FINANCE & ECONOMY

05 Apr 2014

Egypt’s Energy Sector Faces Hurdles

Egypt’s oil and gas industry has endured many challenges in recent years—an investment slowdown, aging infrastructure, declining gas fields, stagnating prices and subsidy woes—all while demand increases amid political instability.

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05 Apr 2014

Egypt issues 2 million fuel smart cards

Fuel smart cards are part of government's plans to rationalise expenditures on fuel subsidies.

Egypt’s freshly issued two million fuel smart cards are ready for use in petrol stations nationwide, a senior official at E-finance Company, which operates the smart card system, said on Thursday.

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05 Apr 2014

US to etablish imvestments at $120 million in Egypt

Mounir Fakhry Abdel Nour, Minister of Commerce, Industry and Investment, said that the US economic support fund will implement an initiative to establish a number of investment projects in Egypt worth US$120 million, which were approved by Congress recently.


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05 Apr 2014

Unified licence will cost Telecom Egypt €261 million

Telecom Egypt will pay a hefty fee for a new unified operating licence in the country, under plans revealed by telecoms minister Atef Helmy.


The incumbent operator will be charged 2.5 billion Egyptian pounds (€261 million/$358 million) for a licence that will enable it to offer mobile services"......

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05 Apr 2014

Uganda partners with Egypt to excavate water weed

Uganda has partnered with Egypt to remove the weed that evaded Lake Kyoga. The task of clearing the weed started in 1999 and has registered two successful phases.

The first phase which started on Lakes Victoria and Albert, River Kagera and some parts of Lake Kyoga cost about $13.9million.

The"......

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05 Apr 2014

Eurobites: Vodafone Has M&A Issues in Egypt

Also in today's EMEA regional roundup: Turkish PM bristles at un-banning of Twitter; Allot lands $5 million Tier 1 deal; BT Sport joins Chromecast line-up; Google upsets Italians.


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  • 04 Apr 2014

    SES ANNOUNCES BOARD APPOINTMENTS

    In their first Meeting following the Annual General Meeting of shareholders (AGM) held in Betzdorf, Luxembourg, today, the Board of Directors of SES S.A. (NYSE Paris:SESG) (LuxX:SESG) appointed René Steichen as Chairman of the Board and François Tesch and Jean-Paul Zens as"...

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    03 Apr 2014

    A.M. Best to Participate in 9th Annual World Takaful Conference

    A.M. Best will participate in and exhibit at the 9th Annual World Takaful Conference, to be held 14-15 April in Dubai, UAE.


    Mahesh Mistry, Director – Analytics, will take part in a panel discussion, ‘Financial Performance Improvement for Takaful Operators – Squeezing Further Operational Efficiencies’"......

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    03 Apr 2014

    AEPC UK Ltd Introduce Ground-Breaking New Beauty Products by Reseed, Figurite & Cinere to Launch at Cosmoprof & Dubai Beauty 2014

    Cosmoprof & Dubai Beauty 2014 -

    Brands:

    Cinere, Figurite & Reseed

    Where & When:

    Cosmoprof Bologna, Hall 22P, Stand"......

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