Indonesia has launched an ambitious plan to tap the vast power of its volcanoes and become a world leader in geothermal energy, while trimming greenhouse gas emissions.
D-8 Organization is keen on building stronger cooperation among its memberstates in energy sector,…

Construction accounts for around 8 per cent of the total employment in Egypt, with about 100 different industries linked to the sector
Egypt’s rapidly growing building and construction sector is expected to attract investments of around USD 7.3 billion by…

Blossoming trade relations between Egypt and Turkey are set to improve further with a business forum in İstanbul this week, bringing together more than 700 businessmen from the two countries. Both countries seek to reach an increase of $100 mln…

Egypt is keen on implementing program to utilize its geographical location to become a major energy hub for the region
Cairo aims to embark on an ambitious national plan to exploit its geographic location to become a regional energy hub,…

Egypt is optimist to reach 5% growth this year, despite repercussions of the global crisis that negatively affected the world in 2009
The Egyptian government is expecting growth rates to rise to 6% during the coming fiscal year, after rates…

Egypt expects 520 exploratory and development wells for oil and 36 for natural gas to be drilled in 2010
Egypt is planning to explore for oil and gas and to develop hydrocarbon fields in 2010 with about US$6 billion in…

Doing business in Egypt eases as the country increases its global competitiveness
Despite tough economic conditions, Egypt is continuing to strengthen its position not only as one of the world’s leading outsourcing destinations but also as a successful business location.…

Egypt attracted a total of 12.8 million visitors in 2008
Egypt’s tourism industry, which suffered a decline of 9.5% during the first half of 2009, is showing signs of recovery, according to Egyptian Tourism Minister Zoheir Garranah.
That 9.5% fall…

Egypt's economy growth has picked up from 4.1 percent in the previous three months
Egypt’s economic growth accelerated to 4.3 percent in the first quarter of 2009 as construction, telecommunications and transportation expanded, defying the global financial crisis.
Growth picked…

IMF report cited Egypt banks provision of liquidity and the lowering of interest rates, saying the reserve had "acted appropriately"
Egypt’s banks appear to be weathering the global financial storm far better than many of their regional and international counterparts,…