Egypt’s Sisi rushes to form new cabinet after government resigns

Egypt’s Sisi rushes to form new cabinet after government resigns

Special to WorldTribune.com One week after the country’s agriculture minister was arrested on corruption charges, Egyptian President Abdul Fatah Sisi must rebuild his cabinet after the government submitted its resignation. Sisi on Sept. 12 asked Oil Minister Sherif Ismail to form a new cabinet within one week, a statement from the presidency said. Officials told […]

Domestic demand, terrorism cited for 80 percent drop in Egypt gas exports

Domestic demand, terrorism cited for 80 percent drop in Egypt gas exports

Special to WorldTribune.com CAIRO — Egypt, rocked by an Islamist revolt and economic crisis, has been forced to halt most natural gas exports. The government said gas exports declined by more than 80 percent in April 2014 from the previous year. Gas production also dropped by nearly 15 percent in April. A report by the […]

Egypt signs preliminary deal to import Israeli gas

Egypt signs preliminary deal to import Israeli gas

Special to WorldTribune.com CAIRO — Egypt has acknowledged its readiness to import Israeli natural gas. Officials said Egypt was willing to import Israeli gas to ease the Arab nation’s fuel shortage. The officials said such imports must be approved by the Cairo government and enhance the Egyptian economy. On June 30, Israeli offshore gas developers […]