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22 May 2015

Conrad Hotels & Resorts Attains Smart Luxury Vision with New Chicago Property Steps off Michigan Avenue

Conrad Hotels & Resorts, Geller Investment Co., LLC, and Wanxiang America Real Estate Group today announced plans to open a new Conrad Chicago, expected to begin hosting global travelers in spring 2016. Overlooking North Michigan Avenue on Erie Street, the stunning new Conrad Chicago will provide guests with"......

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22 May 2015

Cook Medical Welcomes Progressive Medical Device Single Audit Program

Cook Medical is pleased to be one of the global medical device companies to collaborate internationally with regulatory authorities on the Medical Device Single Audit Program (MDSAP).


The"...

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22 May 2015

Lenovo Delivers Solid Fourth Quarter and Full Year 2014/15 Results

  • Record full year revenue: US$46.3 billion, up 20 percent
  • Pre-tax income before non-cash, M&A-related accounting charges* of US$1.14 billion and pre-tax income of US$971 million for the full year
  • Net income before non-cash, M&A-related accounting charges* of US$997 million and net income of US$829 million for the full year
  • PC...

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21 May 2015

Egypt permits private sector to import natural gas

Egypt has given the private sector a green light to import natural gas or liquefied natural gas (LNG), a government official said, a step that could encourage private investment in the energy sector while easing energy shortages.

Declining energy production, held back by a lack"...

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21 May 2015

Knauf targets $15m gypsum boards sales through new Egyptian factory

Sales from German company Knauf’s recently opened factory in Suez could reach $15m in Egypt and Africa during the first year of production, said Alexander Knauf, Managing Partner of the company.


...

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21 May 2015

Franchise Exhibition kicks off Wednesday

The 13th MENA International Franchise Exhibition (MIFE) kicked off Wednesday in Cairo, lasting for four days, until 23 May.

Total investments in the past few years in the franchise industry in Egypt amount to EGP 60bn, from international and local companies. Companies that operate"...

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21 May 2015

COMESA economic investment forum in Egypt next October

The Ministry of Investment is studying the possibility of holding an economic investment forum for the COMESA in Egypt next October, said Minister of Investment Ashraf Salman.


“1,500"...

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21 May 2015

€2.6m from UNDP to clear Egypt’s World War II landmines: Country manager

The United Nations Development Programme (UNDP) will provide €2.6m to support the second phase of the Demining & Development national programme on the North-West Coast, according to Ignacio Artaza, UNDP Egypt Country Director.


"...

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21 May 2015

Egypt confirms no rise in fuel prices associated with smart cards

Egypt is to implement the long-planned smart card system for fuel at gas stations on 15 June.

Egypt's newly planned smart card system for fuel consumption will not result in a price hike and will not be used to limit the amount of fuel allocated"...

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21 May 2015

Egypt moves towards online porn ban

An Egyptian administrative court on Wednesday ordered that the prime minister take the necessary measures to censor pornography websites inside Egypt, just two years after the same court decided not to ban them in another case.


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