Tag: Egypt

  • Alexandria Chamber of Shipping discusses twinning agreement with Greece, Cyprus

    Alexandria Chamber of Shipping discusses twinning agreement with Greece, Cyprus

    Λογότυπο Alexandria Chamber of ShippingThe Alexandria Chamber of Shipping discussed a twinning agreement with the Greek and Cypriot chambers of shipping during the Federation of National Associations of Ship Brokers and Agents (FONASBA) annual meeting in London.

    Chairperson of Alexandria Chamber of Shipping Mohamed Meselhy met with FONASBA president Glen Gordon Findaly on the sidelines of the annual meeting to discuss the challenges in maritime transport and the necessary mechanisms to deal with them.

    Meselhy said that they discussed the supporting mechanisms needed to create healthy competition among operators and maritime agents in markets so as to reduce harmful competition and prevent monopolistic practices among them.

    He told Daily News Egypt that the Egyptian delegation at the meeting discussed with participants ways to attract foreign investment in the fields of storage and shipping.

    Talks with participating delegations focused on the role of navigation in revitalising trade exchange with Egypt and all markets, he added.

    Meselhy said that the Alexandria Shipping Chamber seeks to be present in international forums and participate in the development of operational standards and the latest international maritime laws.

    The chamber’s participation in international forums allows it to promote investment opportunities in the Egyptian market among top operators and international companies.

    FONASBA is one of the largest international organisations that provides a united voice for the world’s chambers of shipping.

    Meselhy explained that the twinning agreement discussions between the Alexandria Chamber of Shipping and the Cypriot and Greek chambers will work to exchange experience and training. This partnership will also activate trade exchange between them in preparation for launching alliances among their respective chambers.

    (Daily News Egypt)

  • Tuthmosis II shrine in Karnak temple ready to open after restoration

    Tuthmosis II shrine in Karnak temple ready to open after restoration

    ΠολιτισμόςThe Centre Franco-Egyptien d’Etude des Temples de Karnak (CFEETK) (French- Egyptian Centre for Karnak Temples Studies) has finally completed the restoration work on the barque shrine of King Tuthmosis III, which was reconstructed in 2010 at the Open Air Museum of Karnak Temple.

    Mahmoud Afifi, the head of the ancient Egyptian Antiquities Section at the Ministry of Antiquities said that after its reconstruction in 2010, the most delicate operation was then conducted which aimed to replace the fragments of the ceiling slab and of a lintel, which were broken in many fragments.  

    French Egyptologist Christophe Thiers, director of the CFEETK, said that this operation, performed manually with the aid of hydraulic jacks and temporary walls has enabled the progressive lifting of the ceiling slab, which weighs 76 tons, on the top of the walls

    The slab was then moved laterally on the walls and has regained its original location. The latest work of cleaning and conservation has been completed — the bark shrine of Thutmosis III is now ready to be opened for visitors at the Open Air Museum of Karnak.

    In antiquity, this limestone barque shrine was built by Thutmosis III in front of the fourth pylon. Subsequently, another barque shrine of Thutmosis IV was built against the one of Thutmosis III. Between 1914 and 1954, several fragments were found in the filling of the third pylon and in front of the ninth pylon.

    (english.ahram.org.eg)

  • Cyprus-Greece “value security” says Egypt’s FM Sameh Shoukry

    Cyprus-Greece “value security” says Egypt’s FM Sameh Shoukry

    ShoukryEgypt’s Foreign Affairs Minister, Sameh Shoukry, told Independent Balkan News Agency on Sunday that the tripartite with Greece and Cyprus shows that the two countries “value security and understand the potential dangers for instability in Egypt.”
    Shoukry was speaking after Cyprus and Egypt signed a landmark deal to transport natural gas from Cyprus’ EEZ to Egypt on August 31.
    Egypt is also due to host the third summit between the three countries next month to discuss other projects agreed upon during the past two summits in Greece and Cyprus.
    “We highly appreciate the efforts that Greece has undertaken in association with Cyprus,” commented Shoukry.
    “At the moment we are concentrating on developing and enhancing the trilateral cooperation,” he added.
    “Now we are entering into a developmental stage where there are specific areas of cooperation and projects we are implementing, and we believe it is important that we maintain our focus and our ability to work together trilaterally to implement them.” 
    Shoukry outlined that the forthcoming summit will see projects concerning tourism, fisheries and olive groves being implemented.
    “We hope that this relationship will continue to flourish. We are looking very closely at natural gas cooperation so that we can take advantage of each other’s competitive edge where it exists,” concluded the Egyptian FM.

    (www.sigmalive.com)

  • Gas Finds in Egypt, Israel and Cyprus Redraw the Mediterranean Energy Map

    Gas Finds in Egypt, Israel and Cyprus Redraw the Mediterranean Energy Map

    ΠολιτικήIn recent years, Egypt, Israel and Cyprus have all discovered huge natural gas fields off their coasts, raising export potential and perhaps the prospects for better political ties in the region through new energy partnerships. At least this is the scenario that the United States is hoping for. Last month, U.S. Secretary of State John Kerry’s envoy on energy affairs, Amos Hochstein, told Bloomberg that “we’re just beginning to open the spigots of what is the potential for the broader region.”
    That is already evident in the improved ties between Israel and Turkey after their June rapprochement, motivated by gas diplomacy. And there is even the possibility of detente between Ankara and Cyprus, since any potential new gas pipeline from Israel to Turkey would need to travel through the island, the north of which has been occupied by Turkey since 1974. Washington, according to Bloomberg, is bullish on the eastern Mediterranean for another reason. “Even as the region struggles with regulatory uncertainty and an abundance of geopolitical risks, the U.S. is seeking to turn it into another corridor for gas supplies to Europe, which is trying to diversify its sources away from Russia.” …

    (www.worldpoliticsreview.com)