EGYPT

IBTimes Logo

Brazil's CSN bids $5.6 billion for Portugal's Cimpor

Brazil's CSN (CSNA3.SA) (SID.N) offered on Friday to buy Portuguese cement producer Cimpor (CPR.LS) for 3.86 billion euros ($5.6 billion) as the steelmaker slowly diversifies from its core business outside its home base.

DIARY - Egypt/Sudan - Dec 16

IBTimes Logo
This diary is updated daily. New listings or amendments are marked *. All events/times provisional and in GMT (local time is GMT +2 for Egypt and Sudan).
IBTimes Logo

OPEC opposes carbon taxes: Algeria oil minister

Carbon taxes discriminate against energy producing states so OPEC members oppose them, Algeria's energy minister said, adding his country was wary of European plans for huge solar power investment in North Africa.
More news
IBTimes Logo

Egypt telecom regulator delays bid deadline

Egypt's telecom regulator has delayed by two months the deadline for bids for two restricted licences to supply cable, voice and Internet services, its head said on Thursday.
IBTimes Logo

Egypt reported working on Gaza border wall

Egyptian earth-moving machinery was at work on the Gaza Strip border on Wednesday and an Israeli newspaper said a project was under way to build a subterranean metal wall to block Palestinian smuggling tunnels.
IBTimes Logo

Egypt eyes solar power exports, costs too high now

Egypt, which plans to start its first solar power unit in 2010, said on Tuesday it wanted to expand solar power production for export but that costs of the technology would need to fall first to make it feasible.
IBTimes Logo

New Japanese chief takes over IAEA

The new chief of the International Atomic Energy Agency (IAEA), Japanese diplomat Yukiya Amano, took office on Tuesday, replacing Egyptian diplomat Mohamed el Baradei who has been serving the agency for 12 years.
IBTimes Logo

Israeli minister optimistic on prisoner swap deal

An Israeli cabinet minister said on Friday he was optimistic about prospects for a prisoner swap with Palestinians for captured soldier Gilad Shalit, suggesting that talks were still alive to achieve a deal.
IBTimes Logo

IAEA votes to censure Iran over nuclear cover-up

U.N. nuclear watchdog governors voted on Friday to rebuke Iran for building a uranium enrichment plant in secret but Tehran dismissed the move as intimidation which would poison its negotiations with world powers.
IBTimes Logo

China expert warns of pandemic flu mutation

China must be alert to any mutation or changes in the behavior of the H1N1 swine flu virus because the far deadlier H5N1 bird flu virus is endemic in the country, a leading Chinese disease expert said.
IBTimes Logo

Israel-Hamas prisoner swap deal near

Israel has softened its terms for a prisoner swap with Hamas and the two are nearing a deal to exchange hundreds of jailed Palestinians for an Israeli soldier held in the Gaza Strip, officials said on Monday.
IBTimes Logo

Melrose raises 2009 production forecast

Melrose Resources Plc said its third-quarter production rose about 25 percent, driven partly by strong performance from its Egyptian fields, and raised its working interest production forecast for 2009.
IBTimes Logo

Italy convicts former CIA agents in rendition trial

An Italian judge sentenced 23 Americans to up to eight years in prison on Wednesday for the abduction of a Muslim cleric, in a symbolic condemnation of the CIA rendition flights used by the former U.S. government.
IBTimes Logo

Israel says seized big Hezbollah-bound arms ship

Israeli naval commandos seized a ship carrying hundreds of tons of Iranian-supplied arms, including rockets that can hit Israeli cities, to Lebanon's Hezbollah group, Israeli officials said on Wednesday.
IBTimes Logo

Clinton says Israel settlement activity illegitimate

U.S. Secretary of State Hillary Clinton said on Wednesday that Washington does not accept Israeli settlement activity as legitimate but believes that resuming peace talks is the quickest way to achieve a freeze.
IBTimes Logo

Italy convicts former CIA agents in renditions trial

An Italian judge sentenced 23 former CIA agents to up to eight years in prison Wednesday for the abduction of a Muslim cleric in a symbolic ruling against rendition flights used by the former U.S. government.
IBTimes Logo

China's Africa goals more than just natural resources

Barely a month goes by without some new energy or mineral deal being struck between China and an African nation. These deals have transfixed the West, but China gets far more from the relationship than raw resources.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.