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Egypt puts on hold Saudi investments
A press statement issued by the kingdom’s Minister of Commerce and Industry, Tawfiq al-Rabiah, brought to light that projects worth more than $1,3 billion have been on the hold in Egypt. This information was revealed ahead of the Saudi-Egyptian Joint Committee meeting to be held in the Saudi Arabia’s capital, Riyadh. Several Saudi Arabian projects […]
Egypt-Russia: IS says tin-can bomb downed Russian Jet
The Islamic State militant group Wednesday opened the lid over how it brought down the Russian plane saying that a “tin-can bomb” was used to down the plane confirming the Russian and Western conclusion of terrorist act. In the latest publication of its propaganda English-version paper Dabiq released Wednesday, the barbaric group showed a picture […]
Egypt: tourism industry revived by land auctions
The revolt that brought an end to Hosni Mubarak’s presidency also prorogued the departure of investors and tourists in Egypt. To regain the 14.5 million visitors that generated 12.5 billion dollars, the actual tourism minister announced that lands will be auctioned for tourist developments. According to him “28 million sq meters will be put on […]



