FINANCE & ECONOMY

26 Feb 2015

Insurance Federation of Egypt hosts today First Forum on Risk Management

Egypt has hosted today the first forum on risk management, under the theme of “The Role of Insurance Experts in the Enterprise Risk Management.”


Leading economic magazine Amwal Al Ghad is the media sponsor for the event.


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26 Feb 2015

Egypt close to revealing plan for its ‘new’ New Cairo capital

Egypt is weeks away from signing up a major Arabian Gulf-based property developer to spearhead the development of a Dh240 billion capital city the size of New Cairo, a senior minister said yesterday.


The"...

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26 Feb 2015

SkyPower in talks to build Egypt solar plant

SkyPower, one of the largest solar plant developers in the world, is in talks with Egyptian authorities to build a project that can generate 3000 MW of renewable energy within 5 years, said a report.

The company officials also expressed interest in taking part in an under-study on the new and renewable power projects in the country during talks with...

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26 Feb 2015

‘Hadashi no Gen’ launched in Egypt

An event to mark the publication of the Arabic version of “Hadashi no Gen” (Barefoot Gen), a Japanese comic series that depicts the horrors of war and atomic bombing through a boy’s experiences, was held at a book store in Cairo on Monday.

The first of the 10-volume"...

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26 Feb 2015

Egypt to propose building tallest tower during March conference

Announced by the housing ministry, the new structure would be 13 metres taller than the Cairo Tower.

Egypt’s government will present during the economic development conference in March a proposal to build the country’s tallest tower on the outskirts of Cairo, announced the Ministry of Housing Wednesday.

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26 Feb 2015

Egypt, Russia sign new customs regulatory protocol

Trade between the two countries is expected to grow through the facilitation of customs regulation.

Egyptian and Russian customs officials signed on Wednesday a protocol in Cairo aiming at regulating and enhancing the flow of trade between the two countries.

The agreement"...

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26 Feb 2015

Real estate tax dispute for Cairo, Alex hotels unresolved: Chamber official


The Ministries of Tourism and Finance have failed to resolve the dispute over real estate tax for hotels in Alexandria and Cairo, according to an Egyptian Chamber of Hotels official.


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26 Feb 2015

Terra Sola proposes $3.5bn solar energy investment

Bahrain-headquartered Terra Sola Group for solar power generation has proposed to invest $3.5bn in Egypt in a project aiming to develop solar photovoltaic technology, the group’s chairman David Heimhofer revealed.


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26 Feb 2015

Gippsland makes a new plan in Egypt

ASX-listed Gippsland could start production at its Abu Dabbab tantalum/tin/feldspar project, in Egypt, by 2016, the company reported on Thursday.

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26 Feb 2015

Two Google Lunar XPRIZE Teams Announce Rideshare Partnership for Mission to the Moon in 2016

HAKUTO, the only Japanese team competing for the $30 million Google Lunar XPRIZE, has announced a contract with fellow competitor, Astrobotic, based in Pittsburgh, Pa., to carry a pair of rovers to the moon. Astrobotic plans to launch its Google Lunar XPRIZE mission on a SpaceX Falcon 9 rocket from Cape Canaveral, Fla., during"......

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