EGX ends week in green area on 23 Oct.    Egypt's Curative Organisation, VACSERA sign deal to boost health, vaccine cooperation    Egypt, EU sign €75m deal to boost local socio-economic reforms, services    Egypt, EU sign €4b deal for second phase of macro-financial assistance    Egypt's East Port Said receives Qatari aid shipments for Gaza    Egypt joins EU's €95b Horizon Europe research, innovation programme    Oil prices jump 3% on Thursday    Egypt steps up oversight of medical supplies in North Sinai    Egypt to issue commemorative coins ahead of Grand Egyptian Museum opening    Suez Canal signs $2bn first-phase deal to build petrochemical complex in Ain Sokhna    Inaugural EU-Egypt summit focuses on investment, Gaza and migration    Egypt, Sudan discuss boosting health cooperation, supporting Sudan's medical system    Omar Hisham announces launch of Egyptian junior and ladies' golf with 100 players from 15 nations    Egypt records 18 new oil, gas discoveries since July; 13 integrated into production map: Petroleum Minister    Defying US tariffs, China's industrial heartland shows resilience    Pakistan, Afghanistan ceasefire holds as focus shifts to Istanbul talks    Egypt's non-oil exports jump 21% to $36.6bn in 9M 2025: El-Khatib    Egypt, France agree to boost humanitarian aid, rebuild Gaza's health sector    Egyptian junior and ladies' golf open to be held in New Giza, offers EGP 1m in prizes    The Survivors of Nothingness — Part Two    Health Minister reviews readiness of Minya for rollout of universal health insurance    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt launches official website for Grand Egyptian Museum ahead of November opening    The Survivors of Nothingness — Episode (I)    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt successfully hosts Egyptian Amateur Open golf championship with 19-nation turnout    Egypt will never relinquish historical Nile water rights, PM says    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 warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    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    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 03 - 11 - 2010

UN to hold Western Sahara talks in New York
Representatives of Morocco and Western Sahara's independence movement, Polisario, will meet next week to try to break an impasse over the resource-rich territory's future, the U.N. said on Tuesday.
The two sides, along with officials from Algeria and Mauritania, will meet in the town of Manhasset near New York City on November 8-9, U.N. spokesman Martin Nesirky told reporters.
Western Sahara, a former Spanish colony with a population of under half a million and large mineral resources, was annexed in 1975 by Morocco, which has been calling on the Algerian-backed independence movement to free a Polisario dissident.
Algeria tightening grip on Orascom
Algeria seems determined to prolong the agony of Egyptian mobile group Orascom Telecom. The authorities have already imposed tax bills on Orascom's highly-profitable Algerian unit, Djezzy, while making clear they intend to nationalize it.
Now the government has hardened its position even further, saying it will not buy Djezzy until the company has paid all fines and liabilities imposed by the state. That may jeopardize the deal between Orascom's owner Naquib Sawiris (pictured) and Russian group Vimpelcom, which is set to create the world's fifth largest telecoms group by customers. Unsurprisingly, Orascom's stocks are tumbling.
Expro inks fresh deals in Tunisia
Expro, the UK oil services company with offices in Dubai, said on Wednesday it has won two new contracts in Tunisia.
The first contract is for an integrated well testing project located offshore in the Gulf of Hammamet, northeast Tunisia. The second deal is an extension of an existing integrated project in Tunisia, that will now include sampling and analysis, drill stem testing and data acquisition.
Chad sees telco growth from Libya stake purchase
Chad is looking to boost the number of its mobile phone users to two million from 100,000 following the purchase of a majority stake in the local telecoms company by Libyan state-owned firm LAP Green Network.
The purchase of a 60 percent stake in Sotel for $90 million came with a commitment by the Libyan company to invest up to $100 million in the domestic player and its network, Chad's Trade and Industry Minister Abassallah Youssouf said on Tuesday.
Sudan Downplays US Sanctions Renewal
The Sudanese government has scoffed at the value of the US decision to renew sanctions against Sudan.
Foreign Ministry spokesperson, Muawia Osman Khalid said that US Administration failed to take any action that would contribute in pushing Sudanese issues towards a resolution at this stage which necessitates the lifting of sanctions from Sudan.
He added that lifting the sanctions was a permanent article in all talks between the Sudan and US Administration since 1997.
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