EGYPT

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Egypt's Orascom Telecom appeals Algerian tax charge

Egypt's Orascom Telecom (ORTE.CA) (ORTEq.L) said on Monday its Algerian unit had paid about $120 million against back taxes Algeria says it owes, but that it had filed an appeal and hoped to recover the amount.

Egypt's Orascom Telecom says Link sale on hold

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Egypt's Orascom Telecom (ORTE.CA) (ORTEq.L) said on Monday it had suspended talks on the sale of its internet subsdiary LINKdotNet until it resolves a dispute with France Telecom FTA.PA.

South Korea wins landmark Gulf nuclear power deal

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A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favored U.S. and French rivals to one of the Middle East's biggest ever energy contracts.
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S.Korea wins Gulf nuclear power deal

A South Korean group won a landmark deal to build and operate four nuclear reactors for the United Arab Emirates, beating more favoured U.S. and French rivals to one of the Middle East's biggest ever energy contracts.
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Egypt Muslim Brotherhood declares results of vote

Egypt's main opposition group, the Muslim Brotherhood, announced results on Monday of a controversial election for its governing body, with analysts saying the group's old guard won the bulk of seats.
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Telecom Egypt to seek mobile service - report

Egypt's fixed-line monopoly Telecom Egypt (ETEL.CA) (ETELq.L) will need to provide mobile services to compensate for declining landline subscriptions, a company executive was quoted on Monday as saying.
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Brazil's CSN bids $5.6 billion for Portugal's Cimpor

Brazil's CSN (CSNA3.SA) (SID.N) offered on Friday to buy Portuguese cement producer Cimpor (CPR.LS) for 3.86 billion euros ($5.6 billion) as the steelmaker slowly diversifies from its core business outside its home base.
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DIARY - Egypt/Sudan - Dec 16

This diary is updated daily. New listings or amendments are marked *. All events/times provisional and in GMT (local time is GMT +2 for Egypt and Sudan).
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OPEC opposes carbon taxes: Algeria oil minister

Carbon taxes discriminate against energy producing states so OPEC members oppose them, Algeria's energy minister said, adding his country was wary of European plans for huge solar power investment in North Africa.
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EU woos emerging nations for climate alliance

European leaders are courting some African, Asian and Latin American nations to counter the clout of China and the United States at the climate change talks in Copenhagen, French officials said.
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Egypt working on $1 bln plan to boost broadband

Egypt is working on a $1 billion plan that will include increasing broadband penetration fourfold in the next four years to 4 million households, Communications Minister Tarek Kamel said on Tuesday.
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Orascom Telecom opposes Mobinil deal approval

Egypt's Orascom Telecom (ORTE.CA) said it rejected regulator support for a France Telecom (FT) (FTE.PA) bid for shared asset Mobinil, which would net Orascom more than $1.6 billion but see it exit its home turf.
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Egypt telecom regulator delays bid deadline

Egypt's telecom regulator has delayed by two months the deadline for bids for two restricted licences to supply cable, voice and Internet services, its head said on Thursday.
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Egypt reported working on Gaza border wall

Egyptian earth-moving machinery was at work on the Gaza Strip border on Wednesday and an Israeli newspaper said a project was under way to build a subterranean metal wall to block Palestinian smuggling tunnels.
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Egypt eyes solar power exports, costs too high now

Egypt, which plans to start its first solar power unit in 2010, said on Tuesday it wanted to expand solar power production for export but that costs of the technology would need to fall first to make it feasible.
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New Japanese chief takes over IAEA

The new chief of the International Atomic Energy Agency (IAEA), Japanese diplomat Yukiya Amano, took office on Tuesday, replacing Egyptian diplomat Mohamed el Baradei who has been serving the agency for 12 years.
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Israeli minister optimistic on prisoner swap deal

An Israeli cabinet minister said on Friday he was optimistic about prospects for a prisoner swap with Palestinians for captured soldier Gilad Shalit, suggesting that talks were still alive to achieve a deal.
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IAEA votes to censure Iran over nuclear cover-up

U.N. nuclear watchdog governors voted on Friday to rebuke Iran for building a uranium enrichment plant in secret but Tehran dismissed the move as intimidation which would poison its negotiations with world powers.
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China expert warns of pandemic flu mutation

China must be alert to any mutation or changes in the behavior of the H1N1 swine flu virus because the far deadlier H5N1 bird flu virus is endemic in the country, a leading Chinese disease expert said.
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Israel-Hamas prisoner swap deal near

Israel has softened its terms for a prisoner swap with Hamas and the two are nearing a deal to exchange hundreds of jailed Palestinians for an Israeli soldier held in the Gaza Strip, officials said on Monday.

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