Egypt News and Analysis
News
Egypt’s foreign currency reserves remain under pressure
Qatar deposits $3bn in Egypt’s central bank
Mashreq Petroleum signs $430m Egypt bunkering deal
Bunkering deal gives Mashreq Petroleum 25-year concession for 800,000 tonne facility at Port Said
Dana Gas revenues drop 20 per cent on Kurdistan outage
Gross revenue declined to AED557m from AED700m in the same period last year
Hill International wins more work in Egypt
Contracts involve operations and maintenance services on museum and embassy
Arinc on target to complete Egypt airports contract
Technology firm also secures new deal in Libya
Egypt signs financing deal for sugar project
New facility will produce 500,000 tonnes a year
Egypt aims to boost tourism industry
Egypt’s tourism minister wants to rebuild confidence in country
Investment in electricity is critical for Africa
Power investment will drive infrastructure development in Africa
Libya agrees to export oil to Egypt
A total of $1.2bn-worth of crude will be shipped on an interest-free credit basis
Irish and Italian consortium wins Egyptian gas exploration block
Egypt’s North Thekah and South Idku blocks awarded to consortium
Egypt’s justice minister resigns
Justice minister resignation follows Muslim Brotherhood-supported street protests
Egypt’s Mubarak sent back to prison
Mubarak retrial to begin on 11 May
Saipem awarded contract on subsea gas facilities in Egypt
Italian company wins work on West Delta Deep Marine concession for Burullus Gas Company
Egypt invites bids for solar project management deal
Work will involve assisting renewable power authority on 100MW solar plant
Qatar support for Egypt raises investor confidence
Investor confidence rises in Egypt, but start of Mubarak retrial could provoke uncertainty
EU foreign policy chief warns Egypt's Mursi over renewed violence
Cairo talks come as Egypt struggles to meet terms of IMF loan
France’s Thales selected for signalling works on Egypt railway
Contract covers Cairo-Alexandria line
Egypt secures financial aid from Qatar
Financing could strengthen country’s IMF bid
Egypt resumes IMF talks
Egyptian government must carry out key economic reforms
EFG Hermes revenues up 8 per cent
Egyptian firm EFG Hermes was sole adviser to Orascom demerger
Analysis
Suez Cement: MEED Assessment
Demand was affected after several construction and infrastructure projects were put on hold in Egypt
Interview: Hisham Zaazou, Minister of Tourism, Egypt
Hisham Zaazou discusses post-revolutionary Egypt’s strategy to revitalise its battered tourism industry
Fuel subsidy reform risks further unrest in Egypt
Cairo to cut back on subsidies that threaten to bankrupt the government and its state oil company
Bruno Carre
Bruno Carre is managing director, Suez Cement Company
Giorgio Bodo
Giorgio Bodo is chief executive officer, ASEC Cement
Middle East cement
Six figures overseeing the development of cement plants in the region: Jamal Shamis al-Hooti, Jose Maria Magrina, Mohammed Ahmed al-Dheeb, Giorgio Bodo, Bruno Carre and Mustafa Gorgunel
Inflation risks social unrest
Oil exporters will increase subsidises to contain inflation, but other governments are likely to struggle
Egypt's economy
A look at Egypt’s economic data
Cairo no closer to IMF deal
Delays in concluding an IMF agreement have exacted a heavy toll on Egypt’s economy. The government is now keen to conclude a deal and send an important signal to private investors
Comment
Cairo faces a tough choice
Egypt needs the IMF bailout to balance its payments, but the price of subsidy reform is one that the people may be loath to pay
Islamic hopes for plugging deficit
Analysts say Egypt’s sukuk issuance is unlikely to be a cure-all for the country’s current economic plight
Daruit scheme is critical to Egypt
Cairo must press ahead with key infrastructure projects regardless of the current political turmoil
Doha shores up Egypt’s finances
Qatar is serious in building ties with Egypt’s leadership, but it is helping the country put off economic reform
Urgent need for political unity
Mursi needs to build a consensus to reverse Egypt’s slide into instability
Unrest cripples Egypt’s industry
The industrial projects market has ground to a halt as foreign investors continue to stay away
