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 05 - 10 - 2010

UN hails Morocco's efforts in housing field
The United Nations hailed, on Monday in Shanghai, Morocco's efforts in the field of housing, particularly in terms of reducing slums.
“Morocco's efforts in the field of housing have contributed to reducing the number of slums and improving the living conditions of citizens,” the UN Deputy Secretary General and Deputy Executive Director of the UN-Habitat, Inga Bjork-Klevby, underlined on the sidelines of the 2010 UN-Habitat Scroll of Honour awards, organized as part of the celebration of the World Habitat Day.
Morocco received the 2010 UN-Habitat Scroll of Honor award for its national program to fight indecent housing, which aims notably to eradicate slums in cities and urban centers.
Vimpelcom in $6.6 bil deal to buy Orascom, Wind
Russian mobile operator Vimpelcom will buy Italian mobile group Wind and control of Egyptian operator Orascom Telecom for USD 6.6 billion, and seek a deal with Algeria to keep Orascom's Djezzy unit.
The cash and shares deal, with Egyptian tycoon Naguib Sawiris' Weather Investments, will create the world's fifth-largest mobile operator, worth around USD 23 billion and with 174 million mobile subscribers.
OMV Finds Gas In Two Tunisian Wells In Nawara Concession
Austrian oil and gas company OMV AG (OMV.VI) Monday announced two new gas condensate discoveries in Tunisia, a result which it said bodes well for future exploration and production in the area.
The Khouloud-1 and Benefsej-1 wells, where the discoveries were made, are both based within the Nawara Production Concession in Southern Tunisia. With the two latest discoveries, OMV and its 50% concession-partner, national Tunisian oil and gas company ETAP, have now made nine consecutive discoveries within the concession, OMV said.
The new wells have both been cased and suspended for future testing and production, OMV said.
Brussels in talks with Tripoli over €5bn request
Libyan leader Muammar Gadd­afi's request for €5 billion a year from the EU to stop Africans crossing over to Europe illegally is under discussion at high-level talks in Tripoli.
Home Affairs Commissioner Cecilia Malmström's visit to the Libyan capital is aimed at boosting ongoing discussions on the possibility of signing the first cooperation framework agreement between the EU and Libya, the European Commission said yesterday.
The agreement would cover various areas but primarily the fight against illegal immigration. The meetings will run until tomorrow.
Sudan VP says Abyei referendum may be in doubt
Sudan's vice-president said a referendum on the future of the disputed Abyei area might not go ahead unless leaders settled differences over the vote, raising the stakes in troubled north-south territorial talks.
Sudan is about three months away from the scheduled start of the vote on whether oil-producing Abyei should join north or south Sudan — a plebiscite promised as part of the climax of a 2005 peace deal that ended decades of north-south civil war.
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