FINANCE & ECONOMY

17 Aug 2015

Ringgit Slide: Pahang Grants Additional Funds To Students In Egypt, Jordan

Pahang Foundation-sponsored students currently studying in Egypt and Jordan will receive extra funds as a temporary measure to reduce their financial burden, following a slide of the Malaysian ringgit.

Menteri Besar Datuk Seri Adnan Yaakob said students in Egypt would receive an additional RM3,000 per year, bringing the total sponsorship to RM9,000...

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17 Aug 2015

Averda Selects Kyriba for its Treasury Management Solution

(ME NewsWire)-- Kyriba Corp., the global leader in cloud-based Proactive Treasury Management, announced that Averda (averda™), the largest provider of integrated waste management solutions across the emerging world, has selected Kyriba for its treasury"...

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16 Aug 2015

MIDEAST STOCKS-Markets in Saudi Arabia, Egypt edge down

Stock markets in Saudi Arabia and Egypt fell in early trade on Sunday as negative news weighed on some stocks and investor sentiment across the region was gloomy.


Saudi Arabia's main index edged down 0.6 percent and oil shipper Bahri was one of the main drags, dropping 2.9 percent after benchmark tanker freight"......

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16 Aug 2015

Roman glass-making furnaces discovered in Egypt’s Delta

Glass-making furnaces dating back to the Roman Egypt period (30B.C.-395A.D.,) have been unearthed in Egypt’s Delta archaeological site of Tell Mutubis, the Antiquities Ministry stated Friday.


The"...

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16 Aug 2015

Egypt’s economy grew 3% in Q3 of FY 2014/2015: Dcode EFC

Dcode Economic and Financial Consulting (Dcode EFC) revealed details of Egypt’s gross domestic production (GDP) performance in Q3 of fiscal year (FY) 2014/2015 in a Wednesday report.


The"...

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16 Aug 2015

Egypt to open Rafah crossing for four days

The Egyptian authorities declared its intention to open Rafah border crossing, in both directions, from Monday to Thursday, August 17-20.

The Middle East News Agency quoted official sources as saying the border crossing will be opened in both directions.

According to the General Administration of borders and crossings in Gaza, Rafah crossing...

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16 Aug 2015

UAE tourist numbers to Egypt grow 50 per cent this year


Gulf states represent one of the main pillars of the tourism industry in Egypt, according to senior Egyptian officials.


They add that the number of UAE nationals coming to Egypt grew by 50 per cent during the first quarter of this year, compared with the same period last year, reports UAE-based Al Bayan.

......

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16 Aug 2015

Egypt airports prepare for growth with SITA technology

The Egyptian Airports Company (EAC) has announced that it has chosen SITA as its technology partner for its airport IT modernisation program at five of the largest airports it manages across Egypt. EAC is using a combination of SITA airport technologies to improve the passenger experience and increase efficiency across all these airports.

The five airports...

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16 Aug 2015

Russia hands Egypt missile ship - statement

Russia has handed Egypt a Molniya missile ship that participated in the inauguration of the "New Suez Canal" earlier this month, the Egyptian armed forces announced on Saturday.


The"...

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16 Aug 2015

Tomah’s Arabic exchange teacher to share language, Egyptian life

Language isn’t just a way to communicate for Nashaat Mehany. It’s a way to connect.


The Egypt native will spend the next year teaching Arabic in the Tomah Area School District, but Mehany also hopes area community interaction will bring the different cultures closer together.


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