Category: ECONOMY
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Egyptian Nemat Shafik Becomes First Female Director of London School of Economics
Dr Shafik will leave her role as a deputy governor of the Bank of England in February 2017 to lead the LSE as Director starting from September 2017. In 2015, Dr Shafik was honored by Her Majesty Queen Elizabeth II for her outstanding contributions in her field of work. Originally from the coastal city Alexandria, the world renowned…
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Egypt’s first ever solar-generated electricity plant opening this month
On the 25th of September, the plant is set to open and its launch is expected to save up to 600,000 liters of diesel anually, according to CEO Ahmed Zahran. Additionally, it should also aid in avoiding the emission of 1,620 tonnes of carbon dioxide per year. The plant, which cost approximately EGP 14m to…
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Cypriot Foreign Minister to Asharq Al-Awsat: Riyadh is the Key to the Region
• How was your visit to Egypt last month? It was a very fruitful meeting. I was received by President El-Sisi and the prime minister and we had very friendly, warm talks with the Foreign Minister Sameh Shoukry. I also visited the Arab League and Secretary-General Ahmed Abou Gheit. Let me say first of all…
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Cyprus-Egypt pipe deal opens door for East Med gas
The agreement sets the political framework for additional commercial agreements, Cyprus’ Energy Minister Yiorgos Lakkotrypis and Egypt’s Petroleum Minister Tarek el-Molla said. Asked if this gas will also be exported to Europe and other markets, Constantinos Filis, director of research at Institute of International Relations, told New Europe this depends on the agreements that will be made by the Consortium…