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CurrencyRateTime (EST)
EUR USD1.321701-29 03:17
USD JPY76.6701-29 03:17
GBP USD1.572801-29 03:17
USD CHF0.912301-29 03:17
Forex News (EST)
Forex: EUR/USD climbs above 1.3200 despite EZ downgrades
Fitch downgrades 5 euro zone countries including Spain and Italy
Forex: USD/JPY extends decline to 76.65
Forex Flash: USD/CAD return toward 1.0400 is expected - UBS

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Egypt is an exciting country, both for its antiquities, and modern high culture. When most people think of Egypt, they think of antiquities, but Egypt offers much more. Certainly it is a prime location to see our great heritage from the ancient world, including Pyramids and wonderful temples, but Egypt offers many adventure tours as well, including nature and desert treks, great scuba diving and even golf, fishing and birding expeditions. Alternatively, one may choose to simply relax on Egypt's wondrous Red Sea or Sinai coasts, or take in the high culture of Cairo, including grand operas, fine restaurants and its exciting night life.

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Sunday 29th January, 2012

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Egypt's oil industry is growing rapidly


Egypt's oil industry is growing rapidly

Egypt has, in recent years, made immense gains in terms of economic performance. The country has long been the economic powerhouse of North Africa and Africa in general (second only to South Africa and Nigeria) and has taken great steps to reverse the highly-centralized economy inherited from President Gamel Abdel Nasser.

The oil and gas sector has long been one of the major strengths in the Egyptian economy, along with other natural resources such as minerals, gold and natural gas.

But the high point of oil produ ... more


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