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Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

World Bank approves $3bn loan for Egypt

By: Reuters     18th December 2015 The World Bank has approved a $3 -illion loan for Egypt, to be disbursed over the next three years, International Cooperation Minister Sahar Nasr said in a statement on Thursday. Nasr said the loan had a maturity of 35 years and carried an annual interest rate of 1.68%. 

Egypt courts investors in bid to escape economic slump

By: Bloomberg     28th September 2012 Egypt will make it “easy” for foreign investors and continue supporting its currency, Prime Minister Hisham Qandil said as he courted companies to help rebuild the nation’s battered economy. “This government is taking all the responsibility and is willing to take the decisions that are needed to... 

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