FINANCE & ECONOMY

08 Dec 2014

Technoment to begin construction of Aswan fertiliser factory by end of 2014

Chairman and managing director of the Egyptian Chemical Industries Company (KIMA) Eid Al-Hout has announced that Italian firm Technoment will begin the construction of “Fertilizer Factory – KIMA2″ in Aswan to produce ammonia and urea fertilisers by the end of 2014.

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08 Dec 2014

New licences will not boost steel and cement production due to energy shortages: manufacturers

The government’s attempts to introduce new licences for steel and cement production will not succeed in boosting production due to a lack of energy supplies, steel and cement manufacturers in the Egyptian market have said.


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08 Dec 2014

“Significant progress” made in solving NUBASEED dispute: Saudi investor

There has been “significant progress” in resolving the Nubaria Seed Production Company (NUBASEED) dispute, according to Saudi investor and chairman of NUBASEED Abdullah Al-Kaaky.


Al-Kaaky,"...

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08 Dec 2014

Egypt's market starts week in green

High turnover and foreign buying lifts bourse on Sunday, as main index up 0.79 percent.

Egypt's market continued to make gains for the fourth consecutive session amid high turnover and foreign buying.


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08 Dec 2014

Egypt provides land for UAE-built sugar factory

The UAE’s Al Ghurair Group has won approval from Egypt’s cabinet for the allocation of land for the construction of a new sugar factory in the Minya governorate in Upper Egypt.


The"...

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08 Dec 2014

SDMO Eyes €10mn Sales in Egypt within 2015

France-based SDMO Industries, the world's 3rd largest company for power generating sets, is targeting sales of €10 million for Egyptian market within 2015.

The targeted 2015 sales will be backed by Egypt’s economic stability and the growing demand for the French manufacturer’s"...

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08 Dec 2014

SMEs ‘Magic Wand’ for Egypt’s Economic Growth - AlexBank

The small and micro-sized enterprises (SMEs) are the magic wand to fix Egypt’s ailing economy, said head of SME Division at AlexBank Khaled Hamouda.


In this respect, Hamouda stated that AlexBank - a member of Intesa Sanpaolo Group – is working in cooperation with the Confederation of European Egyptian"......

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08 Dec 2014

Meta Byte Technologies Teams Up with MetricStream to Strengthen Customers’ Risk, Compliance, and Quality Management Programs

Meta Byte Technologies, the next generation technology consulting company, is pleased to announce its partnership with MetricStream, the market leader in Governance, Risk, and Compliance (GRC) and Quality Management solutions. Together, they will equip Middle East-based organizations across"...

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08 Dec 2014

Finesse and MetricStream Form Strategic Partnership to Address Governance, Risk, and Compliance Requirements of GCC Organizations

Finesse, a Red Herring Global Top 100 company and winner of the ICT Software Solutions Integrator Awards, and MetricStream, the market leader in Governance, Risk, and Compliance (GRC) Management solutions, have announced a strategic partnership to address the unique GRC requirements of Gulf"...

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