Tag: Egypt

• Thursday, September 16th 2021 - 09:13 UTC

  Paraguayan Government seeks to deepen Mercosur trade agreement with Egypt

  

  Paraguay's Finance Ministry sought to deepen the Free Trade Agreement (FTA) between Mercosur and Egypt Wednesday when the II Meeting of the accord's Joint Committee convened.

• Monday, July 5th 2021 - 07:09 UTC

  Suez Canal blockage: Egypt and Japanese company reach a deal to release vessel

  

  Egyptian authorities and Japan's Shoei Kisen Kaisha finally reached an agreement on compensations for Suez canal lost revenues and the cost of salvaging a huge vessel that blocked the crucial waterway linking Asia with Europe.

• Saturday, April 3rd 2021 - 08:40 UTC

  Suez Canal Authority will seek over US$ 1bn in compensation for Ever Given crisis

  

  Egypt's Suez Canal Authority (SCA) will seek over ask for more than 1 billion dollars in compensation for the losses caused by mega-ship Ever Given blocking traffic in either direction after running aground sideways.

• Monday, March 29th 2021 - 09:24 UTC

  Ever Given released from Suez Canal but too early to speak of traffic resumption

  

  Rescue efforts to unlock the Panama-flagged mega-ship Ever Given from the Suez Canal finally proved successful early Monday, Egyptian authorities confirmed. But it was too soon to know when traffic through the vital waterway might resume.

• Monday, February 15th 2021 - 08:20 UTC

  Egypt: archeologists uncover 5,000 year old brewery with a 22,400 liters capacity

  

  An Egyptian-American team of archaeologists has uncovered a 5,000-year-old brewery capable of producing some 22,400 liters of beer at a time, the Egyptian Tourism Ministry has announced.

• Saturday, September 19th 2020 - 09:18 UTC

  Egypt becomes one of the main suppliers of garlic to the Brazilian market

  

  Egypt has become one of the main suppliers of garlic to Brazil, with data this year showing that in the first eight months the product sales have already exceeded US$ 5 million, according to SECEX, Brazil's foreign trade secretariat.

• Wednesday, April 15th 2020 - 13:55 UTC

  Brazilian agri-business exploring and confirming new markets

  

  Brazilian agriculture continues to penetrate the international market further. The month of March was marked by the opening of new markets for Brazilian products and the expansion of sales in other locations. Egypt, for example, has enabled 42 Brazilian establishments to supply meat – 27 for poultry and 15 for beef – in addition to the renewal of licenses for 95 companies – 82 for beef and 13 for poultry.

• Wednesday, July 24th 2019 - 23:55 UTC

  Rockhopper divests from Egypt to concentrate in the Falklands' Sea Lion project

  

  Oil and gas exploration firm Rockhopper Exploration, with interests in the Falklands and preparing to advance with the Sea Lion project, has agreed to sell its assets in Egypt to United Oil & Gas in a US$ 16m deal. The sale of Rockhopper Egypt includes a non-operated 22% interest in the Abu Sennan concession onshore Egypt and the existing assets of the business.

• Saturday, July 6th 2019 - 03:41 UTC

  Despite Egyptian protests, a quartzite head of Tutankhamun auctioned in London

  

  A 3,000-year-old quartzite head of Egyptian “Boy King” Tutankhamun was auctioned off for US$6 million Thursday in London despite a fierce outcry from Cairo. Christie's auction house sold the 28.5-centimetre relic for £4,746,250 (US$5,970,000) at one of its most controversial auctions in years.

• Tuesday, June 18th 2019 - 08:57 UTC

  Turkey blames Egypt's “tyrants” for the death of ex elected president Morsi

  

  Turkish President Recep Tayyip Erdogan on Monday blamed Egypt's “tyrants” for the death of former Egyptian president Mohammed Morsi who died in a Cairo hospital after fainting during a court session.