FINANCE & ECONOMY

30 Jan 2015

Pershing Square Holdings, Ltd. Provides Annual Investor Update and Releases Regular Weekly Net Asset Value as of 27 January 2015

Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) posted today its Annual Investor Update on its website, www.pershingsquareholdings.com.

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29 Jan 2015

Government encourages Luxor, Aswan trips to promote domestic tourism

The Ministry of Tourism has launched promotional campaigns to encourage trips to Luxor and Aswan in order to boost domestic tourism, according to Ahmed Moustafa, the manager of the Egyptian Tourism Authority’s Red Sea office.


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29 Jan 2015

Egypt Air first in Africa granted green light to apply “Fast Travel” programme

Egypt Air has become the first airlines in Africa to be granted the green light for the application of the “Fast Travel” programme, accredited by the International Air Transport Association (IATA).


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29 Jan 2015

Hilton to open new hotel in Alexandria

Hilton Worldwide Hotels in Egypt has enjoyed a fruitful year in 2014, according to Christian Muhr, vice president of operations of Egypt and Levant for Hilton Worldwide.


Muhr said the hotel chain enjoyed increased performance indicators & accolades from a number of government and international institutions.

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29 Jan 2015

Memorandum signed for storage, distribution of food products in Egypt

Minister of Supply Khaled Hanafy signed a memorandum of understanding with John Baird, Canadian Minister of Foreign Affairs, Trade and Development to increase cooperation in areas of supply, storage and distribution of food products in Egypt.


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29 Jan 2015

Egypt’s cotton industry proposal receives mixed response

Is this a clean sheet for the Egyptian cotton industry or just more dirty laundry? Weeks after farmers claimed subsidy cuts would make their work untenable, Egypt’s agriculture ministry has announced emergency plans that have been presented as a revival of the country’s world-famous cotton business.


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29 Jan 2015

Egypt’s SFD to sign Financing Deal with UN’s IFAD next February

Egypt’s Social Fund for Development (SFD) will reach next month an agreement with UN’s International Fund for Agricultural Development (IFAD) to support Egyptian agricultural projects.


Signing"...

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29 Jan 2015

Egypt: Tahrir Square Opened to Traffic

Cairo's Tahrir Square was opened to traffic on Wednesday after being temporarily closed following the dismantling of an explosive device nearby, an eye witness said.


An Interior Ministry source had told Aswat Masriya that the decision to close the square was "precautionary".


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29 Jan 2015

Egypt- ITG close to agreement with oil companies to recycle electronic waste

The International Technology Group (ITG) agreed in January with the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and representatives of 90 companies working in the oil and natural gas sectors to recycle their electronic waste in order to"...

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29 Jan 2015

3 EU Offers eye applying ITS on Egypt Roads – Official

Three European offers so far are seeking to apply Intelligent Transportation System (ITS) on Egyptian roads in the coming period, Egypt’s road authority GARBLT chairman announced on Wednesday.


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