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25 Aug 2015

Scepter Partners Forms Dedicated Merchant Bank for Sovereign Investors and Family Offices

Scepter Partners, a standing syndicate of sovereign investors and ultra-high net worth families, announced today the formation of its core merchant banking division with veteran investment banker Anthony J. Steains and his former Blackstone Advisory Partners Asia team. Mr. Steains will lead"...

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25 Aug 2015

FDA and EMA accept regulatory applications for Boehringer Ingelheim’s Giotrif® / Gilotrif® (afatinib) for treatment of advanced squamous cell carcinoma of the lung

  • Regulatory submissions are based on positive data from LUX-Lung 8 study that showed a significant delay in progression of lung cancer (progression-free survival, primary endpoint) and a significant improvement in overall survival for Giotrif® (afatinib*) compared to Tarceva® (erlotinib)
  • LUX-Lung 8 is a large, prospective Phase III head-to-head...

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25 Aug 2015

Egypt partakes in African Union Ministerial Conference

Egypt will take part, with a high-level delegation from the Ministry of Communications and Information Technology (MCIT) headed by the ICT Minister Khaled Negm, in the Ministerial Conference of the First Regular Session of the African Union Specialized"...

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25 Aug 2015

Sudan urges Egyptian investments in gold extraction sector: CBOS Deputy Governor

Sudan has urged the Egyptian government to seek investments in the gold extraction sector, according to Elgaili Mohamed Elbashir, the Deputy Governor of the Central Bank of Sudan (CBOS).


Elbashir"...

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25 Aug 2015

Ministry of Social Solidarity appoints General Commissioner to oversee EAMA elections

The Ministry of Social Solidarity has appointed a General Commissioner to the Egyptian Automobile Manufacturers Association (EAMA), to oversee the management of the Association Council elections.


General"...

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25 Aug 2015

Study: 92% of doctors in Upper Egypt hospitals dissatisfied with medical services

A study conducted by researchers from Assiut University found out that 92 percent of doctors in 34 hospitals in Minya, Assiut and Sohag are dissatisfied with the medical services provided to citizens, due to the lack of diagnostic and treatment devices, as well as the lack of surgical needs. Former deputy head of Assiut University and head of Upper Egypt Patients'...

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25 Aug 2015

Egypt: Relief for some as Sisi introduces income tax amendments

Egypt's president Abdel-Fattah El-Sisi ratified amendments to the income tax law, lowering the tax ceiling and ending the wealth tax, according to the official gazette published on 20 August.


...

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25 Aug 2015

Renovation of 700 main bridges in Egypt ends by June 2016

The renovation of 700 main bridges determined to be in need of “immediate and rapid” reparations will be finalized by June 2016, Spokesperson for General Authority for Roads and Bridges Abdel Aziz Abdu told The Cairo Post Monday.


"...

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25 Aug 2015

Egypt onions still in warehouses, but local supplies to APMC pick up

Retail onion prices remained unchanged at about Rs 80 per kg on Monday as imports from Egypt, expected to tamp down prices, were still drying at the warehouses at Jawaharlal Nehru Port Trust (JNPT).

"Onions imported from Egypt on Saturday have a high moisture content and it will take"...

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25 Aug 2015

Egypt Scraps Cairo’s Old, Polluting Taxis

Through Egypt’s new national vehicle scrapping and recycling program, older taxis are being replaced by newer vehicles to increase fuel efficiency, reduce air pollution and protect the climate.


The"...

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