Israel : Leviathan Suffers $6billon Investment Delay
The leviathan natural gas reservoir development project is being hit by several setbacks which could probably affect the beginning of gas supply from it expected […]
Egypt
Egypt forgoes Ethiopia’s dam, accepts diminished influential African role
Despite the ongoing differences between Egypt and Ethiopia over the construction of the Grand Renaissance Dam on the Blue Nile, a main tributary on the […]
Egypt rejects Turkey’s tyrant and unreliable comments
A diplomatic tussle is quickly unfolding between Ankara and Cairo after outspoken Turkish ¨Prime Minster Recep Tayyip Erdogan criticized the Egyptian government’s role in negotiating […]
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 […]
Egypt : Energy crisis worsens, Minister wants high value added deals
Egypt is going through its worst energy crisis and companies are forced to import natural gas and use the Liquefied Natural Gas to satisfy the […]
Algeria and Egypt to work on “shared vision”, Al-Sisi
Upon his arrival in Algeria, President Abdel Fattah Al-Sisi has been quoted by the state’s official media outlet that his visit to the brother country […]
Egypt’s Foreign Minister discusses Libya with US and Arab league
The Egyptian foreign minister Nabil Fahmy met with the United States Ambassador to Libya David Satterfield before having a head to head discussion with the […]
Egypt to raise $1 billion for Tourism, Minister Zaazou
The struggle to restore the past glory of Egypt’s tourism sector is still ongoing despite the multiple challenges. Authorities have decided to launch a campaign […]
Egypt : Investors feel secure under al-Sisi
Expectations that former Field Marshall al-Sisi will be wining the ongoing elections have resulted in positive signs for Egypt. Investors seem to be willing the […]
Egypt: Suez Canal to be transformed
Consultations are being done by the Suez Canal’s Authority Board with several local investment banks to transform the canal into a much more lucrative venture […]