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Thursday, September 02, 2010 22:51 GMT

Top News of Egypt

Egyptian Billionaire to Build Swiss Resort

An Egyptian billionaire with a penchant for risk is transforming a sleepy Swiss village into a ritzy resort that may one day rival Verbier. Samih Sawiris’s Orascom Development Holding AG plans to spend about US$1.5 billion in Andermatt to build deluxe hotels and a golf course on a former Nazi supply route. His plans will double the number of ski slopes and revitalize an Alpine town at the base of Gemsstock mountain between Milan and Zurich that lost a fifth of its residents in the past decade....More


published:01/09/2010 09:13 GMT

Latest Oil and Gas News

Egypt Announces New Oil Discovery 30/08/2010 09:12 GMT
BP Tags KBR for West Nile Delta Development in Egypt 28/08/2010 06:58 GMT
Egypt to Boost Oil Refining Industry 26/08/2010 09:07 GMT
'Egypt May Buy Back Gas from Israel' 25/08/2010 09:53 GMT
Egyption ERC Gets Loan 23/08/2010 06:09 GMT
Oil Cooperation between Egypt & Iraq to Enhance 21/08/2010 09:08 GMT
Apache Extends Drilling Success in Egypt 19/08/2010 09:19 GMT
ITFC Finances Major Oil & Gas Projects in Egypt 17/08/2010 08:56 GMT
Egypt's Oil Reserves Rise in 2009-2010 15/08/2010 06:27 GMT
Egyption Maridive Q2 Profit 15/08/2010 04:16 GMT
EGAS Acquires 80% of Egypt Gas Company 11/08/2010 09:16 GMT
Circle Oil Performs Production Test in Egypt 10/08/2010 09:00 GMT
Oil Cooperation between Egypt & Iraq 10/08/2010 08:43 GMT
Egypt's Citadel Gets Refinery Investment 10/08/2010 05:42 GMT
Yemeni Egyptian Committee for Oil Cooperation 09/08/2010 08:47 GMT
Egypt to Amend 7 Petroleum Agreements 08/08/2010 09:24 GMT
Kuwait Foreign Petroleum Exploration Company in Egypt Deal 07/08/2010 09:06 GMT
Egypt to Increase Investments in Oil Projects 04/08/2010 09:17 GMT
Oil Production Begun from Arcadia Field in Egypt 04/08/2010 08:22 GMT
Egyptian Financial Supervisory Authority Approves Gas Turnover 02/08/2010 09:55 GMT

Latest Business and Economic News

Egypt to Rehabilitate Nile Water Gauge Stations in Sudan 01/09/2010 09:35 GMT
Egyptian Billionaire to Build Swiss Resort 01/09/2010 09:13 GMT
Egypt's Orascom Profit Increased 31/08/2010 07:15 GMT
Latest on Egypt's Liquidity 29/08/2010 09:04 GMT
Egyptian Investment Co. Buys 51% of a Kenyan Co. 29/08/2010 08:31 GMT
Egypt Encouraging Private Sector Investment in Agriculture 28/08/2010 09:05 GMT
Egypt's Ezz Steel Q2 Net Profit Hikes 28/08/2010 05:17 GMT
Egyptian SODIC Posts H1 Net Profit 28/08/2010 05:13 GMT
Euromoney Egypt to Tackle Key Issues 28/08/2010 04:57 GMT
Egypt Confirms 1st Nuclear Plant Location 26/08/2010 07:03 GMT
Egypt and Libya Plan Housing Venture 26/08/2010 05:59 GMT
Increase in Egyptian Exports to Malaysia 25/08/2010 08:49 GMT
UK and Egypt to Invest in Iraq 25/08/2010 07:40 GMT
Egypt to Issue New Cement Licences 24/08/2010 05:53 GMT
Egyptian Exports to Brazil 23/08/2010 08:21 GMT
Arab Economic Summit in Cairo 22/08/2010 08:36 GMT
Egyptian El Sewedy Cables to Build Wind Power Plant 21/08/2010 09:34 GMT
Non-Oil Egyptian Exports Increase 19/08/2010 09:42 GMT
Increase in Trade Volume between Egypt and USA 17/08/2010 08:58 GMT
Sudanese Economic Delegation to Visit Egypt 16/08/2010 08:33 GMT

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