Latest Egypt News
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Sea Dragon Energy announces first quarter 2013 financial and operating results
Production increased by 47% to average 1,495 bopd for the quarter (Q1 2012: 1,019 bopd). Netbacks increased by 36% to US$5.3MM @ US$39.41/bbl (Q1 2012: US$3.9M @$41.93/bbl). Production currently stands at 1,959 boepd as the Shukheir Marine well (SHB-5) was returned to production after a workover in February that affected the average production level for the ...
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UAEs $3 bln aid for Egypt will take time - UAE finmin
SIR BU NUAYR ISLAND, United Arab Emirates | Fri May 24, 2013 11:14am EDT SIR BU NUAYR ISLAND, United Arab Emirates, May 24 (Reuters) - T he $3 billion in aid that the United Arab Emirates pledged for Egypt in 2011 will "take time" to be transferred, the UAE Finance Minister and Dubai Deputy Ruler said on Friday. "We are going in the right way but it will take time. I cannot ...
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Amnesty International criticizes torture in Egypt
Amnesty International says the administration of Egyptian President Mohamed Morsi failed to implement reforms to eradicate torture. "No legal or policy reforms were implemented to eradicate torture under either the SCAF [Supreme Council of Armed Forces] or President Morsi's administration," the organization said. "Torture and other ill-treatment continued and security ...
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EOHR Concludes First Training Workshop for Legal Experts On Dealing With Crimes of Torture
On Tuesday 21 May 2013, the Egyptian Organization for Human Rights (EOHR) completed its first training workshop for legal experts in how to deal with crimes of torture. The workshop was held over two days from 21 to 22 May 2013. The second day of the workshop involved several sessions beginning with Mr. Essam Shiha, a member of the executive committee of the Wafd Party - the nationalist liberal ...
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AfDB Returns to the Ugandan Capital Market With its Second Shilling Bond
The African Development Bank (AfDB) has launched its second Uganda-shilling denominated bond on the domestic capital market. The UGX 12.5 billion bond is opened for subscription until the 27th of May. It is the latest issuance under the UGX 125 billion Medium-Term Note (MTN) Programme originally established in mid-2012. The MTN approach was adopted to allow the Bank to regularly tap into the ...
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AfDB President Commends Tunisian Hospitality
The President of the African Development Bank Group, Donald Kaberuka, Thursday, May 23, in Tunis, called on the Tunisian Prime Minister, Ali Laarayedh. President Kaberuka underscored the friendship between the AfDB and Tunisia and expressed gratitude to the Tunisian Government and people for their hospitality to the institution for the past 10 years. "We are home in Tunisia," affirmed ...
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A Calm State in Tahrir Square Before Demonstrations
A state of calm prevailed in Cairo's Tahrir Square on Friday morning before a planned demonstration which several revolutionary parties and forces have called for. Participants in today's demonstration demand retribution for the martyrs, early presidential elections and the release of all detainees. Traffic movement is normal in Tahrir Square, reported the Middle East News ...
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President Discusses Bilateral Relations With Qatari Premier
President Mohamed Mursi met with Qatari Premier and Foreign Minister Hamad Bin Jassim on Thursday to discuss bilateral relations between the countries and ways to develop them. Mursi praised the steady growth of Egyptian-Qatari relations since the January 2011 uprising, especially in the energy, oil and natural gas fields, the presidency said in a statement on Facebook. Talks between the two ...
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Women Council Urges State to Pay Medical Expenses for Harassment Victims
Head of Egypt's National Council for Women urged the state to pay the medical treatment expenses for violence and sexual harassment victims. The culture in our society does not give girls a chance to report sexual harassment incidents, said head of the council Mervat al-Talawi. Talawi said that the council prepared a draft law preventing violence against women. The law comprised an ...
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Workshop On Youth Employment Action Plan Ends in Accra
Accra-Ghana - ECOWAS Member States have been urged to establish a mechanism for monitoring and evaluating the efficacy of their National Youth Employment Plans in responding to the youth employment challenges facing the region. This was one of the recommendations of a four-day workshop jointly organized by the ECOWAS Commission and the International Labour Organisation (ILO) to build the ...
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Analysis Sinai is becoming a major threat to Egypt
kidnapped last week in the Sinai Peninsula . They were released unhurt after marathon negotiations that lasted until dawn Wednesday between a representative of military intelligence, a Salafi sheikh and a representative of the Swarka tribe, one of the largest in the peninsula.No one will guarantee it will be the last kidnapping. The official version is that no deal was struck, and it may ...
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Regional Integration for Africas Structural Transformation
Africa needs accelerated growth and "structural transformation" in order to take the bulk of its population out of poverty. Critical to the attainment of this structural transformation is without a doubt the regional integration of the continent's weak, small and disparate economies. Regional integration, it is clear, is indispensible to building the economies of scale and ...
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Last night with Hani. Egyptian comedian Hani Ramzi ends late night talk shows.
Egyptian comedian actor Hani Ramzi has bid the cast of his nightly talk show "Al Layla Ma Hani" (Tonight with Hani) farewell. The show that airs on MBC Egypt featured a special grand finale in which Hani warmly thanked everyone that works on the program and helped make it a great success for the past six months.According to the Middle East news portal Elaph, Hani hosted 99 episodes for ...
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Egyptian Ashour in the groove
(23 mins ago) Ramy Ashour, seeking to become the first Egyptian in nearly 50 years to win the British Open title, scored his 38th successive victory as he hurtled into the quarter-finals in little more than 20 minutes. Ashour overcame Chris Simpson, a qualifier from England, by 11-2, 11-4, 11-9, en route to what he hopes will be the eclipse of another Englishman, Nick Matthew, the defending ...
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Egypts cash-strapped rulers woo former regime tycoons
Almost three years after an uprising fuelled bythe old regime's venality, Egypt's cash-strapped Islamist government is makingamends with businessmen who offer to pay their way back into the ...
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Egypt denies Morsi intents to run cabinet
Egyptian presidency denied Friday the circulated rumors that President Mohamed Morsi intended to hold the post of prime minister in an imminent cabinet reshuffle, official news agency MENA reported. "There is deliberation over assigning the post to another figure," MENA quoted presidential spokesman Omar Amer as saying. "Qualification will be the basic criteria for the upcoming ...










