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23 Apr 2018

Egypt aims for $10 billion foreign investment in oil, gas in 2018/19

Egypt aims for foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year that begins in July, Petroleum Minister Tarek El Molla said on Sunday.

Molla said he expected foreign"...

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23 Apr 2018

IDWBE bank to pump 1 bln pounds in Egypt c.bank's SMEs initiative

Egypt’s state-run Industrial Development and Workers Bank (IDWBE) seeks to pump One billion Egyptian funds of into small and medium-sized businesses, with interest rates of 5 percent, 7 percent and 12 percent according to Tarek Galal the Head of SMEs sector at IDWBE.

The"...

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23 Apr 2018

Enapter Showcases its Anion Exchange Membrane (AEM) Electrolyser at HANNOVER MESSE 2018.

(AETOS Wire) -- With new investors and management, the former ACTA/Heliocentris Italy changed the name to Enapter, and is showcasing innovations to the existing product line.

Enapter"...

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23 Apr 2018

Gemalto Awarded Multi-Year Service Contract for New British Passports

(AETOS Wire) -- Gemalto, the world leader in digital security, today announces it has won an open tender with the Home Office, acting through Her Majesty’s Passport Office (HMPO), for the production of the next generation of British"...

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23 Apr 2018

Phoenix Contact: Threefold Growth in Turnover and Personnel over 15 years

With double-digit sales growth in 2017, Phoenix Contact has exceeded the two billion euro mark, achieving a turnover of 2.205 billion euro. At the same time, the number of employees increased to 16,500 personnel"...

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23 Apr 2018

Arzan Wealth Advises On Second US Mezzanine Lending Transaction

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a mezzanine lending opportunity in the United States, as part of the new strategy focusing on investments"...

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23 Apr 2018

China’s Bakery Industry @ Bakery China 2018 (May 9-12, Shanghai)

(AETOS Wire) -- With an exhibition area of over 200,000 square meters this year, Bakery China 2018, to be held on May 9-12, has attracted more than 2,100 exhibitors from all over the world.

As"...

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23 Apr 2018

ICMC Partners with Beyontec

Bahrain based Invita Claims Management Company (Invita Claims) has signed a contract with global insurance IT solutions provider Beyontec to implement the Beyontec Suite, a core system that can automate the processes and transactions necessary to administer faster third-party claims services"...

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22 Apr 2018

Yorktown to sell Egypt-based oil, gas company Merlon International

The New York-based private equity firm Yorktown Partners is reportedly planning to sell its Egypt-focused oil and gas company Merlon International, Reuters reported on Saturday.

According to the reports, the firm"...

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22 Apr 2018

LG aims to acquire 33% of TV market

LG Egypt aims to increase its market share of TV sales to 33% by the end of this year, according to the TV department director at LG Egypt, Mohamed Talaat.

He said that LG’s sales witnessed a significant improvement"...

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