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23 May 2015

Egypt: State to Host World Economic Forum On Mena in 2016 - Sisi

The 2016 World Economic Forum on the Middle East and North Africa will be held in the Egyptian resort town of Sharm al-Sheikh in May, President Abdel Fattah al-Sisi said on Friday at the 2015 Forum.


This"...

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23 May 2015

Arla Foods, Juhayna to form JV in Egypt for dairy product sales

Arla Foods has agreed to form a joint venture (JV) with Egypt-based dairy company Juhayna to sell its products in the country.


The JV will add cheese, butter and infant formula to Juhayna's existing product portfolio including UHT-milk, yoghurt and juice.


......

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23 May 2015

Al Ahli Bank buying Piraeus Bank Egypt

Kuwait's Al Ahli Bank will pay $150 million for a 98.5 per cent stake in Piraeus Bank's Egyptian unit, a deal which will support its regional expansion and give the Greek lender a much-needed boost to liquidity.


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23 May 2015

Egypt buys 4 million tonnes of local wheat

Egypt’s supplies ministry said on Friday it had bought 4 million tonnes (mt) of local wheat so far in the procurement season which began in mid-April, surpassing its target of 3.7 million tonnes.

Egypt, the world’s largest importer of the grain, will continue to purchase local wheat until mid-July, said Mahmoud Diab, spokesman for the ministry.

The...

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23 May 2015

Egypt’s President: Arab region and international community must work together

The Arab world is facing severe political, economic and security challenges, which countries have to address together with the international community, said Abdelfattah Said Hussein Alsisi, the President of Egypt, to business, government and civil society leaders participating in the World"...

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23 May 2015

Egypt Nile water pollution on the rise

An intensive media and political momentum is taking place in Egypt in regard to the conflict with Nile headwaters countries over securing Egypt’s annual share of the Nile waters. At the same time, the pollution of the Nile River remains a pending issue that is being underscored in Egypt with every water poisoning incident caused by the dumping of"......

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23 May 2015

Feature: Egypt seeks turning mines contaminated areas into developmental projects

A photo of a smiling man with artificial limbs, hand in hand with his child, running in the vast desert, has moved the hearts of the attendees during the commemoration of the 70th anniversary of the WWII in ...

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23 May 2015

Will Saudi Arabia’s Ties With Turkey Push Egypt Away?

The Trumpet has long forecast that the Middle Eastern nations will divide into two main camps: The first will be led by Iran and will include Iraq, Libya and Egypt. The second will include Saudi Arabia, Turkey, Jordan, Lebanon, Syria and the Gulf states."...

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23 May 2015

Art group helps keep Greek culture alive in Alexandria, Egypt

In the heart of Alexandria, the Greek quarter represents a slice of Greece in Egypt stretching from the Consulate and the Club to the Tositsas-Pratsikeios elementary school and the Averoff middle and high school, including Greek businesses and homes, the Manna retirement home, the last residence of the poet C.P. Cavafy (now a museum), the Hellenic Foundation"......

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