Tag: Egypt

• Thursday, December 21st 2017 - 11:26 UTC

  Egypt attends Mercosur summit in Brasilia

  

  Egypt is attending the ministerial meeting of the Mercosur bloc in Brasilia to deliver a message about the importance of joining the group, Minister of Industry and Foreign Trade Tarek Kabil said in a statement.

• Saturday, November 25th 2017 - 23:25 UTC

  The attack of the Sinai mosque: ISIS has promised to eradicate Sufi Muslims

  

  The horrific attack on the Rawda mosque in the Sinai peninsula was the deadliest in Egypt's history, with at least 305 killed including 27 children. Attacks on mosques in Egypt are unusual, the targets are Christian Copts temples, but to understand why this mosque was targeted, it’s important to understand how Sunni extremists see Sufism.

• Wednesday, October 25th 2017 - 11:36 UTC

  Saudi Arabia announces plan to build US$ 500bn new city and a bridge connecting with Egypt

  

  Saudi Crown Prince Mohammad Bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.

• Monday, June 5th 2017 - 10:26 UTC

  Arab countries isolate Qatar; Emirate is accused of cozying to Iran and supporting terrorism

  

  Arab countries began cutting off diplomatic relations with the Persian Gulf emirate of Qatar on Monday, accusing it in general terms of supporting terrorism. Egypt accused Qatar specifically of supporting the Muslim Brotherhood, Egypt's state news agency reported.

• Saturday, November 26th 2016 - 12:43 UTC

  BP buys into Egypt's super giant Zohr gas field, the largest in the Mediterranean

  

  BP announced on Friday that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for US$375 million. On closing, BP will also reimburse Eni for BP's share of past expenditure. As part of the agreement, BP also has an option before the end of 2017 to buy a further 5% interest in the concession under the same terms.

• Sunday, May 29th 2016 - 14:18 UTC

  British tourists target holidays in Spain and Portugal instead of Egypt and Tunisia

  

  More British tourists are set to spend their summer holidays in Spain and Portugal as demand for sunshine breaks in Tunisia and Egypt declines over fears of violence, travel agents said. Trade body the Association of British Travel Agents (ABTA) cited figures showing that bookings to Portugal were up 29%, while Spain was up 26% and Cyprus increased 18% compared to last year.

• Wednesday, September 30th 2015 - 09:21 UTC

  French Mistral helicopter carriers, originally for Russia, sold to Egypt

  

  France has agreed to sell two Mistral helicopter carriers to Egypt for 950 million Euros after their sale to Russia was canceled in August, French officials said on Wednesday.

• Thursday, July 30th 2015 - 08:07 UTC

  First cargo ships sail along Egypt's new expanded Suez Canal; official opening in August

  

  The first cargo ships passed through Egypt's New Suez Canal last weekend in a test-run before it opens next month, state media reported, eleven months after the army began constructing the $8 billion canal alongside the existing 145-year-old Suez Canal.

• Wednesday, October 22nd 2014 - 09:58 UTC

  Consortium acquires 1.5bn dollars contract in dredging 'new' Suez Canal

  

  A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez Canal Authorities in connection with the expansion of the Suez Canal, which provides a vital shipping link between Europe and Asia.

• Thursday, August 7th 2014 - 07:54 UTC

  Egypt plans to build a new parallel Suez Canal to be completed in five years

  

  Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.