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06 Feb 2016

Egypt dealers requests central bank to ease dollar crunch

Egypt’s currency dealers have requested the central bank ease restrictions they say will lessen a dollar shortage gripping the country that’s forced businesses and individuals to turn to the black market.

Representatives of about 25 foreign-exchange businesses in Egypt asked central bank officials at a meeting on Sunday for permission to swap...

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06 Feb 2016

Domestic tourism booms in Egypt’s Luxor during mid-school year vacation

The occupancy rate at Luxor hotels has notably increased to 65 percent during the first week of mid-school year vacation, Head of tourism and antiquities police Hosny Hussein was quoted by Youm7 Friday.


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06 Feb 2016

IFC pledges $144 million for Egypt's energy infrastructure, ports

The International Finance Corporation (IFC), a member of the World Bank Group, announced Thursday it is providing a financing package of $144 million to Egypt's Sonker Bunkering Company.


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06 Feb 2016

Egypt railways revenue increases by 27% in November 2015: CAPMAS

Revenues of the Egyptian National Railways Authority (ENR) have increased by 27 percent in November 2015 to register 118.8 million EGP ($14 million) up from 93.4 million EGP in November 2014, the Central Agency for Public Mobilization and Statistics (CAPMAS) said on a report Thursday.

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06 Feb 2016

Saudi Ambassador to Egypt: SAUDIA's Remarkable Activity from and to Egypt

Saudi Ambassador to Egypt, Kingdom of Saudi Arabia's Permanent Representative to the Arab League and Dean of the Arab Diplomatic Corps, Ahmed bin Abdulaziz Qattan said that air traffic of Saudi Arabian Airlines (SAUDIA) from and to Egypt has recently witnessed a significant activity, due to the directives of the Custodian of the Two Holy Mosques King Salman...

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06 Feb 2016

On the Beach grows amid eastern Med and Egypt decline

Stronger demand for holidays in the western Mediterranean has offset weaker sales for Egypt and the eastern Mediterranean at Cheadle-headquartered online travel agency On the Beach, which reported that it "responded well to significant volatility in traffic" compared to previous years and"...

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06 Feb 2016

Murex is Recognized as the Number One Overall Top Technology Vendor in the Treasury and Capital Markets Industry for the 3rd Year in a Row by Risk Magazine

Murex, the leading provider of integrated trading, risk, and processing solutions, today announced that it has been recognized as the Number One Overall Top Technology Vendor in the treasury and capital markets industry at the Risk Awards 2015 ceremony, hosted by Risk Magazine in London"...

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05 Feb 2016

TELE 5 and SES Platform Services Expand Partnership

German commercial broadcaster TELE 5 has renewed a multi-year contract with SES Platform Services, a wholly-owned subsidiary of SES S.A. (NYSE Paris:SESG) (LuxX:SESG). Under the agreement, SES Platform Services, a global service provider for the distribution of video content, will be providing"...

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05 Feb 2016

In New Clinical Study Masimo’s Oxygen Reserve Index Helps Clinicians Detect Impending Desaturation in Pediatric Patients

Masimo (NASDAQ: MASI) announced today that in a new clinical study, Masimo’s Oxygen Reserve Index (ORI™), the first noninvasive and continuous parameter to provide insight into patients’ oxygen reserve when they are receiving supplemental oxygen, helped clinicians in the early identification of impending desaturation"......

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05 Feb 2016

Luxembourg to Launch Framework to Support the Future Use of Space Resources

The Luxembourg Government announced a series of measures to position Luxembourg as a European hub in the exploration and use of space resources. Amongst the key steps undertaken, as part of the ...

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