The Egyptian government’s security headquarters in Al-Arish, Northern Sinai, has come under attack of Islamist militants in the region who were armed with mortar bombs and machine guns. Narrating the incident, a security source said the militants were on rooftops of buildings close to the headquarters before they opened fire. He said that it was […]
Tag: Egypt
Washington fears violence over anti-Islam film may spread to U.S.
While protest movements and demonstrations, sometimes violent, are being staged across the Islamic world to denounce the video deemed insulting to Islam’s prophet Mohammed and to Muslims’ beliefs, Washington is fearing this violence may spread to the United States. According to US media, the FBI and the Department of Homeland Security have released a joint […]
US ambassador killed in attack on consulate in Benghazi
The US ambassador to Libya, Christopher Stevens, and three other embassy staff members were killed on Tuesday during an attack on the US consulate in Benghazi, Libyan and US official sources have confirmed. The US ambassador was visiting the Libyan Eastern city, when the US consulate was attacked and burnt down by angry demonstrators who […]
Abraaj Capital and OPIC agree on joint venture
As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]
Egypt: 11 billion dollars for extraction project of natural gas
A recently concluded meeting between Egypt’s president, some government officials and delegates from the British Petroleum on an extraction project of natural gas from a deep water deposit in the Mediterranean basin at a depth of 7,700 meters calls for an investment of billions of dollars. 11 billion dollars will be invested by BP in […]




