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Development of the 44.5 million tonne Abu Dabbab and 98million tonne Nuweibi tantalum-tin projects plus exploration for gold, copper, nickel in Egypt abd Eritrea.

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Egypt's investor-friendly environment continues to attract foreign investment.

Egypt's investor-friendly environment continues to attract foreign investment.

posted on Aug 25, 2009 11:21AM

Clavis

As reflected in the article below, Egypt's investor-friendly environment continues to attract foreign investment.

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Monday August 24, 2009

Financial Times: Egypt ranks first in investment attraction in North Africa

Egypt ranks first in North Africa and second in the African continent in luring foreign investments, said an International Institution of Foreign Investments, an affiliate to the Financial Times.

The Institution said in a report on investment-friendly states, that Egypt topped the list in terms of the increase in the university admission rate along with the human resources and the number of international schools compared with other African countries.

Rwanda , Ghana and Malawi are on the top of the list in terms of the low costs in wages and production, the report said.

The report, which included 59 African countries, mainly depended on a number of key indicators that comprised the economic capabilities of the country, infrastructure, human resources as well as efforts to lure investments.

Moreover, the Financial Times report pointed that Egypt was appraised highly in all indicators of estimates notably university admission proportions, the volume of human resources and the number of international schools.

The Financial Times enlisted Morocco in the third class on the African continent's level.

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You may be interested in visiting the Egypt State Information Service which provides a comprehensive overview of Egypt in Arabic, French and English languages.

Regards
Jack Telford
Director, CEO
Gippsland Limited
www.gippslandltd.com

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