| Centurion Third-Quarter Profit Rose on Higher Output From Egypt | | Posted Monday, November 13, 2006 11:40:49 AM by Blog57 Team | | Nov. 13 (Bloomberg) -- Centurion Energy International Inc., a Canadian oil and gas company that's being bought by Dana Gas PJSC, said third-quarter profit almost doubled after output from Egypt rose. Net income in the quarter was C$12.6 million ($11.3 million), or 14 cents a share, compared with C$7.6 million, or 8 cents, in the same quarter last year, Calgary-based Centurion said in a Regulatory News Service statement today. Dana Gas, an energy company based in the United Arab Emirates, agreed yesterday to buy Centurion for C$1.15 billion. Centurion, whose shares are listed in Canada, the U.S., London and Germany, has exploration assets in Egypt, Tunisia and West Africa. To contact the reporter on this story: Kathrine Jebsen Moore in Edinburgh at kjebsenmoore@bloomberg.net .... | |
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| | | No problems in financing or getting Egypt nuclear fuel | | Posted Wednesday, October 25, 2006 11:13:28 AM by Blog57 Team | | Egypt's Minister of Electricity and Energy Hassan Younis, said Egypt is prepared to launch an ambitious program for generating electricity from nuclear energy. He said Egypt is in need of a big program including a bigger number than the eight stations the ancient program was including when it was suspended in the 1980s, of the past century. In press statements, Younis said all files of the station project are available, adding that each file will be opened in time. He said Egypt's nuclear energy scientists abroad would assist the Egyptian program. The minister said the needs of the succeeding generation from energy will be discussed by the Supreme Council of Energy in the upcoming stage in line with President Mubarak's vision. The minister of electricity said no country has the right to object to Egypt's peaceful nuclear energy, adding that the rejection by any state is ruled out as our program is clear cut and transparent and it is certified by the international community and the International Atomic Energy Agency (IAEA).... | |
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| | | Egypt concerned over recent escalation of Somali conflict -- Abul ... | | Posted Monday, October 23, 2006 1:05:33 PM by Blog57 Team | | CAIRO, Oct 22 (KUNA) -- Egyptian Foreign Minister Ahmad Abu Al-Gheit expressed on Sunday his country's concern over the recent developments in Somalia and the attempts of warring parties to control more positions by force. In a press release after meeting special envoy of U.N. secretary general Francois Fall, Abul-Gheit called on the Somali government and the Union of Islamic Courts (UIC) to heed to the language of dialogue, rather than force, and implement the agreed-upon accords in the recent Khartoum round of talks particularly refraining from use of force. The minister told Fall Egypt was very interested in the continuation of Arab League-sponsored dialogue between the Somali interim government and the UIC. Egypt participated in the dialogue since its very beginning, Abul-Gheit added, highlighting the responsibility of all international and regional players to support the Somali peace talks.... | |
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| | | SAfrica to play Egypt at Griffin Park in London | | Posted Monday, October 16, 2006 11:04:45 PM by Blog57 Team | | JOHANNESBURG, Oct 16 (Reuters) - South Africa's friendly international against Egypt on Nov. 15 has been fixed for Brentford's Griffin Park, the South African Football Association said on Monday. The ground in the west of the capital has a capacity of almost 13,000, although division Brentford average around half that for their third division games. The friendly will be the second time South Africa have played in London. They lost 1-0 to Australia in a friendly at Loftus Road in March 2004. .... | |
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| | | Nations Cup holders Egypt held 0-0 by Botswana | | Posted Saturday, October 07, 2006 11:08:15 PM by Blog57 Team | | LUSAKA, Oct 7 (Reuters) - Holders Egypt were held to a surprise 0-0 draw by hosts Botswana in their African Nations Cup qualifier in Gaborone on Saturday. Egypt created few chances in the Group Two match despite having Tottenham Hotspur striker Mido back in the side. Mido had two opportunities to break the deadlock while Mohamed Zidane shot wide with only the goalkeeper to beat in the second half. Hossam Abd Rabou was also denied twice as Egypt stepped up the pressure in the later stages. Egypt have four points from two matches while Botswana, coached by Englishman Colwyn Rowe, have one point. Burundi host Mauritania in the same group on Sunday. .... | |
