FINANCE & ECONOMY

23 Apr 2016

UAE allocates $4bn in assistance to Egypt

The UAE announced the allocation of US$4 billion (Dh14.7bn) to Egypt on Friday as Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, wrapped up a visit to Cairo. Half of the sum would be an investment and half a central bank deposit to support cash reserves, the UAE state news agency Wam said. Sheikh Mohammed...

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23 Apr 2016

REC latest overseas company to sign multi-megawatt Egypt deal

An agreement to work together on solar projects in Egypt has been signed by PV module manufacturer REC and a subsidiary of local telecoms company Orascom Telecom Media and Technology Holding” (OTMT). A Memorandum of Understanding (MoU) was inked between REC and OTMT subsidiary O Capital, during a visit to Egypt from a German business delegation, the German-Egyptian...

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23 Apr 2016

NanoSteel Delivers Advanced Automotive Steel to General Motors

Offers step-change improvement in steel lightweighting capability

Produced in collaboration with launch partner AK Steel Corporation

NanoSteel®,"......

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23 Apr 2016

Dubai Quality Group aims at promoting Innovation & Happiness in the upcoming Ideas Arabia 11th International Conference 2016

In line with the UAE government’s vision to be one of the most innovative and happiest places to work and live in, Dubai Quality Group (DQG), under the patronage of H.H. Sheikh Ahmed bin Saeed Al Maktoum, will host the Ideas Arabia 11th International Conference 2016 on 25th and 26th"...

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23 Apr 2016

Qatar First Bank announces the listing of all its shares on the Qatar Stock Exchange on April 27th

  • The first listing of a private sector entity on the QSE in 6 years and the first ever of a QFC entity
  • QFB’s listing represents a significant milestone in the bank’s 7 year successful history.

...

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23 Apr 2016

UAE allocates $4bn to Egypt for development

The United Arabic Emirates has allocated $4 billion to Egypt, half of it in investment and half as a central bank deposit to support cash reserves, the UAE state news agency WAM reported on Friday.

The report appeared to be referring to a previously announced UAE offer to give Egypt $4 billion, which was made at a conference in Sharm El-Sheikh last...

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23 Apr 2016

Civil Society in Egypt Still Matters

In late March, Egypt’s Minister of Parliamentary Affairs, Magdi al-Agati, indicated that the government would soon submit to parliament a new law regulating the work of non-governmental organizations (NGOs) in the country. According to Agati, the proposed law"...

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23 Apr 2016

Egypt’s navy foils illegal emigration attempt of 44 to Italy

Egypt’s navy foiled an illegal emigration attempt and prevented 44 people from boarding an boat and crossing the Mediterranean Ocean to Italy, Youm7 reported Friday.


Nineteen"...

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23 Apr 2016

Feature: Cancer children in Egypt laugh off pains amid arts festival

"I like singing and drawing, I feel like a normal child today, and I would never surrender to cancer," said Hanan Mahmoud, a 12-year-old girl receiving her treatment at Cairo's "57357" Hospital.


"57357""...

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23 Apr 2016

REC latest overseas company to sign multi-megawatt Egypt deal

An agreement to work together on solar projects in Egypt has been signed by PV module manufacturer REC and a subsidiary of local telecoms company Orascom Telecom Media and Technology Holding” (OTMT).


"...

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