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13 May 2015

Dimension Data and NTT DATA Join Forces to Deliver New Cloud Solutions to SAP Clients

Dimension Data, the USD 6.7 billion global ICT solutions and services provider, and its sister NTT Group company, ......

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12 May 2015

AfDB mulls $170 million Finances for Egypt Power, Infrastructure Projects

The African Development Bank Group is studying US$170 million in finances for two projects in Egypt, a senior source from the bank told Amwal Al Ghad Monday.


The two projects, worth more than US$600 million, could be included in the AfDB’s strategy to provide financing for infrastructure and energy projects"......

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12 May 2015

Egypt’s ‘Mortgage Development Partners’ Conference starts May 12

With the theme of “Mortgage Development Partners,” Egypt’s second conference of “Partnership for Development” initiative will take place May 12, under the auspices of the country's regulator, the Egyptian Financial Supervisory Authority (EFSA) and the Mortgage"...

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12 May 2015

BG to retain rights to Rosetta offshore Egypt

BG Group has issued an update on its first-quarter offshore activities.


In March, the company signed a tie-in agreement with BP Egypt and RWE DEA to use the West Delta Deep Marine"......

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12 May 2015

Total renews lubricants supply deal with Auto Egypt

Total Egypt has renewed its five-year contract with Auto Egypt, a member of El Kasrawy Group, to remain the leading Nissan authorised dealers sole supplier of lubricants.

According to the agreement extension, Total Egypt will provide Auto Egypt with all required performance engine oils including Quartz Family, Rubia Family, Cooling and Transmissions...

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12 May 2015

UAE offers $1.43bn to build 50,000 homes in Egypt

The UAE has signed a cooperation pact with Egypt’s Ministry of Housing to finance the construction of 50,000 residential properties in 17 governorates at a value of EGP11 billion ($1.43 billion), a report said.

According to the agreement, the constructed properties will belong to the Social Housing Fund, added the Daily News Egypt report, noting...

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12 May 2015

Egypt's national telecoms will be majority-controlled by defense ministry

The Defense Ministry has given itself a majority stake in the new national entity controlling the national telecommunications infrastructure, according to daily business newspaper Al Borsa.

Under a new amendment submitted by the ministry, the role of big telecom companies would be greatly limited both in terms of stake"......

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12 May 2015

Goodyear celebrates 10 years in Egypt, offers new tyres

Jean-Denis Perche, General Manager of Goodyear Middle East and Africa, announced the launch of the new Goodyear Eagle Sport tyres, their newest model, in the Egyptian market. Speaking on the margins of the company’s celebrations of 10 years since it entered the Egyptian market, Perche"...

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12 May 2015

Mercedes Benz enters Algeria after exiting Egypt

Mercedes Benz is suspending its activities at the Egyptian-German Automotive (EGA) factories after a decision by Mercedes Benz International in 2010 to transfer its activities to Algeria instead of Egypt. The Mercedes Benz trademark was removed from EGA factories last December.


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12 May 2015

90% of cement factories agree to use coal in their production: Industrial Development Authority

“90% of cement factories have agreed to use coal in their production, the Industrial Development Authority is facilitating the rehabilitation of factories in that regard and in quantifying the necessary amounts,” said head of the Industrial Development Authority, Ismail Gaber.

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