Global markets stabilise on Wednesday    Oil prices edged lower on Wednesday    Gold prices rebound on Wednesday    AOI, Dassault sign new partnership to advance defense industrial cooperation    Egypt unveils ambitious strategy to boost D-8 intra-trade to $500bn by 2030    Egypt discusses rehabilitating Iraqi factories, supplying defence equipment at EDEX 2025    Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025    Egypt's Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks    Egypt begins training Palestinian police as pressure mounts to accelerate Gaza reconstruction    Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy    Egypt's Health Minister leads high-level meeting to safeguard medicine, medical supply chains    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    US Embassy marks 70th anniversary of American Center Cairo    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 adds trachoma elimination to health success track record: WHO    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    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 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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