Egypt and Dana Gas have reached an agreement after the fruitful intervention of the United Arab Emirates government. Dana Gas was unwilling to supply Egypt with gas due to the outstanding arrears of $160 million. The two parties reached an agreement on Thursday in a “win-win agreement.” Cairo owns foreign energy firms a sum of […]
Tag: Egypt
Libya: General Haftar sends unmarked jets to bomb Maitiga
The Maitiga airbase, the capitals’ only functioning airport, has come under attack from an unidentified jet which fired two missiles. The airbase was closed for a while after the attack but has reopened without suffering any major damages. The runaway remains intact. Ex-general Khalifa Haftar has claimed that his troops carried out the attack. The […]
Egypt: 28 November, Government versus Salafi Front and Muslim Brotherhood
Egypt is preparing for a new wave of protest after the Salafi Front, an Islamist political organization, announced that it will be holding one under the name of “The Muslim Youth Uprising.” Government institutions are discouraging people from participating in it and the Interior Ministry has not ruled out the use of “live rounds”. The […]
Egypt : Division over parliamentary electoral law
Political parties in Egypt are divided over the draft of the electoral law that will restructure electoral constituencies and the formation of the parliament. The draft is to be endorsed on Wednesday but Minister Ibrahim El-Heneidy of Transitional Justice and House of Representatives Affairs hinted that it could be postponed for a week or two. […]
Libya: Embassies of Egypt & UAE Attacked
A car bomb exploded near the Egyptian embassy in Tripoli on Thursday, causing some damage to the diplomatic building but no injuries or casualties. A bomb was discovered near the embassy of the United Arab Emirates. It failed to explode, according to the Libyan security officials. Most diplomatic missions, foreign and international organisations have been […]
Egypt: World Bank and IMF meet government officials
The World Bank Group and Egypt will be discussing means of improving the country’s investment climate and competitiveness in order to boost economic growth. Anabel Gonzalez, Senior Director of the Trade and Competitiveness Global Practice at the World Bank, will be meeting with government officials as well as representatives of the private sector during her […]
Jordan to Build Three Solar Power Plants
Jordan is planning to build three solar power plants expected to produce 40 MW of much-needed generating capacity from a clean, reliable domestic resource. These projects will enable the country to reduce its dependence on hydrocarbons. Jordan imports over 97 per cent of the energy it consumes, relying disproportionately on natural gas from Egypt and […]
Libya: Benghazi port ablaze, Tripoli calls for elections
Fighting has intensified in Benghazi as the Islamists and Khalifa Haftar’s forces continue to fight for control over the town. Smoke was seen coming from a ship in the port. Amidst the fighting between rival armed groups, Prime Minister Omar al-Hassi of the government based in Tripoli has called for “new elections” to be organized because […]
Egypt: Trade with Ethiopia aimed at $0.5bn
A strong Egyptian delegation, including several ministers, is in Ethiopia for a two-day working visit for the fifth session of the joint Egyptian-Ethiopian committee. The session seems to be focused on reinforcing bilateral and trade ties between the two countries despite their differences over the Renaissance Dam project. The visit is seen by Cairo as […]
MENA : Algeria, Libya and Egypt to replace Gazprom
Plans are underway for Algeria, Libya and Egypt to replace 50% of Russia’s Gazprom natural gas supply to Europe. Italy’s largest utility, Enel SpA, hopes that the development efforts that are ongoing in oil and gas sectors of these North African countries, especially in Algeria, will ease the process. Europe is seeking to reduce its […]









