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Egypt to launch $5.6bn development project in SinaiThe Egyptian government is set to pump in more than E£100 billion ($5.6 billion) into infrastructure development projects in the insurgency-hit Sinai peninsula over the next two to three years, said a report. The coast of th More… |
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Saudi Arabia, Egypt sign $16bn investment fund pactEgypt and Saudi Arabia signed an agreement late on Saturday to set up a SR60 billion ($16 billion) investment fund among other investment agreements including an economic free-zone to develop Egypt's Sinai region, Egyptian state television r More… |
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Egypt tourism revenues down $1.3bnEgypt's tourism revenue has declined by roughly $1.3 billion since a Russian plane crash in the Sinai last year, Prime Minister Sherif Ismail said in a televised interview on Monday. Egypt's president said last week that a More… |
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No arrests made over Russian plane crash: EgyptEgypt's interior ministry denied on Saturday making any arrests in connection with the crash of a Russian passenger plane in Sinai last October that killed all 224 people on board. Sources familiar with the matter had told Reu More… |
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Egypt hires firm to check airport securityEgypt has hired global consultancy Control Risks to review security at its airports following the crash of a plane carrying Russian holidaymakers over the Sinai Peninsula, killing all on board and hurting the country's tourism industry. More… |
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Bidding to bring the shine back to SinaiThe crash of a Russian plane in Egypt's Sinai that many blame on an Islamist militant bomb has scared tourists away from the peninsula. But a small aid organisation is hoping to show a peaceful side of the expanse. Sinai is Sa More… |
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No proof of criminal action in plane crash: CairoThe Kremlin said for the first time on Tuesday that a bomb brought down a Russian passenger plane that crashed over Egypt's Sinai Peninsula, killing 224 people, but Cairo said its probe had yet to find any evidence of criminal action. More… |
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Russia ‘convinced Sinai plane downed by bomb’Russian communications intercepted by US intelligence agencies showed Russia believed the plane that crashed in Sinai, Egypt, on October 31 was brought down by a bomb, US sources familiar with the matter said on Monday. The interc More… |
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11,000 Russians returned from EgyptRussia has returned 11,000 Russian tourists from Egypt in the last 24 hours, RIA news agency reported on Sunday, citing Deputy Prime Minister Arkady Dvorkovich. More people are expected to be brought back on Sunday, he was quoted More… |
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Technical fault, pilot error ruled out in Egypt crashThe Russian airline whose jet crashed in Egypt killing everyone on board said on Monday the crash could not have been caused by a technical fault or human error. The crash, in Egypt's Sinai Peninsula on Saturday, could only ha More… |
