Sunday 21 September 2014
 
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Egypt

Blast near Egyptian ministry kills two policemen

A bomb blast near Egypt's foreign ministry killed two police officers and wounded several others on Sunday, the Interior Ministry said, in the most serious attack in Cairo in almost three months. There was no immediate claim o

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Egypt’s Fawry launches new payment platform

Fawry, Egypt’s leading nationwide Electronic Bill Presentment and Payment (EBPP) platform, has announced the launch of a new payment service that will enable customers to directly pay their traffic fines via the Fawry network of payment ch

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Egypt to host Palestine-Israel Gaza talks in days

Egypt will host talks between rival Palestinian factions within days, followed by indirect negotiations between Palestinians and Israelis on the ceasefire in Gaza, the state news agency MENA said on Saturday. The report quoted an

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US to deliver 10 Apache attack helicopters to Egypt

US Defense Secretary Chuck Hagel spoke with Egyptian Defense Minister Colonel General Sedki Sobhy on Saturday to confirm the United States plans to deliver 10 Apache helicopters to Egypt to support Cairo's counter-terrorism efforts, the Pent

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Egypt's GASC buys 55,000 tonnes of US wheat

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Saturday it had bought 55,000 tonnes of U.S. soft red winter wheat in a tender for shipment October 21-31. The wheat was purchased from Am

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Western firms win key Egypt oil, gas blocks

Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm to cover seven exploration areas in the Suez Canal, Egypt's western desert, the Mediterranean sea and the Nile Delta.

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Egypt must cut red tape to win investors in Suez canal

Egypt must strip back bureaucracy to attract investment in its planned second Suez canal and bring in new laws making it easier for companies to get licences and land, a legal firm linked to the project said. Egypt plans to build

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Russia, Egypt seal arms deal worth $3.5bn

Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion from Moscow, Interfax news agency quoted the head of a Russian state arms agency as saying on Wednesday. Speaking during an arms trade exhib

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EGPC to buy 65pc of its oil products from UAE

Egypt's state oil company Egyptian General Petroleum Corporation (EGPC) will buy 65 per cent of its oil product import needs from the UAE’s Adnoc for one year after the government approved the deal on Wednesday. The agre

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Power cuts major obstacle to investment in Egypt

Power cuts dogging Egypt have become the biggest obstacle to luring back foreign investment after three years of political upheaval, the country's investment minister has said. Electricity shortages mean the country often has

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