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23 Mar 2017

Egypt negotiating third $1 bln tranche of World Bank loan

Investment minister Sahar Nasr met with World Bank officials for discussions after delivery of second tranche of $3 bln loan

Egypt is negotiating the third and final $1 billion tranche of a $3 billion World Bank loan to support the government’s economic reform programme, the Ministry"...

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23 Mar 2017

EasyJet sets out how new UK government flight ban on devices will affect its passengers

EasyJet has become the first UK airline to lay out how the UK government's new cabin baggage ban on devices will impact on customers.

From today, passengers on EasyJet flights from Turkey and Egypt to the UK must put large electronic devices, including e-readers, in the hold. Phones, laptops and tablets larger"......

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23 Mar 2017

Egypt to raise visa entry fees

Egypt approved raising the fees for 6-month multiple entry visa from US$25 to US$60, Egypt's Tourism Minister Yahya Rashed said during a press conference on Tuesday.

In its meeting yesterday, the Cabinet decided the price of tourist single entry"......

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23 Mar 2017

Egyptian parliament to discuss government request to increase metro fare

Egypt's parliamentary committee for transportation wil discuss on Wednesday a government request from last year that Cairo metro ticket prices be increased, Al-Ahram Arabic website reported.

Several MPs announced their opposition to the proposal, fearing a social backlash.

"...

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23 Mar 2017

Egypt’s inflation is just a symptom of a greater problem

The sharp devaluation of the Egyptian pound, an increase in fuel prices and the three percentage point increase in the valued added tax late last year triggered a jump in the country’s price inflation to the highest in three decades.

But"...

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23 Mar 2017

ASG Technologies Helps Modern Enterprises Evolve Their ECM with New Content Services

(BUSINESS WIRE)--ASG Technologies has announced Mobius 7.0, a next generation content solution delivering content services for the modern enterprise. Mobius 7.0 provides access to any type of content, at any time and is deployable on-premise, in the cloud, or in a hybrid model, with advanced"...

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23 Mar 2017

Fenergo to Deliver 200 New Jobs to Support Global Growth

Fenergo, the leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks, has today announced the creation of 200 new jobs due to rapid global expansion, bringing its total global employee base to 500.

The"...

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22 Mar 2017

ISS Today: Egypt renews its commitment to Africa

Speaking at Cairo University last month, United Nations Secretary-General António Guterres described Egypt as a pillar of “multilateralism in today's world.

......

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22 Mar 2017

Egypt aims to raise $329mln from sale of stakes in state firms - minister

Egypt aims to raise 6 billion pounds ($329 million) from the sale of stakes in state companies in the 2017/18 financial year, Finance Minister Amr El Garhy told Reuters, part of government efforts to generate revenue"...

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22 Mar 2017

Sudan, Egypt FMs to meet in April to contain “muffled crisis”

Sudan’s Foreign Minister Ibrahim Ghandour and his Egyptian counterpart Sameh Shukry will meet in Khartoum in the first half of April in an attempt to contain a muffled crisis between the two countries.

Tensions between Khartoum and Cairo have escalated following the former’s"...

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