D-8 SG in meeting with Minister of Petroleum of Egypt
s oil prices continue to rise and the global energy crisis gains momentum, Egypt turned its attention this week on ways the Developing Eight (D8) member states can cooperate to…

The policy debate on biofuels is at a crossroads. Public sentiment in the United States and Europe has swung from enthusiasm to alarm, following a string of reports on the high costs of biofuel subsidies, adverse impacts on land and…

Production capacity of a newly established cement factory in Qena governorate, Upper Egypt, will reach 1.5 million tons, the Egyptian Minister of Investment said. Mahmoud Mohieddin said that 30 percent of the factory’s production will be exported.
The remaining 70…

In a major step to encourage the initiation of small and medium-sized enterprises (SMEs) in Egypt, the Ministry of Investment has reduced the minimum capital requirement of limited liability companies from LE 1,000 to LE 200, as reported by media…

Egypt plans to expand the capacity of a pipeline to bring natural gas to Turkey, delaying the link’s opening, as reported by a new Turkish newspaper recently.
The pipeline, which crosses Syria and Jordan, will now start transporting the fuel…

Egypt is well aware that the challenge of pursuing economic development as well as protecting the environment cannot be fully met except through a sustainable energy production system, which largely depends on renewable energy (RE) resources. In April, the Supreme…

The Turkish Finance Minister, Kemal Unakitan, said that Turkey expects her investment in Egypt, especially in Cairo and Alexandria, to increase, jumping from the current figure of approximately $500 million to $2 billion within two years, reported the Turkish TodaysZaman…

At the inauguration of the North Cairo Power Station on October 29, President Hosni Mubarak announced that nuclear power will become an integrated part of the local energy production system, with multiple new nuclear plants to be built, the first…

Iranian Minister of Industries and Mines, Ali-Akbar Mehrabian, has announced that the production line for Peugeot Pars, a sedan made by Iranian automaker Iran Khodro, would soon be launched in Egypt, reported the Iranian News Agency IRNA.
Mehrabian, who arrived in…

More than a month has passed since the cotton crop was harvested, but farmers are complaining that the crop is still piled up high in their houses and barns. The government, following a free market approach to agriculture, announced it…