliamentary polls to start from Oct. 18
The head of Egypt’s High Elections Committee, Ayman Abbas, has announced on Sunday that the first round of the parliamentary election will begin on October […]
Egypt to sign Cooperation Strategy Deal with AfDB
Egypt is to sign this month the country strategy agreement with the African Development Bank (AfDB), official source said on Saturday. The minister of International […]
Egypt: Palm Hills Raises $ 213 Mln in share issue
Palm Hills, Egypt’s second largest listed property developer announced on May 25th that it has raised 1.62 billion Egyptian pounds ($ 213 million) through a […]
Cairo Strikes Back Isis for Killing Egyptian Christians
Egyptian President Abdel Fattah al-Sisi has launched air strikes against sites of Islamic State (Isis) in Libya after the beheading of 21 Egyptian Coptic Christians. […]
Egypt : International oil companies welcome subsidy cuts
The Egyptian population seems to be entangled in a conflict of interest with international oil companies dealing with the government. The decision to slash its […]
Egyptian Court Gives Death Penalty to Over 500 Brothers Supporters
An Egyptian court has sentenced 529 supporters of former Islamist President Mohamed Morsi to death for their alleged involvement in the violent events that rocked […]
Palestine : Arab League Slams ‘Jewish State’
Foreign Ministers of member states of the Arab League met in Cairo to support President Mahmoud Abbas of Palestine on his stance against the recognition […]
Egypt’s Central Bank Slowly Running out of Cash
After Egypt’s foreign currency reserves had fallen to 17 billion USD in December last year compared to 17.8 billion USD a month earlier, Cairo had […]