Factories at Crossroads: Egypt's industrial sector between optimism, crisis    Al-Sisi, Türkiye's FM discuss boosting ties, regional issues    Russia warns of efforts to disrupt Trump-Putin summit on Ukraine    Rift between Netanyahu and military deepens over Gaza strategy    MIDBANK extends EGP 1bn credit facilities to Raya Information Technology    United Bank contributes EGP 600m to syndicated loan worth EGP 6.2bn for Mountain View project    Suez Canal Bank net profits surge 71% to EGP 3.1bn in H1 2025    Egypt's gold prices grow on Aug. 7th    Madbouly says Egypt, Sudan 'one body,' vows continued support    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt signs vaccine production agreement with UAE's Al Qalaa, China's Red Flag    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt to open Grand Egyptian Museum on Nov. 1: PM    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt, Philippines explore deeper pharmaceutical cooperation    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egypt, Cuba explore expanded cooperation in pharmaceuticals, vaccine technology    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    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    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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Headlines from the region
Published in Bikya Masr on 04 - 04 - 2010


Shell to sell retail operations in Africa
Royal Dutch Shell is selling its downstream businesses in 21 African countries, in line with its strategy to cut its retail operations by 35 percent.
The company has had several expressions of interest from potential buyers of its retail, lubricant, liquid petroleum gas and bitumen operations across all of its African markets except fuels, lubricants and refinery activities in South Africa, and the group's lubricants business in Egypt. The company also plans to appoint third-party distributors for its branded lubricants in Morocco, Tunisia, Algeria and Ghana. No exploration and production operations are included in the review.
Orascom loses Algeria tax appeal
Egyptian telecommunications giant Orascom Telecom says its Algerian subsidiary Djezzy has lost its final appeal over a tax reassessment of almost $600 million.
Orascom, which operates Mobinil, Egypt's largest mobile phone service provider by number of subscribers, said in a statement Thursday it “intends to challenge this rejection” by the Algerian tax authority in the country's administrative courts.
Tunisia: Launch of New Oil and Gas Portal in Nation
“Tunisiaoilonline”, a new portal dedicated to Tunisian oil and gas was recently launched in Tunis. The new website offers professionals, stakeholders and visitors, several services such as “targeted ads”, “environments” and “listings of Tunisian and global companies” in the sector.
It also offers the opportunity to be informed of various events, conferences and events related to energy, through an “Agenda” enriched with useful details such as telephone, contact person, website.
Arab League renews support for peace efforts
Arab leaders have renewed their support for Mideast peace efforts, rejecting pressure from Syria and Libya on the Palestinians to abandon talks with Israel and resume armed resistance.
The Arab League’s backing for a land-for-peace initiative with Israel came despite its firm opposition to Israeli plans for Jewish construction in east Jerusalem, land Palestinians claim as the capital of a future state.
Sudan: Japanese Ambassador Meets with Unamid Leadership
The newly-appointed Japanese Ambassador to Sudan, Mr. Akinori Wada, today visited UNAMID headquarters in El Fasher, North Darfur, as part of a two-day tour of the region. He met with the Mission's Deputy Joint Special Representative (DJSR) Mohamed Yonis who briefed him on the security situation.
The meeting was attended by the Mission's Director of Communications and Public Information Kemal Saïki, Director of Political Affairs Abiodun Bashua, and Acting Chief of Staff Miguel Martin.
Lebanon Prepares for Summer Tourist Invasion
Lebanon’s tourism industry saw a major rebound in 2009, the World Tourism Organization announced this week.
The tourism monitoring group found inbound tourism to Lebanon in 2009 to have risen by 39 percent over 2008 figures, with 1.8 million tourists entering the 4 million strong country.
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