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17 Oct 2017

Karma Developments launches two projects with investment of EGP 160m

Karma Developments launched its latest real estate projects in Fifth Settlement, New Cairo. The company will carry out the two projects of Elite Residence and Platinum View, with an investment cost of EGP 160m on an area of 5,000 sqm, according to Karma’s general manager, Ahmed Mostafa.

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17 Oct 2017

Africa’s $110bn expat remittances could fund continent’s infrastructure

Africa’s expat remittances, which amount to more than $110bn, could be a major source of funding for key infrastructure projects across the continent if properly harnessed, Benedict Oramah, the president of the African Export-Import Bank (Afreximbank), said in Washington, D.C., on Friday.

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17 Oct 2017

Societal protection program behind success of Egyptian economic reforms

Investment and International Cooperation Minister Sahar Nasr stressed on Monday 16/10/2017 that the success of Egyptian economic reforms is attributed to the implementation of a comprehensive societal protection program.

The"...

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17 Oct 2017

Busy IPO Season Beckons for Cairo as Reforms Yield Results

Egypt’s stock market is shaping up to be the Middle East’s hot spot for initial public offerings next year.

At least six companies plan IPOs by the end of 2018, following two sales since January, according"...

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17 Oct 2017

Nasr says Egypt always looking forward to developing ties with SFD

Minister of Investment and International Cooperation Sahar Nasr asserted that Egypt is always looking forward to developing relations with the Saudi Fund for Development (SFD).

This comes in light of the historic"...

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17 Oct 2017

Egypt relegates to Nov receiving bids for installing coal power plant

Ministry of Electricity and Renewable Energy relegated to next November receiving financial and technical bids due to be submitted by Int'l companies desirous to install a coal-based power plant in the Red Sea's coastal area of Hamraween.

Informed sources told Al-Mal"...

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17 Oct 2017

Takeda Presents Updated Results from Pivotal Phase 2 ALTA Trial of ALUNBRIGTM (brigatinib) in ALK-Positive Non-Small Cell Lung Cancer

− Updated Results Continue to Support the Efficacy and Safety Findings for ALUNBRIG with the 180 mg Dosing Regimen in Patients with Advanced ALK+ NSCLC Who Have Progressed on Crizotinib, Per Independent Review Committee:

17 Oct 2017

East and West Malaysia Gain Enhanced Mobile Broadband with SES Networks and CompuDyne

(AETOS Wire) -- CompuDyne, a leading telecommunications solutions provider in Malaysia, is partnering with SES Networks to bring high quality and cost-effective cellular backhaul service to both East and West Malaysia and its surrounding"...

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17 Oct 2017

AstraZeneca and Chi-Med’s Savolitinib Shows Encouraging Clinical Activity in 2nd-Line EGFR Mutation-positive Lung Cancer with MET-amplification

Data for savolitinib in combination with Tagrisso or Iressa presented at World Conference on Lung Cancer1,2

New data give insights into disease progression and potential next-generation treatment strategies in patients"...

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16 Oct 2017

Egypt launches tourism campaign with Italy’s AS Roma club

Egypt will launch a promotional campaign with the Italian football team AS Roma with the aim to lure Italian tourists to the country, Egypt’s tourism ministry said on Saturday.

The"...

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