FINANCE & ECONOMY

22 Feb 2015

Oshkosh Defense Debuts M-ATV Tactical Ambulance at IDEX 2015

Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, today introduced its MRAP All-Terrain Vehicle (M-ATV)"......

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22 Feb 2015

Yealink’s Launches New Gigabit Speed SIP-T29G VoIP Phone

Yealink, globally ranked as the world’s second largest SIP phone provider, have taken another firm step Leading the Gigabit-Ethernet technology revolution with the launch futuristic SIP T29G VoIP Phone. This latest business gadget boast of high-resolution TFT color display for an enriched"...

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22 Feb 2015

Brazil’s B dairy aims at increasing its product presence in the GCC

B dairy, the consortium that represents nearly 40 per cent of Brazilian dairy products exporters, has revealed that exports of their dairy products to Arab countries totalized US$ 82.7 million in 2014. This represented 24 per cent of Brazil’s total amount of export which is US$ 345.3"...

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21 Feb 2015

Egypt receives about 786,000 tourists in December

The number of tourists visiting Egypt reached about 786,000 during December 2014, compared to 677,700 during December 2013. This represents a 15.3% increase, according to a statement from the Central Agency for Public Mobilisation and Statistics (CAPMAS). The rate of tourists from Eastern Europe was 39.1%, followed by tourists from Western Europe in second place...

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21 Feb 2015

Egypt Shipping Report Q2 2015 - New Market Report

The outlook for the Egyptian shipping sector is positive and we forecast a period of growth across the country's ports. The political situation in the country is quiescent following the election of Field Marshall Sisi to the presidency in 2014 and we expect investment to begin to flow into the country once more.

Fundamentally, strikes at the country's...

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21 Feb 2015

Russia Ready to Supply MiG-35 Jets to Egypt - Manufacturer

The MiG Company's readiness to offer its jets to Egypt comes amid Russia-Egypt rapprochement, strengthened during Russian President Vladimir Putin's visit to Cairo in early February.

Russian Aircraft Corporation MiG is ready to supply MiG-35fighter jets to Egypt should the country request them, MiG head Sergei Korotkov said at the Aero India-2015 exposition...

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21 Feb 2015

Egypt, Japan to set up wind farm in Gabel El Zeit

Egypt and Japan International Cooperation Agency (JICA) signed a contract on Thursday to set up a 200-megawatt wind farm in Gabal el-Zeit area in the Gulf of Suez at a total cost of EGP 1938.9 million.


...

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21 Feb 2015

Egypt Says No to U.S. Wheat, Even with $100 Million Credit Line

Not even a $100 million credit line could entice the world’s biggest wheat buyer to purchase U.S. supplies.

Egypt, which got the U.S. loan agreement, canceled a tender to buy American wheat Wednesday because the prices were too expensive and then asked for offers from other"...

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21 Feb 2015

Hilton to open first Doubletree in Egypt

Hilton Worldwide will open its first Doubletree property in Egypt in 2017.


The 197-room new-build will be located in Ain Al Sokhna and will be part of a mixed-use development.


Facilities"......

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