FINANCE & ECONOMY

17 Oct 2014

Schlumberger Declares Quarterly Dividend

The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.40 per share of outstanding common stock. The dividend is payable on January 9, 2015 to stockholders of record at the close of business on December 3, 2014.


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17 Oct 2014

Mobile Industry Embraces GSMA Embedded SIM Specification to Accelerate Growth of Internet of Things

Mobile 360-Middle East

At the Mobile 360 Series-Middle East conference in Dubai, the GSMA announced that leading mobile operators AT&T,"......

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16 Oct 2014

Egypt government approves plan to allow export of rice

Egypt's government has approved plans to allow the export of rice, the supplies minister said on Thursday, bringing a major medium-grain rice exporter back into the international market for the first time since 2013.


Traders"......

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16 Oct 2014

World Association for SMEs to Build its MENA Regional HQ in Egypt

The World Association for Small Medium Enterprises (WASME) will establish its Middle East Regional Office in Cairo, WASME's newly-named vice president Khaled Nagaty said.

During a press conference held on Wednesday on the occasion of winning the new WASME vice president post, Nagaty"...

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16 Oct 2014

Egypt’s exports fall 14% in September, under target


Egyptian exports registered $1.633bn in September compared to $1.9bn in August, representing a 14% decrease, said the Ministry of Industry and Foreign Trade’s latest report.


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16 Oct 2014

Egypt to build logistical areas linking Africa and Asia -Minister

Egypt's minister of industry and trade Mounir Fakhry Abdel Nour said that the ministry intends to implement economical strategies to support small and medium projects to work on attracting the unofficial sector to the official system of economy to build a logistical area that links Egypt"...

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16 Oct 2014

Apache Corp to raise gas supplied prices to Egypt

The US oil and gas producer Apache Corp. operating in Egypt aims to reach an agreement with the Egyptian government about raising the prices of gas supplied by the end of the year, the company said on Wednesday. The company expects capital investment to remain stable over the next few years at US$1.4 billion annually, with an increase of $450 million in operating...

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16 Oct 2014

Egypt to reduce time and cost of container release at customs ports

Egypt plans to reduce the time and cost of container release in a move to improve performance levels at customs outlets across the country, the chief of the Customs Department Magdy Abdel Aziz said in statement on Wednesday.


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16 Oct 2014

Egypt stocks inch up Wednesday signalling possible rebound

The EGX30 was up 0.18 percent after losing over eight percent since last week, with analysts expecting the rebound to continue in coming sessions.

Egypt's main stocks inched up by 0.18 percent Wednesday after seven sessions in the red, signalling a possible rebound as low stock prices start to bolster demand.

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16 Oct 2014

Egypt, Ethiopia and Sudan Set For Crucial River Nile Dam Talks

Construction began on Ethiopia's Grand Renaissance dam late in 2013.

Egypt, Ethiopia and Sudan are set for key talks on the next stage of Ethiopia's Grand Renaissance Dam, amid concerns over the potential impact downstream.


Water"......

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