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11 Feb 2017

Egypt signs deal with African Development Bank to restructure state's social lender

Egypt's International Cooperation Minister Saher Nasser signed a grant deal with the African Development Bank on Thursday to restructure the state's Nasser Social Bank, the ministry stated on its website.

Under"...

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11 Feb 2017

FCO says 'restrictions on civil society worsened' in Egypt in 2nd half of 2016

UK's Foreign and Common Wealth Office (FCO) updated on Wednesday the 'Human Rights Priority Countries Report' to cover the period between July and December 2016, during which 'restrictions on civil society worsened significantly' in Egypt.

The"...

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11 Feb 2017

Minister for North Africa statement on the closure of the Nadeem Centre in Egypt

FCO Minister Tobias Ellwood deeply concerned by the decision of the Government of Egypt to close the Nadeem Centre for Rehabilitation of Victims of Violence.


Foreign Office Minister, Tobias Ellwood, said:

"...

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11 Feb 2017

Egypt said to clear backlog of investors repatriating funds

Egypt has cleared the backlog of investors seeking to repatriate funds, a central bank official said, a further indication that the shortage of hard currency that crippled the economy is easing.

The official, who"...

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11 Feb 2017

Egypt to import LNG

According to the latest Bloomberg report, Egypt plans to import as many as 108 cargoes of LNG this year as the country prepares to start producing at two gas fields and move closer to its goal of self-sufficiency and even exports by 2019.

Egypt"......

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11 Feb 2017

‘Egypt’s Sunken Mysteries’ exhibition opens in Zurich

Antiquities Minister Khaled al-Anany held on Thursday a press conference at Rietberg Museum in Zurich, hours ahead of opening the Egyptian antiquities museum‘s exhibition ‘Osiris - Egypt’s Sunken Mysteries’, that was opened to the public on Thursday evening.

...

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09 Feb 2017

Yamaha Motor Establishes Highly Profitable Business Structure

Yamaha Motor Co., Ltd. (TOKYO:7272) (ISIN:JP3942800008) announced today that in its fiscal 2016 year, which finished on December 31, net income increased 5.2 percent to 63.2 billion yen thanks to business expansion in emerging markets and improved profitability in various business sectors. Net sales decreased 7.9 percent"......

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08 Feb 2017

Egypt to hold international tender for Iron and Steel restructuring in 6 weeks

Egypt will hold an international tender for restructuring one of the country’s largest public companies, Egyptian Iron and Steel Company (HADISOLB) within six weeks, minister of public sector affairs announced Tuesday.

HADISOLB"...

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08 Feb 2017

Poland delegation in Egypt in May to discuss Suez Canal investments

A delegation of 80 Polish firms will be visiting Egypt in May to discuss investment opportunities in Suez Canal development axis project, said head of Egyptian Commercial Office in Warsaw on Wednesday.

Those firms"...

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08 Feb 2017

Who will dictate religious discourse in Egypt?

Al-Azhar Mosque and the Egyptian Ministry of Religious Endowments (Awqaf) have been at odds over which institution should determine the content of Friday sermons. Now the tension is growing, as the ministry has officially declared itself in charge.

Without"......

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