Egypt News - Archives - 25 Jan 2013

Egypt Digest

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. Read more

Tourism

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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Iran poll shows people want change, says Obama

Egypt News.Net - Tuesday 18th June, 2013

WASHINGTON - US President Barack Obama has urged Iran's newly elected president to prove to the world that the Islamic republic was not pursuing a nuclear weapon programme as the White House welcomed election of a moderate leader as a hopeful sign. "I think it says that the Iranian people want to move in a different direction," Obama said of the election results in Iran that saw a surprising ...
Libya to hold trial of Gaddafi's son in August

Egypt News.Net - Tuesday 18th June, 2013

LONDON - Saif al-Islam Gaddafi, the son of deceased Libyan leader Colonel Muammar Gaddafi, will stand trial in August along with Gaddafi's last prime minister and a former intelligence director, the prosecutor's office has announced. The men will be tried for crimes against the Libyan people during the 2011 uprising that toppled the former regime. Notorious former spy chief Abdullah ...
Group of Eight leaders stop short of calling for Assad ouster

Egypt News.Net - Tuesday 18th June, 2013

ENNISKILLEN - The Group of Eight industrialised nations called for a swift end to the bloody civil war in Syria and urgent peace talks but stopped short of calling for the ouster of Syrian President Bashar Al-Assad in its joint statement at the end of talks Tuesday. Despite the lack of consensus among the G8 on the fate of Assad, as well as the use of chemical weapons by his regime, Canadian ...
Khurshid welcomes three months respite given to Indian expats in Saudi Arabia

Egypt News.Net - Tuesday 18th June, 2013

External Affairs Minister Salman Khurshid on Tuesday lauded the gesture of Saudi Arabian Government to grant three months respite to Indian immigrant workers overstaying or illegally residing in that country. "All those people who were there and did not have their complete paperwork or passports or those whose work visa had expired or those people who had received the visa for some work and ...

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Iran poll shows people want change, says Obama

Egypt News.Net - Tuesday 18th June, 2013

WASHINGTON - US President Barack Obama has urged Iran's newly elected president to prove to the world that the Islamic republic was not pursuing a nuclear weapon programme as the White House welcomed election of a moderate leader as a hopeful sign. "I think it says that the Iranian people want to move in a different direction," Obama said of the election results in Iran that saw a surprising ...
President Rousseff says Brazil has woken up after massive protests

Egypt News.Net - Tuesday 18th June, 2013

SAO PAULO, Brazil - Anti-graft protests swept Brazil's main cities as some 200,000 demonstrators marched through the streets against alleged mis-governance, forcing President Dilma Rousseff Tuesday to acknowledge the need for better public services and effective administration. The assurance from Rousseff came a day after biggest protests rocked at least ten Brazilian cities, including Sao ...
Talks between UK and Ecuador fail as Assange completes year in embassy

Egypt News.Net - Tuesday 18th June, 2013

LONDON - Talks between the United Kingdom and Ecuador have ended without any breakthrough over WikiLeaks founder Julian Assange's fate with the Andean nation vowing not to succumb to diplomatic pressure and was ready to consider request from Edward Snowden, another whistleblower, for asylum. As the fugitive anti-secrecy advocate marks one year holed up in the London embassy of Ecuador, ...

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Appeals court directs Ex-Im Bank to explain rationale for loan guarantee to Air India

Egypt News.Net - Tuesday 18th June, 2013

WASHINGTON - A U.S. appeals court has upheld a decision by the U.S. Export-Import Bank to finance the sale of 30 Boeing wide-body jets to Indian state-owned carrier Air India in a legal challenge brought by Delta Air Lines to the loan guarantee. The court has however directed the government-run bank to better explain its rationale for providing loan guarantee, which Delta claimed as a ...
Google renews efforts wipe out child porn images from internet

Egypt News.Net - Tuesday 18th June, 2013

LONDON - Internet giant Google said it is spending $5 million to wipe images of child abuse off the Internet and another $2 million to create tools to find the images and eradicate them. "We're in the business of making information widely available, but there's certain 'information' that should never be created or found," wrote Jacqueline Fuller, director of Google Giving, in a blog post. ...
GSK negotiating sale of thrombosis drug and plant to Aspen

Egypt News.Net - Tuesday 18th June, 2013

DURBAN / LONDON - South Africa's biggest generic drug maker Aspen Pharmacare and its subsidiary Aspen Global Incorporated have made an offer to acquire thrombosis drugs and their associated manufacturing site at Notre Dame de Bondeville, France, from GlaxoSmithKline (GSK). "AGI will acquire from GSK the Arixtra and Fraxiparine/Fraxodi brands and business worldwide, except in China, Pakistan ...
Carbon trading to begin in Shenzhen in bid to cut emission

Egypt News.Net - Tuesday 18th June, 2013

BEIJING - China, the world's biggest carbon emitter, is set to launch Tuesday its first carbon trading scheme as a pilot project in the southern city of Shenzhen as part of efforts to cut emissions in its key cities. Carbon emissions trading schemes are meant to encourage companies to reduce their carbon dioxide emissions by setting a limit or a cap, on the level of emission that can be ...