Business Standard 19 people killed in Nile ferry crash in Egypt At least 19 people have drowned and six others injured after a ferry collided with a cargo boat and capsized in the Nile River in Egypt, officials said. The incident took place late last night in Waraq area near here, Interior Ministry said in a statement. Following the collision, the passenger boat sustained damages, causing it to sink in the river. Six people have been rescued and the captain of the cargo boat has been arrested, the ministry said. Read more at: http://www.business-standard.com/article/pti-stories/19-people-killed-in-nile-ferry-crash-in-egypt-115072300078_1.html Reuters Egypt court sentences Mubarak-era prime minister to five years jail Ahmed Nazif, a former Egyptian prime minister under ousted president Hosni Mubarak, was sentenced to five years in jail on graft charges in a retrial on Wednesday, judicial sources said. Nazif had previously been sentenced to three years before launching an appeal that led to the retrial. Two of Nazif's sons, also facing re-trial on graft charges on Wednesday, were ordered to pay fines, the sources said. Many other Mubarak-era figures have been cleared of charges in recent months. Read more at: http://www.reuters.com/article/2015/07/22/us-egypt-court-corruption-idUSKCN0PW1J120150722 Offshore Engineer Eni makes 15 Bcm Egypt find Italy's Eni has discovered gas at the Nooros exploration prospect in the Abu Madi West license, in the Nile Delta, offshore Egypt. Preliminary estimates of the discovery account for a potential of 15 Bcm of gas in place with upside, plus associated condensates. The Nidoco NW2 Dir NFW well, which sits 120km northeast of Alexandria, reached 3600m total depth and encountered a 60m thick gas bearing sandstone interval of Messianian age with excellent petrophysical properties, further of other gas layers in the overlying Pliocene section. Read more at: http://www.oedigital.com/component/k2/item/9800-eni-makes-15-bcm-egypt-find
