RECENT NEWS
Reuters  Dec 5  Comment 
Egypt is still evaluating offers it received for its latest oil and gas bid round offering 11 blocks in the Gulf of Suez and the South Eastern Desert, the country's oil minister said on Saturday.
Reuters  Dec 5  Comment 
Algeria's state-owned energy firm Sonatrach is setting up an oil and gas joint venture with two Egyptian national companies, its chief executive officer told Reuters on Saturday.
New York Times  Dec 5  Comment 
CAIRO (AP) -- An Egyptian security official says two motorboats have collided in the Nile in northern Egypt and dozens of passengers are missing.
New Straits Times  Dec 5  Comment 
ENGLAND COACH FABIO CAPELLO “I think it is one of the most balanced groups. Algeria have beaten Egypt so they are a dangerous side. I remember there have been groups that looked easy but then became really complicated,” he told Sky Italia.
Reuters  Dec 4  Comment 
After selling just 33 apartments last year, Egypt's Nasr City Housing is stepping up development, selling units before delivery and targeting a wider range of buyers, its chief executive officer said on Wednesday.
Reuters  Dec 3  Comment 
CI Capital Research downgraded Egypt's Orascom Telecom to "hold" from "strong buy," and said current disputes with regulators in Algeria and Canada will take a toll on the Cairo-based international mobile operator's business growth.
Metal Bulletin  Dec 3  Comment 
Egypt’s Ezz Steel has increased its domestic rebar prices by E£150 ($28) on higher raw material costs, MB was told.
Reuters  Dec 2  Comment 
Dubai-based Abraaj Capital is pressing ahead with healthcare, education and agribusiness investments in Egypt, unaffected by the restructuring at Dubai World, its Egypt country manager said.
Sydney Morning Herald  Dec 2  Comment 
Tony Abbott may not be as happy with your depiction of him on the front page as a cursory glance might lead one to suppose. True, as we read in Exodus, Moses leads God's people through the parted waters of the Red Sea, freeing them from slavery in...
Reuters  Dec 2  Comment 
Swiss-based Orascom Development Holding has been approved to list Egypt's first depositary receipts on the country's stock exchange, company and market officials said on Wednesday.
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