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News 19 June 2006

Egypt's Technology Minister Announces New Investment Opportunities for American Businesses

On Monday, June 19, 2006 Egypt's Minister of Communications and Information Technology, Dr. Tarek Kamel, will announce new investment opportunities for American businesses at a reception hosted by the Northern Virginia Technology Council and several other organizations.

Dr. Kamel is visiting this region to meet with U.S. business leaders to inform them about Egypt's recent developments in the ICT sector and announce a number of large foreign investment opportunities.

At a reception Monday evening, Paul Laudicina, the Vice President and Managing Director of A.T. Kearney's Global Business Policy Council, will announce the findings of a special report which they conducted on doing business in Egypt. Additionally, Mark McLaughlin, Executive Vice President for VeriSign, will sign an agreement with the Minister to provide a name server for Egypt. The Minister will be accompanied by a delegation of prominent technology leaders from Cairo, including the leadership of EITESAL (Egypt's technology association).

Egypt's leading technology companies currently demonstrate globally competitive corporate capabilities in formation systems; software development design, quality assurance, and maintenance; IP-based contact centers, fax servers, SMS applications, unified communication solutions, Internet/Intranet applications; and single-language localization services in Arabic. Egypt's leading ICT companies are currently doing business around the world and are both service providers and strategic partners with the world's leading ICT companies. Companies including Oracle, IBM, Microsoft, Cisco Systems, Alcatel, and Intel are all significantly investing in Egypt demonstrating their confidence in the Egyptian market.

For its foreign investors, Egypt has built a state-of-the-art technology park, the Smart Village and instituted Investment Law 8, where foreign companies are eligible for tax exemptions of up to 10 years, unrestricted ownership and unlimited profit repatriation. These incentives have enabled Egypt to attract global players such as Oracle to set up the first MENA customer care center and Intel has built its 4th worldwide Platform Definition Center.

The Minister's reception is being hosted Monday, June 19, from 6pm to 8pm at the Hilton McLean by the Northern Virginia Technology Council in partnership with the Fairfax County Economic Development Authority, the Greater Washington Initiative, the Information Technology Association of America, the National-US Arab Chamber of Commerce, and the US-Egypt Friendship Society.


ENI’s investment vital to Egypt’s development

Development of Egypt's natural gas industry, such as investments by Italian company ENI, will be vital for the future of the North African country's economy, Egyptian energy sector expert Magdi Sobhy said.

Sobhy, said that "Egypt is not a 'giant' of the energy sector, but oil and gas can without doubt represent the key element for the country's development."

He further referred to the role which foreign investors play in Egypt's economic growth, in particular energy giant ENI, which is the main international energy operator in the country.

This weekend ENI's CEO, Paolo Scaroni, will be in Egypt to celebrate the 50th anniversary of ENI's first oil extraction in the country.

ENI was the first foreign energy company to operate in Egypt in 1954 and in 2004 its share of the oil and natural gas production in Egypt averaged about 200,000 barrels of oil equivalent per day.

"The long-term presence of important foreign companies has also been crucial to the development of sector-knowledge, technical skills and to the training of specialised personnell, and today Egyptian technicians are among the most seeked," added Sobhy.

ENI was among the 'pioneers' of soil exploration in Egypt and, since the fifties, it has extended its operations to the field of fuels production, natural gas liquefaction and crude oil refinement, as well as the search of new oilfields.

ENI started its business in Egypt thanks to an agreement on soil exploration negotiated in the early fifties by former ENI chairman Enrico Mattei and former Egyptian president Gamal Abd el-Nasser.

The deal represented a total novelty in the oil industry, providing that, should any oilfields be found by ENI, the Egyptian government would have taken part in their management and development.

The first successful on-shore oilwell drilling was in Bala'im, Suez Gulf, in 1955. Subsequently, ENI was the first foreign company to set up a joint-venture with state-owned Egyptian General Petroleum Co. to start off-shore exploration in Egypt in 1961. The collaboration between ENI and the Egyptian national company in the exploration field has continued until present.

A crucial event in ENI's expansion in Egypt was the discovery of the first Egyptian natural gas well in Abu Madi - in the Nile delta - in 1967, which marked the beginning of a new era.

ENI has had positive relations with president Hosni Mubarak's government since he first ascended to presidency in October 1981. Mubarak granted ENI permission to carry out soil exploration in a number of areas, including Port Said - an harbour on the western side of teh Suez channel - where Egypt's main gasfield was found


The Pharaohs' outspoken defender kicks up a dust storm

Zahi Hawass, the man selected to preserve Egypt's magnificent monuments, has never been timid about protecting his nation's heritage.

