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07 Dec 2017

BenQ’s Projector business escalates to #1 position in Q3’17

Highlights: Acquires #1 position in Q3’17 Projector business 23.6% SoM of Q3’17 55k units sold in first 10 months BenQ, Global No. 1 DLP projector brand has announced its Q3’17 reports to reveal its spectacular performance in the projector segment. With a majority of the market share captured in the projector segment, it has emerged as the #1 brand across the Middle East and Turkey region improving its market share and setting new standards for customer satisfaction. With its remarkable product launch of home cinema......

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06 Dec 2017

COMESA looks to raise share of global trade to 12% in 10 years: COMESA Business Council chairperson

The Common Market for Eastern and Southern Africa (COMESA) Business Council plans to increase bilateral trade between the 19 member states to account for 12% of global trade.

Chairperson of the council, Amany Asfour,"...

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06 Dec 2017

Shell dominates 19% of Egypt lubricants market

Saher Hashem, managing director of Shell Lubricants Egypt, said that the company’s share of lubricants market increased to 18.5-19% this year, up from 6.5% in 2008, despite selling the petrol stations it owned.

Shell"...

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06 Dec 2017

4 mobile operators officially request more frequency bands

Acting Executive President at the National Telecommunication Regulatory Authority (NTRA), Mustafa Abdul Wahid, said that the four telecommunication companies have made official requests to obtain new frequency bands to keep pace with the expected growth of 4G users in the coming period.

"...

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06 Dec 2017

African tycoons come to Sharm El-Sheikh to discuss financing crunch

Dr. Mohmed Manzoor, the general coordinator of campaign calling on president Abd El-Fatah El-Sisi to submit his second-term candidacy and chairman of ' For the Sake of Egypt' Association, said that Africa 2017 Conference due to be launched next Thursday in Sharm El-Sheikh City under"...

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06 Dec 2017

Egyptian government published plan for upgrading its services

Ministry of Planning, Monitoring and Administrative Reforms published on its Facebook page information related to efforts exerted to upgrade governmental services, deemed as essential for revamping Egypt's administrative structure.

Aims cited for the upgrading include improving"...

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06 Dec 2017

EKBC’s Head: Egyptian – South Korean forum to be held on Tuesday

The 10th session of the Egyptian – Korean Business Council (EKBC) will be launched on Tuesday, Egyptian – South Korean Business Council’s (EKBC) Head, Raouf Ghabbour, said in a statement.

The event"...

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06 Dec 2017

Egypt's Atoll gas field begins test production - minister

Test production at Egypt’s Atoll offshore gas field began on Tuesday with a production capacity of 300 million cubic feet per day, Petroleum Minister Tarek El Molla said.

Actual production would begin in the"...

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06 Dec 2017

Minister: Egypt carries out 115 factories in New Nubaria City

Egypt’s Ministry of Housing completed 115 factories in New Nubaria City, 160.9km north of Cairo, with total investments of 2 billion Egyptian pounds ($112.7 million), said Minister Moustafa Madbouly on Tuesday.

These"...

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06 Dec 2017

Exxon moves in Mauritania, eyes Egypt

ExxonMobil has acquired three blocks offshore Mauritania, the super-major announced on Monday.

The price tag of the production-sharing contracts for the C14, C17 and C22 blocks was not disclosed.

“These"...

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