FINANCE & ECONOMY

27 Apr 2017

Cairo suburbs give joggers pollution-free space to exercise

Every Friday, Bassem Hassan, an accountant, makes sure he is on the street just at the day-break. The 28-year-old Egyptian joins dozens of others in running on the circular sidewalk of a spacious park in"...

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27 Apr 2017

Investment minister participates in W20 summit in Berlin

Investment and International Cooperation Minister Sahar Nasr took part in the Women 20 (W20) summit in Berlin.

The summit was attended by German Chancellor Angela Merkel, Assistant to US President Donald Trump"...

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27 Apr 2017

Egypt seeks advisers for IPO program aimed at boosting revenue

Egyptian authorities are in talks with local and international investment banks to advise the government on selling stakes in state-run companies on the stock exchange, a senior official said.

The plan focuses"...

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27 Apr 2017

Egypt suspends fish exports to lower local prices

Egypt has halted fish exports after a surge in sales to foreign markets following last November's currency devaluation led to supply shortages locally and a spike in domestic prices, President Abdel Fattah al-Sisi said.

Sisi"...

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27 Apr 2017

Trademarks granted by Egyptian Trademarks Office reached 5,294 in 2016: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued a press release on the occasion of the “world intellectual property day”, which is celebrated on 26th April every year. The celebration was adopted by the Word Intellectual Property Organization (WIPO)"...

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27 Apr 2017

Seklam aims for 25% more sales in 2017

Seklam for Dairy Industries, a subsidiary of Al Mansour Group, aims to increase sales by 25% this year. General manager of the company, Alaa Al-Wakil, said that sales dropped by 25% in the first quarter of 2017.

However,"...

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27 Apr 2017

Egypt hopes gold city will revive industry, lure investments

Egypt is developing a major gold mining city in the Suez Canal with the hopes of boosting a centurieslong industry and luring billions of dollars in foreign investments. “The city will put Egypt on the world gold map and will make a breakthrough in the country’s gold mining industry,” Wael Soliman, the spokesman for the city project, told the press. He added that the city would also be Africa’s major and only gateway where manufacturers can trade in and export gold. The gold city, according to Soliman, will be the......

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27 Apr 2017

Rockhopper Exploration commences Abu Sennan drilling campaign in Egypt

Rockhopper Exploration, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, has announced the commencement of the 2017 drilling"...

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27 Apr 2017

Second Sudanese journalist barred from entering Egypt

A second Sudanese journalist has been barred from entering Egypt and ordered to leave Cairo despite having valid entry documents, the Sudan Tribune reported.

Journalist Iman Kamaladeen, from the Sudani newspaper,"...

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27 Apr 2017

Egypt seeks advisers for IPO programme aimed at boosting revenue

Egyptian authorities are in talks with local and international investment banks to advise the government on selling stakes in state-run companies on the stock exchange, a senior official said.

The plan focuses"...

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