Egypt raises fuel prices, imposes one-year freeze amid cost pressures    Egypt courts Indian green energy investment in talks with Ocior Energy    Egypt, India hold first strategic dialogue to deepen ties    Egypt: Guardian of Heritage, Waiting for the World's Conscience    Egypt, Qatar sign MoU to boost cooperation in healthcare, food safety    EGX ends week mostly higher on Oct. 16    Egyptian Amateur Open golf tournament relaunches after 15-year hiatus    Egypt, UK, Palestine explore financing options for Gaza reconstruction ahead of Cairo conference    Egypt will never relinquish historical Nile water rights, PM says    Egypt explores cooperation with Chinese firms to advance robotic surgery    Fragile Gaza ceasefire tested as humanitarian crisis deepens    CBE, China's National Financial Regulatory sign MoU to strengthen joint cooperation    AUC makes history as 1st global host of IMMAA 2025    Avrio Gold to launch new jewellery, bullion factory in early 2026    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Cabinet hails Sharm El-Sheikh peace summit as turning point for Middle East peace    Gaza's fragile ceasefire tested as aid, reconstruction struggle to gain ground    Egypt's human rights committee reviews national strategy, UNHRC membership bid    Al-Sisi, world leaders meet in Sharm El-Sheikh to coordinate Gaza ceasefire implementation    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    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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