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February 12 – The American aircraft carrier USS Harry S. Truman collides with a Turkish merchant vessel near Port Said.No injuries are reported. [1]February 17 – Ten people are killed in a building collapse in Kerdasa, Giza Governorate.
The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces lubricants and greases and offers services for oil and gas projects.
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
Egypt could begin transitioning from subsidising essential commodities to providing direct cash assistance to its poorest citizens as early as the next fiscal year (July to June), Prime Minister ...
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Egypt's nuclear route is purely peaceful and fully transparent, but faces technical and financing obstacles. Egypt is a member of the IAEA and has both signed and ratified the Nuclear Nonproliferation Treaty (NPT). [115] On 25 November 2017, Egyptian Parliament approved a draft law aimed at regulating the activities of nuclear power stations. [116]
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