Tag: Egypt
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Grand Egyptian Museum construction to be completed by the end of 2016
The ministry aims to have the museum partially-opened by mid-2017, keeping in mind several suggestions to increase its resources. According to dailynewsegypt.com, the Minister of Antiquities, Khaled El-Anany has discussed new sources of revenue for the ministry, such as offering package ticket deals to tourists, which include several archeological sites at discounted rates. El-Anany also mentioned that the…
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Egypt Government Approves Five Oil And Gas Exploration Deals
Once an energy exporter, Egypt has turned into a net importer because of declining oil and gas production and increasing consumption. It is trying to speed up production at recent discoveries to fill its energy gap as soon as possible. Four of the deals are offshore Mediterranean gas exploration and drilling agreements between Egypt’s state…
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Prime minister, foreign minister meet with Cypriot foreign affairs minister
During the meeting, Ismail pointed out the depth of Egyptian-Cypriot relations, confirming that recently these have developed significantly through enhancements in joint cooperation between both countries. The prime minister stressed the necessity of supporting and advancing cooperation between both countries, especially in energy discovery and natural gas extraction fields, which were at the forefront of…