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Tag Archives: Egypt

Egypt, Jordan sign gas supply deals

AMMAN: Egypt’s Minister of Petroleum Tarek El-Molla has signed four gas deals with Jordanian officials on the sidelines of the third Jordan International Energy Summit held on Monday in Amman. The deals included a memo to import and export natural and liquefied gas, in addition to other deals brokered by the Jordanian-Egyptian Fajr Company for Natural Gas Transmission and Supply. ... Read More »

Egypt, Turkey strengthen bilateral relations

ANKARA: Egyptian and Turkish business forum has called on the two countries to boost economic. The relationship have been strained since a 2013 coup that unseated Egypt’s first freely elected president. President of the Union of Chambers and Commodity Exchanges of Turkey, Rifat Hisarciklioglu says there are committed to increasing Turkish investment and exports to Egypt. According to Hisarciklioglu, the ... Read More »

Egypt, Iraq discuss joint cooperation in oil sector

BAKU: Minister of Petroleum and Mineral Resources Tarek el-Molla discussed, during an Iraq visit, with Iraqi Prime Minister Haider al-Abadi means of boosting joint cooperation in the fields of oil and natural gas and establishing an Egyptian-Iraqi partnership, according to Arabfinance. Egypt’s Ambassador to Iraq Ahmed Darwish and the delegation accompanying Molla attended the meeting that was held in Baghdad ... Read More »

Egypt, Iraq sign $216 m worth framework agreement

BAGHDAD: Egypt’s Minister of Trade and Industry Tareq Qabil and his Iraqi counterpart Mohammed Shia’ Al-Sudani signed an urgent framework agreement Thursday to meet the Iraqi needs from food products. The $216 million deal reflects Egypt’s keenness on supporting Iraq and boosting friendship linking the two Arab countries, Qabil said in a statement. Under the deal, purchase agreements would be ... Read More »

Egypt, Singapore sign deal to develop maritime ports

CAIRO: The Maritime Sector of the Egyptian Ministry of Transportation signed a Memorandum of Understanding (MoU) with the Port of Singapore Authority (PSA) as Singapore will operate and develop the Egyptian maritime ports. President Abdel Fatah al-Sisi met Tuesday the PSA CEO Tan Chong Meng to discuss the outcomes of Sisi’s visit to Singapore on Aug. 30 when both sides ... Read More »

Black Ops 3 peak of classic Call of Duty formula to launch in Switzerland, Egypt

LONDON: The original Black Ops was the peak of the classic Call of Duty formula, single and multiplayer, and Black Ops II was the most progressive game in the franchise. In their excitement, players and fans have started to dissect the brief teaser trailer that we got a few days ago, looking for clues. And they seem to have found ... Read More »

Black Ops 3 peak of classic Call of Duty formula to launch in Switzerland, Egypt

LONDON: The original Black Ops was the peak of the classic Call of Duty formula, single and multiplayer, and Black Ops II was the most progressive game in the franchise. In their excitement, players and fans have started to dissect the brief teaser trailer that we got a few days ago, looking for clues. And they seem to have found ... Read More »

ICE crackdown nets 200 alien from Mexico, Egypt, Armenia

LOS ANGELES: A nationwide crackdown on at-large criminal aliens and other “public safety threats” resulted in over 200 arrests in the Los Angeles area, federal investigators said. U.S. Immigration and Customs Enforcement agents took part last week in Operation Cross Check, which targeted criminals in six Southern California counties, inluding Los Angeles, Orange, San Bernardino and Riverside, according to an ... Read More »

Brazil levies anti-dumping against China, Mexico, Saudi Arabia, Egypt, UAE, US

BRASILIA:  An economic downturn has the Brazilian government turning to anti-dumping measures against China and other countries, according to analysts. A month ago the Brazilian Foreign Trade Chamber made antidumping charges levied on float glass imports from China and five other countries permanent. The duties were also placed on imports from the, Saudi Arabia, Egypt, the United Arab Emirates and ... Read More »

France returns 250 customs seized ancient 2000 BC artifacts to Egypt

PARIS: The foreign ministry of France said Paris has returned 250 ancient 2000 BC  artifacts to Egypt that were illegally imported into the country and seized by French customs officials. Amulets, rings, funerary statues and pitchers, dating from 2000 BC to the Roman, Byzantine and Medieval eras were returned to the Egyptian embassy. Foreign ministry spokesman Romain Nadal said the ... Read More »

Saudi Arabia, Egypt stock markets plunge

DUBAI: Saudi Arabia and Egypt stock markets rimed down in early deal and bourses in the United Arab Emirates and Qatar also gave up gains as the meeting in global equities emerges to collapse. By blue chips Saudi Arabia’s main index cut down 0.3 percent among a varied performance. Petrochemicals giant Saudi Basic Industries gained 0.6 percent, the kingdom’s biggest ... Read More »

Egypt hires German firm to transport tunnels for $8 billion project under Suiz

CAIRO:  Egypt will use machines made by a German firm to bore at least four tunnels under the Suez Canal, part of an $8 billion project to expand the waterway that the government hopes will raise revenues and foreign currency reserves. Unlisted Herrenknecht AG was discussing contract details, a spokesman for the company said, giving no details. Kamal al-Waziri, chief ... Read More »

In the hope of future

The foreign missions situated in the Red Zone have been closed down for five days owing to volatile situation in the area while no party seems to be in a mood to accommodate the other in the current political spectrum. In this scenario one wonders where Pakistan will stand in 2050 predicted by Jim O’Neill, a British economist, that the ... Read More »