EGX ends week mostly higher on Oct. 16    Egypt, Qatar sign MoU to boost cooperation in healthcare, food safety    Egypt, UK, Palestine explore financing options for Gaza reconstruction ahead of Cairo conference    Egyptian Amateur Open golf tournament relaunches after 15-year hiatus    Egypt's Kouchouk: IMF's combined reviews will give clearer picture of fiscal performance    Egypt will never relinquish historical Nile water rights, PM says    Oil prices rise on Thursday    Fragile Gaza ceasefire tested as humanitarian crisis deepens    Egypt explores cooperation with Chinese firms to advance robotic surgery    CBE, China's National Financial Regulatory sign MoU to strengthen joint cooperation    Avrio Gold to launch new jewellery, bullion factory in early 2026    AUC makes history as 1st global host of IMMAA 2025    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 Sisi, Sudan's Al-Burhan renew opposition to Ethiopia's unilateral Blue Nile moves    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    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    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 16 - 09 - 2010


Morocco gets solar energy backing
The Clean Technology Fund Trust Fund Committee (CTF TFC) has endorsed the Investment Plan for Concentrated Solar Power in the Middle East and North Africa Region, which aims at mobilizing $5.6 billion (including $750 million from the CTF) to accelerate deployment of 1 GW of Concentrated Solar Power (CSP) generation capacity, doubling the worldwide CSP installed capacity.
Morocco is the country with the largest proposed capacity in the MENA CSP CTF IP. The first plant to be developed under the CSP scale-up initiative is the 500 MW Ouarzazate plant in Morocco, which is the largest proposed CSP plant in the world.
Petroceltic looks into Algeria
Oil and gas explorer Petroceltic continues to focus on Algeria, where a five-well drilling program made a sizable gas condensate discovery at Ain Tsila, estimated at some 5.5 trillion cubic feet of gas. After securing a two-year license extension to appraise the discovery, Petroceltic, which owns a 75 per cent interest, and its Algerian partner Sonatrach (25 per cent) have planned an appraisal program of at least three wells, with drilling expected to start in early October.
Progress elsewhere has been mixed. The sale in 2009 of an interest in the company's Tunisian block to PetroAsian fully funded Petroceltic's $14.5m (£9.4m) drilling campaign this year. The first well was dry and the second is currently drilling.
Tunisian Businessmen Council in Gulf countries launched
Chaired by Mr. Hédi Djilani, the chairman of the Tunisian Industry, Trade and Handicrafts Union (UTICA), the Tunisian Businessmen Council in Gulf countries held, on Tuesday, its constituent assembly at the Tunisian Industry, Trade and Handicrafts Union (UTICA) headquarters in Tunis.
The creation of this structure aims at developing exportation of Tunisian products to the various Gulf countries and organizing a permanent exhibition of national products in each country of the region.
Libyan Shoah survivors to get reparations
Jews who immigrated to Israel from Libya after being persecuted by the Nazis during World War II will be eligible for reparations, the Prime Minister's Office said Tuesday. The move was promoted by the PM's Office and Finance Ministry together with the Holocaust Survivors' Rights Authority.
According to the statement, “The Libyan Jews' eligibility is based on their exposure to the Nazi persecution and their escape from their homes for fear of this persecution.”
Sudanese, Chadian Forces Search for Kidnapped Chinese Worker
Sudanese and Chadian forces are searching for a Chinese engineer who was kidnapped in Chad and is being held in a town along the border with Sudan's western region of Darfur, a Sudanese army spokesman said.
An unidentified armed group abducted the Chinese worker in the town of Bahai inside Chad and took him to Sharq al-Teyna, spokesman al-Sawarmi Khaled said today by phone from Sudan's capital, Khartoum.
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