FINANCE & ECONOMY

28 Aug 2014

City of Atlanta’s MARTA Selects BRS Labs as Provider of Artificial Intelligence Video Analytics to Enhance Public Safety

Behavioral Recognition Systems, Inc. (BRS Labs), creator of AISight®, the artificial intelligence-based analytics solution that teaches itself to recognize and alert on unexpected patterns within massive volumes of data, continues its rapid growth in the mass transit industry as more agencies choose"......

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28 Aug 2014

DoubleTree by Hilton Opens 10th London Location

DoubleTree by Hilton today celebrated the opening of the latest addition to its growing London portfolio – the brand’s 10th hotel in the capital area. DoubleTree"......

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27 Aug 2014

Suez Canal development project studies to begin next week: Dar Al-Handasah official

The studies in the Suez Canal project are expected to start by the end of next week, the director of operation at Dar Al-Handasah told the Daily News Egypt Tuesday.


The company official added that the studies will include data collection and the examination of the shareholders’ objectives.


"......

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27 Aug 2014

Orascom Development Holding registers first profit since 2010

Orascom Development Holding, the Swiss hotel operator company owned by Samih Sawiris, reported Tuesday that their net profit has registered CHF 31.5m ($34.4m), which is deemed the first biannual net profit since 2010.


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27 Aug 2014

2% growth in construction sector: Gleeds Construction Consultancy

The construction sector grew 2% while the cost of key materials including cement, ready mixed concrete, and reinforcement steel grew over 6% in the last quarter, according to Gleeds Construction Consultancy.


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27 Aug 2014

Upcoming Arab Beverage Industry Conference to spur Egypt’s economy

The kickoff of the 4th Arab Beverage and Juice Industry Conference and Exhibition this coming Sept. 2 will be held in Cairo for the first time.

The activities of the conference and exhibition will continue for two days with the participation of major beverage and juice manufacturing companies, a large number of manufacturers and exporters, representatives...

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27 Aug 2014

Ericsson hosts winners from Oman and Egypt’s Smart School Competition in Sweden

Ericsson recently hosted six talented students from Region Middle East in the company’s headquarter in Sweden. As winners of the Ericsson Smart Schools competitions held in Oman and Egypt, the students – three from each country – were invited to Ericsson’s Experience"...

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27 Aug 2014

Ministers to inaugurate new land port between Egypt and Sudan on Wednesday

Ministers from Egypt and Sudan are inaugurating on Wednesday the new Qostul-Ashkit land port between the two countries, which is expected to increase bilateral trade from LE5.5 billion to LE7 billion in one year.

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27 Aug 2014

Egypt’s Orphans Struggle Long After Childhood Ends

The problem with Egypt's orphanages goes way beyond isolated cases of abuse, and extends to how society as a whole views "children of sin".

Nahla El-Nemr knew the moment was coming but that still didn’t make it any easier.


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27 Aug 2014

Syria, Iraq tension revives business for Egypt firms

As tensions rise in Syria and Iraq, Egyptian buses seem to be the only ride pilgrims have left.

Domestic pilgrimage companies have signed contracts with Egyptian companies due to the immobility of Turkish vehicles coming through the war-torn companies.

The reduced number of domestic pilgrims, numbering about 105,000, need around 2,100 buses, said...

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