Indian IT solutions provider Wipro has signed an agreement with Egypt's Information Technology Industry Development Agency to set up a global IT services development centre in the North African country.
The Defense Department said Friday it was proposing to sell Israel advanced missiles and aviation fuel worth up to $642 million and tank kits to Egypt worth up to $847 million.
The Pentagon announced Friday the possible sale of M1 Abrams tank kits to Egypt and missiles and fuel to Israel.
WASHINGTON, Aug 24 (Reuters) - The U.S. Defense Department said Friday it was proposing to sell Israel advanced missiles and aviation fuel worth up to $642 million and tank kits to Egypt worth up to $847 million.
Paul Perry has scoured the sands of Egypt, steered ancient catacombs and grilled historians in search of answers to one of history's major questions: What happened during the childhood of Jesus Christ
The sale of kits to equip 125 M1A1 battle tanks co-produced by Egypt was valued at 847 million dollars if all options are exercised.
Egypt's Ministry of Communications and Information Technology has said that Wipro will set up a global development centre in Cairo's Smart Village.
Egypt's current account surplus rose by 54% in the year to June thanks in the main to greater revenues from tourism and the Suez Canal, as well as an increase in exports, according to Reuters citing statistics from the country's central bank.
One of Egypt's most outspoken government critics, an Egyptian-American academic, said he has been warned not to return to his native country for fear of arrest "or worse" amid a crackdown on dissidents.
The Egyptian government increases repression and harassment, contrary to the legacy of its statehood. Most recently, the Mubarak government has retrenched its legal system with thirty-four constitutional amendments intensifying its authoritarianism, says Rami Khouri .