FINANCE & ECONOMY

24 Jul 2014

Up Close and Personal: 3D Printing Brings Ancient Egypt to Life

Years ago, I visited Berlin and had the privilege of seeing first-hand the bust of Nefertiti, the crown jewel in the collection of the city’s fantastic Egyptian Museum. Being in the same room as such an iconic and recognizable artifact, I was first taken aback by how small and delicate"...

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24 Jul 2014

Egypt Strengthening: Tourism Recovery Is Next?

The Egyptian economy has rebounded at the start of 2014, so has its equities. The Market Vectors Egypt Index ETF (EGPT) advanced 28.2% this year, outpacing the iShares MSCI Frontier 100 ETF (FM)’s 16.9%.


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24 Jul 2014

Egypt Likely to Pay Higher Price for Algerian LNG

Egypt will most likely pay a high price for the Algerian LNG it plans to import to meet domestic demand, reports Wall Street Journal quoting industry officials.


Media reports in June said Algeria has agreed to deliver to Egypt"......

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24 Jul 2014

Delay in imports of gas for electricity threatens the industrial sector in Egypt


Egyptian Natural Gas Holding Company (EGAS) has stopped pumping gas to Misr Fertilizers Production Company (MOPCO), Egyptian Fertilizer Company (EFC), and Egyptian Basic Industries Corporation (EBIC) factories"...

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24 Jul 2014

Romania's grip on Egypt wheat orders loosens

Romania's stranglehold on wheat exports to the top wheat importer loosened amid continued worries over the quality of its harvest, with Black Sea rivals Russia and Ukraine slashing prices to win business.


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24 Jul 2014

Egypt to pay-off all foreign oil firm arrears by 2017

The Egyptian government has planned to pay-off all of its arrears to foreign oil firms by 2017, said a report. Its previous plan was to pay EGP21 billion ($3 billion) out of a total of EGP42 billion by that time, said the Amwal Alghad report. The Ministry of Petroleum is set to pay EGP10.5"...

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24 Jul 2014

eBay Announces Sale of Original Superman Comic, Action Comics #1

Today, eBay announced that the 1938 comic book that introduced Superman to the world, Action Comics #1, will be sold at auction next month. Widely regarded as the “Holy Grail” of comic books, there are believed to be as few as 50 unrestored original copies of Action Comics #1"...

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24 Jul 2014

ZTE and TIM Brasil to Set Up Next-Generation Broadband Innovation Center

ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, announced an agreement with TIM Brasil to jointly set up an Joint-laboratory/Innovation"...

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23 Jul 2014

Egypt confirmed as buying more C295 transports

Airbus Defence & Space used the Farnborough air show to name Egypt as the previously undisclosed customer for eight C295 medium transports ordered earlier this year.


The company last month"......

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23 Jul 2014

Egypt Ministry to deploy Ericsson solution

Egypt's Ministry of Electricity has selected Ericsson to provide end-to-end telecom solutions and services for 180 electricity sites in Upper and Middle Egypt on a turnkey basis. Egypt's Ministry of Electricity will deploy technologically advanced electricity sites in partnership with Ericsson"...

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