Wednesday 10th March, 2010
Electricity ministry says Egypt first solar plant by 2010
Arab FinanceEgypt said on Tuesday it expected its first solar power unit to become operational by the end of this year, with a capacity of 140 megawatts, the Electricity Ministry said in a statement on Tuesday. ...
Mohieldin sess US as important investment partner of Egypt
Arab FinanceThe US is one of Egypt’s important investment partners, given its varied business attractions and advanced technology, the Egyptian Investment Minister Mahmoud Mohieldin said at a meeting with membe...
Egypt aims for four nuclear plants by 2025
Arab FinanceEgypt aims to set up four nuclear plants by 2025, with the first to start operating in 2019, its Electricity Minister Hassan Younes was quoted as saying by the state news agency on Tuesday. Ministry ...
Egypt utility to sell bonds totaling $912 m next week
Arab FinanceThe Egyptian government's New Urban Communities Authority will begin selling bonds worth 5 billion Egyptian pounds ($912 million) next week, Reuters cited Finance Ministry official yesterday. The off...
Exchange rates against Egyptian pound-Wednesday
Arab FinanceMarket Rates Buy Sell U$(USD) 5.4699 5.4972 €(EUR) 7.4735 7.5114 £(GBP) 8.2847 8.3289 SFr(CHF) 5.1030 5.1352 ¥100(JPY)6.0514 6.0824 SRL(SAR) 1.4585 1.4659 KD(KWD) 18.9532 19.0810 UD(AED)...
UPDATE 1-Egypt Feb inflation dips to annual 12.8 pct
ReutersCAIRO, March 10 (Reuters) - Egypt's urban annual consumer price inflation slid to 12.8 percent in the year to February, below forecasts, the state statistics agency said on Wednesday.
UN joins Biden in condemning Israel settlement plan
Reuters"(Ban) reiterates that settlements are illegal under international law," he said. "Furthermore, he underscores that settlement activity is contrary to Israel's obligations under the Roadmap (peace ...
Boeing Delivers EGYPTAIR's First 777-300ER for Long-Haul Fleet Upgrade
Earth Times/PRNewswire-FirstCall/ -- EGYPTAIR and leasing company GE Capital Aviation Services (GECAS) took delivery Monday of the first Boeing (NYSE: BA) 777-300ER (Extended Range) commercial jetliner to join E...
Hamas denies Egypt to send delegation to Gaza
People's DailyIslamic Hamas movement on Tuesday denied reports that Egypt would send a delegation to the Gaza Strip to look into prospects of signing a national Palestinian reconciliation deal."These reports a...
Egypt to pay for restoration of all its Jewish synagogues
USA TodayAn Egyptian policeman orders media to leave the area in front of the Jewish synagogue Shaar Hashamayim, background, in Cairo, Egypt, Feb. 21, after a man hurled a suitcase containing a makeshift bomb ...
Egypt utility to sell bonds totaling $912m next week
Kuwait TimesPublished Date: March 10, 2010 CAIRO: The Egyptian government's New Urban Communities Authority will begin selling bonds worth 5 billion Egyptian pounds ($912 million) next week, a Finance Ministry o...
Virgin Atlantic launches London-Ghana flights
afrol NewsThe US airliner Virgin Atlantic has announced it will launch direct flights between Accra and London Heathrow this summer. The new route is to include economy fares, competing well with other airliner...
Kenya floods affect 8,300
afrol NewsThis week's floods in Kenya have affected an approximately 8,360 people in nine districts, causing 11 deaths, according to the first assessment of the disaster. Roads and bridges were washed away, cut...
Industry sees higher steel prices hard to sustain
ReutersMARRAKESH, Morocco, March 9 (Reuters) - A jump in steel prices at the start of 2010 looks hard to sustain as growth in global demand remains weak, industry officials and traders said at an Arab ste...
EARNINGS POLL-Orascom Telecom Q4 net seen at $102 mln
ReutersQuote ), the Arab world's largest mobile operator by subscribers, is seen posting steady revenue and EBITDA but a sharp dip in its bottom line due to a $120 million bill on its Algerian unit. A Re...
Egypt to pay for restoration of all synangogues
New Jersey Online(AP) — CAIRO - Egypt will shoulder the costs of restoring the country's Jewish houses of worship said the culture minister Tuesday, two days after a historic synagogue in Cairo's ancient Jewis...
Egypt to pay for restoration of all synagogues
Gadsden TimesEgypt will shoulder the costs of restoring the country's Jewish houses of worship said the culture minister Tuesday, two days after a historic synagogue in Cairo's ancient Jewish quarter was rededicat...
Egypt releases blogger facing military trial
afrol NewsAn Egyptian blogger, who was facing jail after he published a post alleging nepotism within the armed forces, has been released. He however had to apologise publicly to avoid a military trial.
West Africa enters intl organic food market
afrol NewsConsumers in Europe and America are willing to pay extra for trusted quality organic food products. Now, a new project helps thousands of farmers in Burkina Faso, Cameroon, Ghana, Senegal and Sierra L...
Demands for Nigeria to stop massacres
afrol NewsRights groups hold the Nigerian government responsible for a failure to adopt policies that could have hindered this weekend's massacre of 500 people around Jos City. Also the international community ...
"Subsidise infrastructure, not fertilisers," report
afrol NewsA new report urges African governments to stop the new tendency of direct intervention in agriculture, with subsidising fertilisers as an example. Government should rather help markets by providing in...
[03/09] Egypt to pay for restoration of all synagogues
Find LawCAIRO (AP) - Egypt will shoulder the costs of restoring the country's Jewish houses of worship said the culture minister Tuesday, two days after a historic synagogue in Cairo's ancient Jewish quarter ...
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