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Tag Archives: Egypt

Turkey, Egypt, France, Tunisia: Losing Millions of Tourists

The world is a scary place… and several countries are becoming just too frightening for many tourists. Millions of travelers have been nixing their dreams of visiting places like the pyramids in Egypt, the Eiffel Tower in Paris, the Tunisian coast and Istanbul’s Hagia Sophia due to heightened terrorism concerns.  Here …

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Egyptian Official Delegation of Tourism Sphere Visits Georgia

The official delegation of Egyptian tourism sphere, and 13 leading travel companies will visit Georgia on May 18, 2016. Thus, on May 18, 11:00 a.m. concerning the visit the press conference will be held at Cron Palace Hotel. The main purpose of the meeting with the representatives of the media is to …

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Egypt Replaces Turkey in the Russian Market

Cairo has asked Moscow to provide it with the list of banned Turkish goods, saying it is ready to export Egyptian products to Russia. The issue was raised at the meeting between Egyptian Trade Minister Tarek Kabila and his Russian counterpart Denis Manturov, according to Egypt’s Ministry of Trade and …

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Egypt’s President Abdel Fattah al-Sisi Pardons Al Jazeera Journalists

Egypt’s President Abdel Fattah al-Sisi pardoned 100 prisoners including three Al Jazeera television journalists on Wednesday, a day before he plans to head to the annual United Nations summit of world leaders. Canadian Mohamed Fahmy, Egyptian Baher Mohamed and Australian Peter Greste were sentenced to three years in prison in …

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abc: Eni Finds ‘Supergiant’ Natural Gas Field off Egypt

eni-egypt

The Italian energy company Eni SpA announced Sunday it has discovered a “supergiant” natural gas field off Egypt, describing it as the “largest-ever” found in the Mediterranean Sea.   The news came a day after Eni CEO Claudio Descalzi met in Cairo with Egyptian President Abdel-Fattah el-Sissi, the Egyptian leader’s …

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Egyptian Billionaire Takes Majority Stake in Euronews

Media Globe Networks, a company owned by the Sawiris Family and managed by Egyptian billionaire Naguib Sawiris, now holds 53% in Euronews after completing  a €35 million capital increase in the business. The new deal follows several months of exclusive negotiations between Media Globe Networks and Euronews, with the remaining …

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