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15 Aug 2017

Egypt plans to complete railway system upgrade by 2022: ministry spokesman

Egypt hopes to complete a plan to modernise the country’s railway system infrastructure by 2022, Transport Ministry spokesman Mohamed Ezz said Sunday.

The upgrade plan will mainly involve boosting the manpower"...

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15 Aug 2017

Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund

Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund, Egypt Ventures, which the Ministry of Investment and International Cooperation is set to launch soon, unnamed government officials told Al Borsa on Sunday.

"...

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15 Aug 2017

Egypt sees sharp rise in trade volume with China

The volume of trade exchange between Egypt and China recorded 5.178 billion dollars from January to June 2017, state news agency MENA reported on Monday.

China's exports to Egypt decreased by 20.79 percent on"...

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14 Aug 2017

Dubai Health Authority Implements Masimo Patient SafetyNet™

(ME NewsWire)-- Masimo (NASDAQ:MASI) announced today that the Dubai Health Authority (DHA), the government organization that oversees the healthcare systems of Dubai, is augmenting its current inventory of Masimo equipment and technology with the implementation of Masimo Patient SafetyNet™*, a supplemental remote monitoring and clinician notification system, at two hospitals in Dubai. Masimo Patient SafetyNet enables information from bedside monitors, such as Masimo Root® with the Radical-7® or wearable Radius-7® Pulse CO-Oximeter®, to be accessible from a central viewing station. When changes occur in measured values,......

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14 Aug 2017

Egypt to reduce imports of LNG to 80 cargoes in 2017/18 year

Egypt is planning to import 80 cargoes of liquefied natural gas during the 2017-18 financial year that began in July, Petroleum Minister Tarek El Molla told Reuters on Sunday, down from the"...

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14 Aug 2017

Egypt launches first state-run takaful insurance firm

Egypt’s first government-owned takaful insurance company is expected to commence operations within six months, Egyptian Minister of Public Sector Affairs Ashraf El-Sharkawy said on"...

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14 Aug 2017

Egypt replaced Pakistan as world top exporter of potatoes

Egypt managed to increase its horticultural exports in the first half of this year by 20% to 3.6 million tonne up from 3.1mn tonne in the same period last year, according to latest report issued by Ministry of Agriculture and Land Reclamation.

The"...

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14 Aug 2017

Sahar Nasr discusses setting up waste recycling plant with Chinese firm

Minister of Investment and International Cooperation, Sahar Nasr met on Saturday with China's Tianjin Waste Recycling Company’s delegation headed by the company's general manager, Hoover Kay at the ministry's headquarters in Cairo.

Kay pointed out that his"...

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14 Aug 2017

New mechanism to facilitate trading in Egyptian Exchange

Head of the Egyptian Exchange Mohmed Farid agreed with chairman of Misr for Central Clearing Mohmed Abd El-Salam to carry out a plan for facilitating trading in Egypt's capital market through putting in place a program for upgrading trading mechanisms.

Salient"...

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14 Aug 2017

OLX reveals exclusive mid-year report on Egyptian property market trends

OLX Egypt, the leading classifieds platform in Egypt, revealed the detailed property market trends report for the first half of 2017 (January to June 2017). The report presents statistics of the performance of property buyers and sellers in the market from data accumulated on the classified"...

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