Egypt's president announced plans Monday to build several nuclear power plants -- the latest in a string of ambitious such proposals from moderate Arab countries. The United States immediately welcomed the plan, in a sharp contrast to what it called nuclear "cheating" by Iran.
Three Palestinians arrested in a secret border tunnel linking Gaza and Egypt had planned to carry out suicide attacks in Israel, a police official said.
CAIRO -- President Hosni Mubarak said Monday that Egypt is to build several nuclear power stations, relaunching a nuclear program frozen more than 20 years ago.
China is to build its first ever foreign industrial zone in Egypt in a project that is expected to draw 2.5 billion dollars in investment, Egypt's Trade and Industry minister said Tuesday.
Egypt said on Tuesday it had reached agreement with China on setting up an industrial zone that it hopes will attract $2.5bn in Chinese investment.
KUWAIT CITY -- The National Bank of Kuwait, the Gulf emirate's largest bank, has acquired 93.77 percent of Egypt's AlWatany Bank in a deal worth more than $900 million, the bank and the bourse said Monday.
Egypt announced on Monday a programme to build several nuclear power stations, pushing it towards the front of a queue of Middle Eastern nations eager for access to the controversial technology.
By Iaonnis Solomou Nicosia, Oct 30 (ANI): Dana Petroleum plc has announced that its wholly owned subsidiary Dana Petroleum (Eand P) Limited has completed the acquisition of Devon Energy Corporation's entire upstream petroleum business interests in Egypt spanning eight companies and eight Production Sharing Contracts in the Gulf of Suez and the Western Desert regions. The purchase price is ...
Rasmala Investments Holdings today announced that it has acquired 51 % of the Delta Financial Group in Egypt. This group includes: ▪ Delta Securities Egypt, one of the five largest brokerage companies in Egypt; ▪ Delta Asset Management, an established asset management firm recently acquired by Delta from ABN Amro Bank with assets under management of EGP 1.5 billion; and ▪ Delta Capital ...
CAIRO : China is to build its first ever foreign industrial zone in Egypt in a project that is expected to draw US$2.5 billion in investment, Egypt's Trade and Industry minister said on Tuesday.