Egypt, China ink agreements on standards, university hospital cooperation    Foreign, housing ministers discuss Egypt's role in African development push    Egypt backs Palestinian unity, calls for ceasefire, aid access    EGX ends week in green on July 10    Egyptian pound strengthens against US dollar on July 10    Egypt, China central banks sign pacts to boost yuan use, payment systems    Egypt's EDA, Haleon discuss local market support    Environment ministry signs agreement to strengthen marine protection, promote ecotourism    Egypt, WHO discuss expanding health cooperation, development initiatives    Service restoration underway after Cairo telecom fire, minister tells PM    Chinese Premier Li Qiang arrives in Egypt for high-level talks    Gaza under siege, fire: Resistance intensifies amid deepening humanitarian collapse    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Pakistan boost healthcare ties – Cabinet    UK, Egypt strengthen cooperation on green transition, eco-tourism, and environmental investments    Escalation in Gaza as ceasefire talks remain fragile amid mounting humanitarian crisis    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM, Uruguay's president discuss Gaza, trade at BRICS summit    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Egypt condemns deadly terrorist attack in Niger        Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Egypt in International Media
Published in Albawaba on 09 - 09 - 2015


The Guardian
Egypt kills 56 militants in first two days of major operation in Sinai
Egypt's army has announced a "major military operation" against Islamic State's affiliate in the Sinai peninsula, Sinai Province, in which 56 militants have been killed in two days.
It said the operation was launched on Monday morning to "eliminate terrorist elements" around the towns of Rafah, Sheikh Zuweid and Arish.
The army claimed 29 jihadis were killed in Monday's fighting, while an Egyptian officer and a soldier died, and four were wounded, when their vehicle was blown up by a bomb.
Read more: http://www.theguardian.com/world/2015/sep/08/egypt-kills-militants-major-operation-sinai-province-isis
Al Arabiya
Gas field discovery in Egypt a big draw for foreign investors: experts
The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel, Egypt's petroleum minister said this week, playing down fears that potential deals could be under threat.
"Any negotiations between private companies in Egypt and in the eastern Mediterranean, and by this I mean Israel and Cyprus, will not stop," Sherif Ismail said.
"These negotiations and initial agreements are ongoing," he added.
Last week, the Italian energy company announced the discovery of the "supergiant" natural gas field and predicted it could held Egypt meet its gas needs for decades.
Read more: http://english.alarabiya.net/en/business/energy/2015/09/08/-Supergiant-gas-field-discovery-in-Egypt-a-big-draw-for-foreign-investors-experts.html
Reuters
Egyptian pound steady at dollar sale, exchange bureau
Egypt's central bank kept the pound steady at a dollar sale on Tuesday, selling $37.8 million at a cut-off price of 7.7301 pounds per dollar, unchanged from Sunday.
The central bank had kept the pound at 7.5301 for five months until July, when it allowed it to slide to 7.6301. On July 5 the bank let it slip a further 0.10 pounds.
Allowing the pound to weaken in a controlled way could boost exports and attract investment but it also raises Egypt's already-large bill for imported fuel and food staples.
Read more: http://www.reuters.com/article/2015/09/08/egypt-forex-idUSL5N11E1S220150908


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