At a preview of a King Tut display at Chicago's Field Museum last month, Hawass, whose critics call him "the Show-Biz Pharaoh," a "media whore" and "part P.T. Barnum, part Indiana Jones," asked museum officials to remove one of the exhibition's corporate sponsors after learning its chief executive owned a 2,600-year-old Egyptian coffin. "Antiquities should be in museums, not in people's homes," he told those in attendance, referring to John W. Rowe, of Exelon, a Chicago energy company. Rowe immediately offered to send the sarcophagus to the museum on indefinite loan.

Also last month, Hawass gave St. Louis Art Museum director Brent Benjamin a May 15 deadline to return a 3,200-old funerary mask that Hawass says was illegally taken in the early 1990s from a storage facility near the site of its excavation. In April, he fired off a letter to New York Mayor Michael Bloomberg, asking him to return a 71-foot-high Egyptian obelisk in Central Park if he didn't start taking care of it. The pillar, which is in poor condition because of neglect, has been in the park since 1881 -- a gift from the Egyptian government in return for American aid in constructing the Suez Canal. Bloomberg has yet to reply, Hawass says.

Since Hawass became director of Egypt's 34,000-member Supreme Council of Antiquities in 2002, many Egyptologists agree that the feisty 59-year-old archaeologist has done more than anyone yet to bring Egyptian civilization to the world stage, appearing on cable television, writing newspaper articles, traveling the world giving lectures and launching exhibits of Egyptian treasures. Last month, Time magazine named him as one of the planet's "100 most influential people."

"He is the leader of an enormous organization that is faced with many challenges," says Willeke Wendrich, associate professor of Egyptian archaeology at UCLA. "He has taken significant steps to safeguard (Egypt's) cultural heritage."

Hawass is one of the Arab world's most recognized faces. Whether explaining ancient history on the Discovery or History channels or dispelling theories that aliens built the pyramids, the stodgy, silver-haired Hawass has become a familiar figure clad in blue jeans, blue work shirt and Indiana Jones-style hat. A National Geographic explorer-in-residence, he has several discoveries under his belt, including a cemetery for pyramid workmen at Giza and the Valley of the Golden Mummies in Bahariya.

When Hawass dined last year in Los Angeles with fellow Egyptian Omar Sharif -- the star of such epic films as "Lawrence of Arabia" and "Dr. Zhivago" -- a beautiful woman approached their table. Sharif, expecting her to ask for an autograph, rose to greet her. But the woman strode right past him to question Hawass about Egyptian antiquities, according to a friend of both men, who asked not to be named for fear of angering Sharif.

"Zahi was born to be a star," says Nasser Kamel, chairman of Egypt's State Information Service. "He is very flashy."

Hawass' critics, however, say his celebrity has turned him into an autocrat who rules the Supreme Council as if it were his personal fiefdom.

Last year, he allowed the mummy of King Tutankhamen to be removed from its tomb for the first time in 80 years to learn how the boy king died, using state-of-the-art scanning equipment. Computer images determined Tut's appearance. Critics decried the event as more of a media circus than science, and Hawass later docked the pay of a Supreme Council member who criticized the re-creation of Tut's face, disputing the computer image's Caucasian look.

Hawass has also barred foreign scientists who break his rules. In 2003, he banned English archaeologist Joann Fletcher from Egypt after she announced on the Discovery Channel -- without consulting him -- that a previously discovered mummy was Queen Nefertiti, a hypothesis few scholars took seriously. "Nobody crosses Zahi Hawass and gets away with it," the Sunday Times Magazine in London wrote last year.

As Hawass describes it, his zeal is necessary to help modern Egyptians value their heritage. His goal, he says, is for them to "look at the pyramids as a living soul and help me take care of it and protect it."

Hawass, who has a doctorate degree in Egyptology from the University of Pennsylvania, is currently overseeing the construction of more than a dozen museums across Egypt, including what he calls "the world's biggest museum," near the Giza pyramids, that will house all of King Tut's artifacts and 60 percent of objects now found in Cairo's renowned Egyptian Museum. He is pressuring the Egyptian parliament this year to increase the penalty for stealing antiquities from five years to 25 years in prison. He is campaigning to stem the damage of an encroaching population on the nation's archaeological sites, insisting on zoning laws to curb development. The famous pyramids outside Cairo at Giza -- the largest of which is the sole survivor of the Seven Wonders of the World -- now overlook a golf course on one side and a KFC outlet on the other.

"All over Egypt, there are modern towns built over antiquities," says Hawass.

Most recently, Hawass publicly objected to a fatwa, or religious edict, issued by Ali Gomaa, Cairo's Grand Mufti -- the nation's highest official of Islamic law. In April, Ali Gomaa forbade the production and display of ancient sculptures, causing some Egyptians to fear Islamic militants would use the ruling to destroy statues depicting the pharaohs. In interviews last month with visiting U.S. editors, both Hawass and the Grand Mufti said they were now on the same page. "Even though we know statues are forbidden, we would never destroy our pharaonic monuments," says Ali Gomaa.

