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  • EBRD is studying financing five feed-in tariff projects in its 2nd phase

    Janet Heckman, managing director for the Southern and Eastern Mediterranean (SEMED) region at the European Bank for Reconstruction and Development (EBRD), said that the bank is currently studying to finance five projects in the second phase of the feed-in tariff projects starting from the second half of this year. Heckman told Daily News Egypt that…

  • Egypt, Russia to finalise contracts for Dabaa nuclear plant within two months

    The government is set to complete the agreement on two contracts with Russia regarding the Dabaa nuclear power plant within two months. The two contracts include provisions on technical support, operation, maintenance, and fuel depots. Government sources said that Egyptian and Russian officials are meeting daily, in presence of the technical advisor for the project,…

  • Greece offers ancient archaeological wonders in exchange for Elgin Marbles

    Greece has called for the return of the so-called Elgin Marbles from the British Museum as a symbolic act in the fight against anti-democratic forces seeking “the dissolution of Europe”. The Athens government, which decided against taking legal action against the UK last year, will instead renew diplomatic efforts with an offer to regularly loan…

  • Gunmen Kill Police in Attack Near Egypt’s Iconic St. Catherine’s Monastery

    Gunmen attacked security forces near St. Catherine’s Monastery in Egypt’s south Sinai on Tuesday, killing at least one police officer and injuring four others, the Health Ministry said, just a week after two deadly church bombings killed 45. Islamic State claimed responsibility for the attack on a police checkpoint about 800 meters (yards) from the…