News
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Hundreds of coffins to be restored in Egyptian conservation project
The conservation effort, funded by a US grant, will restore more than 600 wooden coffins that date to various eras of ancient Egypt and which are currently stored at the Egyptian Museum in Cairo. “There has been no other project like this worldwide, with this number of coffins being documented or restored,” said head of…
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Moody’s expects economic growth for Egypt by 4% in 2017
Moody’s attributes this potential increase to private consumption and foreign investments which will push forward economic development in Egypt, in a report published on Sunday. The report, which forecasts the economic progress for the Levant and North African countries, also said that the weak government performance, internal challenges, and geopolitics remain a threat to its dominant…
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Belarus to assemble tractors in Egypt’s Alexandria
(eng.belta.by)
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Zohr, Atul, North Alexandria fields to start production this year: Petroleum Ministry
El-Molla added in a statement that starting production in these fields will have a positive impact on increasing the production of gas and reducing the gap between production and domestic consumption in Egypt. Egypt imports petroleum products worth about $700m per month, at a time when the country is suffering from the scarcity of hard…