Egypt's NUCA, SHMFF sign New Cairo land allocation for integrated urban project    CIB named Egypt's Bank of the Year 2025 as factoring portfolio hits EGP 4bn    Egypt declares Red Sea's Great Coral Reef a new marine protected area    Oil prices edge higher on Thursday    Gold prices fall on Thursday    Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing    Egypt denies coordination with Israel over Rafah crossing    Egypt to swap capital gains for stamp duty to boost stock market investment    Egypt tackles waste sector funding gaps, local governance reforms    Egypt, Switzerland explore expanded health cooperation, joint pharmaceutical ventures    Egypt recovers two ancient artefacts from Belgium    Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025    Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy    Egypt's Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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 01 - 08 - 2010

Morocco goes for GE gas turbines to feed growing demand
Morocco's strong economic growth and growing demand for electricity have landed GE and French Cegelec a $260 million contract to equip the country's national electricity grid with fuel-flexible gas turbine technology.
The turbines will be installed at the Kenitra power plant, about 25 miles north of the capital, and will help the Office National de l'Electricite, the state-run power utility, to meet an increasing demand for electricity.
Algeria Millennium Bomb Plotter Broke Conditions of His Release, U.S. Says
An Algerian man convicted in a foiled millennium plot to bomb Los Angeles International Airport in late 1999 is scheduled to appear in court today on charges he broke the conditions of his supervised release.
U.S. prosecutors plan to use “foreign intelligence” evidence against him, according to court records.
Abdelghani Meskini, who pleaded guilty to planning an attack to take place during New Year's celebrations in 1999, will appear before a federal judge in New York, according to the court docket. Meskini, who cooperated with prosecutors, was sentenced in January 2004 to six years in prison, including time he'd already served, and ordered to pay $59,000 in restitution.
Eni To Start Libya, Algeria Long-term Gas Deals Renegotiations
Eni SpA (E) is about to start renegotiations of its long-term natural gas contracts with Libya and will soon begin the same with Algeria, said Chief Executive Paolo Scaroni Wednesday as spot prices of the fossil fuel remain low.
Renegotiation “windows” are allowing the Italian oil and gas company to take this step, said Scaroni on a conference call to comment on the company's second-quarter results.
Eni isn't only renegotiating the price in these long-term contracts, but also the take-or-pay conditions, he said.
Tunisia's Central Bank reports recovery in industrial products and exports
The state of economic and financial affairs, both at the national and international levels was the focus of the Tunisia's Central Bank (BCT) Executive Board meeting which was held on Thursday in Tunis.
At the national level, the economic situation was marked in the end of July 2010 by ongoing recovery in production and exports by the industrial sector, while tourist and air transport indicators posted some regression, compared to a year earlier.
Aid group suspends work due to South Sudan attacks
Aid group Doctors Without Borders said it has been forced to suspend work in a volatile part of South Sudan because of attacks against his staff, as violence between rival tribes surges in the area.
The group, also known as Medecins Sans Frontieres, said Friday that armed men stole medical equipment from one of its health clinics twice this month in Jonglei state. Staff members have also been attacked while delivering aid, the organization said.
BM


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