And even as he has challenged American private collections and museums, Hawass has made Egyptian artifacts more accessible to Americans by successfully lobbying the Egyptian parliament to allow a King Tut exhibit of some 120 objects to tour four U.S. cities between 2005 and 2007. The lawmakers reversed a policy set in the 1980s that confined most of the objects to Egypt, after a scorpion atop a statue of the goddess Selket broke during an international tour in the 1970s. "King Tut and the Golden Age of the Pharaohs" has already been shown in Los Angeles and Fort Lauderdale and began late last month in Chicago and will open in Philadelphia in February.

Hawass has also asked five foreign museums to return Egyptian artifacts. He has singled out: the Rosetta Stone, the tablet in the British Museum that was key to deciphering hieroglyphs; a bust of Queen Nefertiti at the Egyptian Museum in Berlin, which he says Adolf Hitler stopped from being returned to Egypt; a bust of Prince Ankhhaf in the Boston Museum of Fine Arts; a Zodiac taken from a ceiling at Dendera Temple that is in the Louvre in Paris; and a statue of Hemiunnu, the architect of the Great Pyramid, in the Roemer-Pelizaeus Museum in Hildesheim, Germany.

"I am not asking for everything to come back," says Hawass. "I am asking museums not to buy stolen goods at auctions in San Francisco, London and elsewhere. And if they are bought, I'm asking them to send them back."

But most of his wrath these says is saved for St. Louis Art Museum director Benjamin, who he calls "crazy" for not returning a funerary mask after a May 15 deadline. In his defense, Benjamin says Hawass hasn't offered enough proof to convince him that the object the museum bought for $499,000 in 1998 from a Swiss art dealer was stolen. Hawass says he will not only sue Benjamin, but contact the U.S. State Department and the international police organization, Interpol.

"I will," he says, "make his life miserable."


Restoration of Rosetta

The Supreme Council of Antiquities has begun a comprehensive project to restore the mosques , houses and bathhouses of Rosetta and transform the town into an open museum. Rosetta was known as “Rhyt” ( meaning the common people) in pharaonic Egypt, “Rakhit” in Coptic , “ Rashid” in Arabic and was Europeanized to “ Rosetta.”

The ancient buildings include the Rosetta gate, the Abu Shahin mill , the Azuz Bathhouse and several fine houses. The date back to the Mamluk period and the beginning of the Ottoman period.

Meanwhile the Rosetta National Museum and the local centre for traditional handmade crafts will be undergoing renovations. The museum houses a replica of the Rosetta stone, the weapons used to defend Rosetta from occupation are displayes as well as pottery from the Islamic era.

Key archaeological finds in Sinai

An archaeological mission belonging to the Supreme Council of Antiquities (SCA) announced the discovery of 36 tombs dating back to the pre-history era.

Dr. Zahi Hawwas, Secretary-General of SCA said that the mission unearthed the tombs during an archaeological survey in Ain Hadra and Abul Rdeis, central Sinai.

Queen’s mummy arrives in Cairo

The mummy of Queen Hatshepsut, which was brought from Luxor under the supervision of a committee from the Supreme Council of Antiquities (SCA), was discovered in the Valley of Kings at Luxor. The queen's mummy will be transferred to the Egyptian Museum in down- town Cairo .

SCA to take legal action to retrieve mask
Zahi Hawwas, the Secretary General of Egypt's Supreme Council of Antiquities (SCA), said a deadline for a US museum' to turn over an ancient mask in its collection ended Tuesday16/5/2006.
The mask was stolen and smuggled illegally out of the country. At a press conference, Hawwas said Egypt's Attorney General office is to take legal action against the St. Louis Art Museum after having given the museum an ultimatum to hand over the 19th dynasty (1307-1196 BC) mask of ka-nefer-nefer. Egypt will also seek the Interpol's aid to help restore the mummy mask he added.
Egyptologist Zakaria Goneim excavated the mask in the Saqqara area some 25 Kilometers (16 miles) south of Cairo in 1952 and registered the artifact.
It depicts a young woman with inlaid glass eyes and a gold- coated face wearing a wig and holding a wooden amulet in each hand.

Tutankhamen Antiquities Exhibition in US harvest $20M

An exhibition for Tutankhamen monuments was held in the US city of Chicago on May 21, after a tour by the exhibition of a number of European and American cities including the Swiss city of Basel and the German city of Bonn.

The exhibition, which also moved to Los Angeles and Colorado as part of a two-year tour ending late next year, would achieve returns estimated at $ 20 million.

Hawwas said the exhibition returns will be used to renovate Egypt's monuments and establish museums.


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