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| | | Egypt blames Darfur rebels | | Posted Friday, September 29, 2006 3:07:19 PM by Blog57 Team | | CAIRO: Egypt yesterday blamed the Darfur rebels for insecurity in the vast region of western Sudan and said any agreement on implementing a UN Security Council resolution should take into account Khartoum's reservations. Egyptian Foreign Minister Ahmed Aboul Gheit said in a statement that the principal culprits were the rebel groups who refused to sign a peace agreement for Darfur in May. "The parties which did not sign the agreement (are) those primarily responsible for the current deterioration of the security situation," the Foreign Ministry statement said. The only signatories were the Sudanese government and one faction of the rebel Sudan Liberation Movement, which took up arms in 2003 to demand a greater share of power for Darfur. Other rebel groups said the deal was inadequate.... | |
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| | | Egypt: EOHR Releases 2005 Annual Report On Freedoms Situation | | Posted Wednesday, September 20, 2006 7:17:54 AM by Blog57 Team | | EOHR will hold a press conference on 21 September 2006 to announce the release of its 2005 Annual Report, which documents the human rights and basic freedoms situation in Egypt throughout 2005. The EOHR Annual Report is one of the organisation's most important releases, as it gives a general view of the human rights situation over a year based on information collected by EOHR. The report documents violations relating to different aspects of human rights. In the case of civil and political rights, EOHR's Fieldwork Unit monitored and documented violations that fall under this category, such as violations of the right to life, freedom and personal rights; the right to form political parties, associations and syndicates; the rights to freedom of opinion and expression, peaceful assembly, and political participation; the rights to a fair trial and, for prisoners, to fair treatment.... | |
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| | | 2006 Foreign Invest In Egypt Seen Rising To $7.5 Billion -Min | | Posted Sunday, September 10, 2006 5:07:41 PM by Blog57 Team | | BEIJING -(Dow Jones)- Egypt expects to get $7.5 billion in foreign direct investment this year, almost double last year's figure, and $10 billion next year, said Egypt's Minister of Trade and Industry, Rachid Mohamed Rachid. The forecast for this year is higher than what Egypt's Investment Minister Mahmoud Mohieldin gave in March, when he said FDI into Egypt would likely grow 15% to 20% this year from the $3.9 billion seen in 2005. Such growth comes after Egypt introduced a broad package of reforms in 2005, including slashing corporate taxes by half, cutting import tariffs by 40% and pushing through a major privatization program. Meanwhile, Chinese investment in Egypt will likely reach about $700 million over the next 18 months, said Rachid during the China Business Summit organized in Beijing by the World Economic Forum.... | |
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| | | Egypt braced for al-Qaeda attacks | | Posted Saturday, September 02, 2006 11:05:03 PM by Blog57 Team | | Five alleged al-Qaeda members who entered Egypt with forged passports and are currently hiding in a mountainous area in the Sinai Peninsula, are plotting terrorist attacks, Egyptian authorities say. The southern part of Egypt's Sinai peninsula has been on high security alert since Wednesday after Israel warned its citizens of imminent terror attacks. Hundreds of Israeli tourists started leaving the Sinai through the Taba border crossing after instructions from Israeli authorities not to travel to the popular vacation destination. Colonel Wagdi Ramzy from the interior ministry official said on Friday that the authorities had provided photocopies of forged passports of the five suspected militants to all security checkpoints at the entrances to south Sinai resorts.... | |
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| | | Czech Republic flooded by asylum seekers from Egypt | | Posted Wednesday, August 30, 2006 5:32:17 PM by Blog57 Team | | Prague, Aug 29 (CTK) - The Czech Republic is flooded by migrants from Egypt who are seeking asylum in the country, the daily Pravo writes today. More than 300 Egyptians have arrived in the Czech Republic in July and August, while in January only one case of Egyptian citizen seeking asylum in the Czech Republic was registered by the Interior Ministry asylum and migration policy department, the paper says. According to department director Tomas Haisman, the increase is caused by the wish of most of Egyptians to get to Italy via the Czech Republic. Italy is fighting against an influx of migrants. According to the information published by the Italian Interior Ministry, more than 10,000 migrants were intercepted by the Italian Coast Guard only from the beginning of this year till the end of July, Pravo writes.... | |
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