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19 Aug 2015

Kyriba Surpasses 1,000 Clients Worldwide, Continues Rapid Growth

Kyriba Corp., the global leader in cloud Proactive Treasury Management, announced that it now has more than 1,000 organizations and 45,000 users worldwide, making it the world’s largest single platform treasury management software solution. Kyriba added nearly 100 new clients in the first half of 2015. More than any other single"......

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18 Aug 2015

Seiko Instruments (SII) Releases New LDO Regulator with Reset Function in Smaller Package for Automotive Applications

(ME NewsWire)-- Seiko Instruments Inc. (SII) announced the release of the S-19311 Series automotive high input 36V LDO regulator with reset function, adopting a newly developed compact package TO-252-5S with high heat dissipation."...

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18 Aug 2015

A.M. Best Briefing: Sanctions Removal to Attract Insurers and Reinsurers to Iranian Market

The lifting of trade restrictions placed on Iran may present a significant opportunity for the Middle East and North African (MENA) (re)insurance market, with European participants also expected to re-engage and seek a foothold in the country.

Following"...

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18 Aug 2015

MANN+HUMMEL Agrees to Acquire Affinia Group

  • Approximately USD 1 billion added to MANN+HUMMEL’s top line
  • Companies employ 20,000 worldwide
  • Global presence with complementary customer relationships and competencies
  • Combined 150 years of filtration know-how

The MANN+HUMMEL Group, ...

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18 Aug 2015

Parisian Shoe Brand, Bensimon Launches in Middle East

Bensimon, a brand of French heritage and an emblem of Parisian fashion, launches its iconic canvas shoe collection, Bensimon for the first time in the Middle East at Level Shoe District and House of Fraser. The lifestyle brand was launched in the seventies by Serge Bensimon in Paris.

...

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18 Aug 2015

Egypt's stock market makes slight retreat after Sunday's plunge

The Egyptian stock exchange's benchmark index EGX 30 dropped by 0.42 percent on Monday, after heavy buying by investors.


EGX 30 went down to 7,594 points, while the small and middle enterprises index EGX 70 and the broader EGX 100 also both fell by 0.02 and 0.62 percent, respectively.


"......

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18 Aug 2015

Keeping Up Connect With Arab World, Sushma Swaraj to Visit Egypt

India is readying for a major foray into the Arab world as part of its 'Link West' policy. After Prime Minister Narendra Modi's visit to the United Arab Emirates in his maiden visit to the Arab world, External Affairs Minister Sushma Swaraj will go to Egypt on August 23.

Thereafter, she will proceed to Germany.

Terrorism"...

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18 Aug 2015

Egypt, NAFTA to discuss economic cooperation Tuesday

A roundtable will be held Tuesday at the international business center of the Smart Village with member states of the North American Free Trade Agreement (NAFTA).


The meeting is organized by Global Trade Matters (GTM) with the aim to explore new opportunities for developing economic relations between Egypt and"......

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18 Aug 2015

VSUN Mobility launches Egypt operations

Dubai-headquartered VSUN Mobility, a global manufacturer of smartly priced new-generation smartphones, recently launched full fledged operations in Egypt by opening state of the art offices in Cairo and appointing International Business Systems (IBS), a leading Egyptian distributor, as Exclusive Partner.

The highlight of the event was the unveiling of...

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18 Aug 2015

Egypt's governments signs 56 MoUs for PV projects totaling 2.2 GW

Egypt’s Ministry of Electricity has signed 56 memorandum of understanding for the construction of wind and PV power plants with a combined capacity of4,300 MW across the country, according to The Cairo Post. These projects were selected through the country’s first gigawatt-scale renewable energy call for tenders. In January,"...

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