Author: Athanasios Koutoupas
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Culture capital celebrations get underway in Paphos
A number of free events are being held in Paphos over the weekend to mark the occasion. Excitement is mounting in the town and the buoyant mood was further lifted by a superb performance from the Aarhus Jazz Orchestra at Kennedy Square in the heart of Paphos old town which was scheduled to start at…
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Egyptian army chief of staff discusses military cooperation with Greece’s navy chief
Egyptian army spokesman Tamer El-Rifaei said that the talks involved several issues of common interest, including an exchange of viewpoints towards developments taking place in the MENA region and their impact on the regional and international arenas. Hejazi affirmed the depth of the ongoing partnership and cooperation between the Egyptian and Greek armed forces to…
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Egypt sets up new fund to revive tourism industry
The new fund, which was announced by the Central Bank of Egypt (CBE) on Dec. 26, would finance maintenance and upgrades at hotels, tourist resorts and other tourism facilities with an interest rate of 10%. The CBE also decided to extend the grace period for tourism investors to pay their debts until 2018. Funds would…
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On Cue With Elon Musk, A Solar Power Company Blooms In The Egyptian Desert
Smart entrepreneurs will get ahead of that curve. In Cairo, I met the CEO and chief architect of a company, Karm Solar, that has been in the forefront of solar since 2011 — back when solar was in the doldrums. I first read about Karm Solar in Startup Rising, a book by U.S.-based venture investor Christopher…