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19 Oct 2014

Sales at public business sector companies reach EGP 48m: Hanafy

Public business sector companies sales represented by clothing complex Sednaoui and at 3,000 other retail shops, reached EGP 48m during the summer sale, Minister of Supply Khaled Hanafy said Saturday.


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19 Oct 2014

Tamar group looks to sell gas to Egypt via EMG pipeline

The partners in Israel's offshore Tamar gas field said on Sunday they are negotiating the sale of at least 5 billion cubic metres (bcm) of gas over three years to private customers in Egypt via an old pipeline built to send gas in the other direction.


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19 Oct 2014

Minister says market retreat is an exaggerated reaction to global markets tumble

Egypt's investment minister Ashraf Salman said that the retreat by the stock exchange is a natural reaction to the decline in global markets due to fears of recession, AlAhram gate reported on Saturday.


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19 Oct 2014

Employment challenges in MENA linked to economic governance: World Bank

Employment challenges in the Middle East and North Africa (MENA) region are linked to economic governance challenges, Inger Andersen, World Bank’s MENA Regional Vice-President said in a recent statement.


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19 Oct 2014

CBE keeps rates on hold, monitoring risks from global growth jitters

Egypt's central bank kept its main interest rates unchanged at a policy meeting on Thursday but said it was keeping an eye on the risks to recovery posed by mounting concerns about the global economy and fears of a resurgence in European debt problems.


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19 Oct 2014

KidZania Cairo is attempting to break new world record

KidZania Cairo is celebrating a year of operation in Egypt; in KidZania Cairo inside Cairo Festival City on Saturday 25th October at 11 a.m. This celebration carries a special nature and an important message: ‘Celebrating one year of empowering Egyptian children’.


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19 Oct 2014

Samsung Electronics Egypt signs protocol to launch SONO School

Samsung Electronics Egypt, a market leader and award-winning innovator in consumer electronics, signed a protocol as part of its corporate social responsibility initiatives in cooperation with Ain Shams University Hospital to provide the hospital’s dedicated ultrasound fetal unit with"...

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19 Oct 2014

Egypt signs contracts with six firms for new Suez Canal project

The Egyptian government has signed contracts with six international firms to carry out the dredging of the new Suez Canal, the head of the Suez Canal Authority said yesterday.

The six companies, in a consortium named “Challenge Coalition”, are National Marine Dredging Company of the United Arab Emirates; Royal Boskalis Westminster and Van...

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