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15 Feb 2018

RAK Properties records 10% growth in net profit in 2017

RAK Properties PJSC (ADX: RAKPROP) on Thursday announced its financial results for the full fiscal year of 2017 following its Board of Directors’ meeting which was chaired by H.E. Mohammad Hasan Omran, Chairman of RAK Properties.

RAK"...

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15 Feb 2018

Shahzaib Trunkwala Elected as Vice President of the International Socca Federation

The inaugural meeting of the International Socca Federation (ISF) was attended by 52 representatives from 25 member countries along with 10 countries submitting membership applications. The attendees unanimously lauded the establishment of a global federation for 5, 6, 7 and 8 a-side football"...

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15 Feb 2018

$1 Million Wasted Every 20 Seconds by Organizations around the World

(AETOS Wire)-- The 2018 Pulse of the Profession®, a global survey conducted by Project Management Institute (PMI), reveals around $1 million is wasted every 20 seconds collectively by organizations around the globe due to the ineffective"...

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14 Feb 2018

Egypt issued a tender to purchase vegoils

According to market participants, Egypt’s state buyer GASC has issued a tender to purchase 10 KMT of sunflower oil and 30 KMT of soybean oil, reports UkrAgroConsult. The vegoil is to be delivered between April 1-15, 2018.

"...

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14 Feb 2018

Going for Gold - Australia and Egypt working together to develop the Egyptian mining sector

Australian Ambassador Neil Hawkins is delighted that Australian mining companies are showing increased interest in Egypt’s mining sector. ‘Egypt has huge potential in mining, as the dozens of Australians"...

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14 Feb 2018

Speaker of Egypt's House of Representatives receives UAE Ambassador

Dr. Ali Abdel Aal, Speaker of the Egyptian House of Representatives, received Juma Mubarak Al Junaibi, UAE Ambassador to Cairo, here on Tuesday.

Dr. Aal praised the UAE's unwavering stance in supporting Egypt"...

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14 Feb 2018

Singapore, Egypt sign fintech cooperation pact

THE CENTRAL banks of Singapore and Egypt have signed a cooperation agreement on Fintech.

Under the agreement, the Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBD) may refer fintech companies"...

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14 Feb 2018

Egypt, Russia discuss security, anti-terror cooperation

Egyptian President Abdel-Fattah al-Sisi on Tuesday met with Sergei Naryshkin, chief of Russia's Foreign Intelligence Service, to discuss security and anti-terror cooperation.

Sisi explained to Naryshkin Egypt's"...

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14 Feb 2018

Hilton aims to add 3,000 new rooms in 4 years

Mohab Ghali, vice president of operations of Hilton Egypt and North Africa, said, “the company aims to raise its hotel capacity in Egypt to 9,000 rooms over the next four years, compared to 6,300 rooms in 17 hotels at the moment.”

Ghali"...

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14 Feb 2018

Egy Dairy expands its exports to Saudi Arabia, Sudan this year

The Egyptian Company for Dairy Products & Food Additives (Egy Dairy) is aiming to increase its sales by about 20% this year to EGP 120m, compared to EGP 100m last year.

Karim Mohamed, chief financial officer,"...

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