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07 Oct 2014

EU IV – Art of War Will Reshape Arabia and Egypt

Art of War is shaping up to be the biggest expansion in terms of new content launched for Europa Universalis IV, and the team at Paradox Development Studios is ready to offer more information on the changes that it is making to the map, this time with a focus on the Near East, Arabia and"...

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07 Oct 2014

Egypt participates in African trade meetings

Egypt will participate in the Tenth Meeting of the Trade Negotiations Forum with three African blocs scheduled to take place in Burundi this October.


The announcement was made by Saeed Abdullah, Chairman of the Trade Agreements and Foreign Trade Sector at the Ministry of Trade and Industry. It will see Egypt talk"......

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07 Oct 2014

3 finance institutions request private sector project funding: Finance Minister

Finance Minister Hany Kadry Dimian has stated his Ministry received requests from the three largest financial institutions in the world to participate in financing and constructing private sector projects.


"...

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07 Oct 2014

International financial institutions offer projects in Egypt through PPP

Egypt has received requests from the largest three global financial institutions to participate in financing and constructing public projects through public-private-partnership (PPP), Finance Minister Hany Qadry Dimian said in a statement on Monday. The institutions are the International Finance Corporation (IFC), the European Bank for Reconstruction and Development...

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07 Oct 2014

UAE's Gulf Capital acquires stake in Egypt's MEG

Gulf Capital, the Abu Dhabi-based alternative investment firm, announced it has acquired a minority stake in Egypt's Middle East Glass Manufacturing (MEG), though the company did not disclose the percentage of the stake it bought or how much the firm paid for it, Arabian Business reported.

MEG"...

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07 Oct 2014

Egyptian expat remittances hit highest level ever, boosts economy

Remittances from Egyptians working abroad rose to its highest level ever, boosting their home economy according to new Central Bank data. The remittances registered a high of US$18.45 billion in fiscal year 2013-2014, compared with $18.4 billion during the 2012-2013, according to a statement by the central bank.

“Remittances play a big role in...

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07 Oct 2014

EGAS pumps $4 billion to increase gas production in 2014/2015

The state-owned firm Egyptian Natural Gas Holding Company (EGAS) plans to increase its gas production with investment worth US$4 billion during the year 2014/2015, said EGAS Chairman Khaled Abdel Badie said in a statement on Thursday. EGAS Chairman explained that the company has finished four projects among the 10 projects for natural gas which will be developed...

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07 Oct 2014

Coty Inc. Offers to Buy Bourjois Cosmetics Brand from CHANEL to Strengthen Its Global Leadership Position in Color Cosmetics

(ME NewsWire) -- Coty Inc. (NYSE:COTY) and CHANEL today announced that Coty has submitted a binding offer to acquire the Bourjois cosmetics brand from CHANEL for 15 million Class A Coty shares. CHANEL has agreed to enter into exclusive"...

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07 Oct 2014

The Estée Lauder Companies Inc. Appoints Nancy Mahon to Senior Vice President, Global Philanthropy and Corporate Citizenship

The Estée Lauder Companies Inc. (NYSE:EL) announced today the appointment of Nancy Mahon to Senior Vice President, Global Philanthropy and Corporate Citizenship, reporting directly to William P. Lauder, Executive Chairman, The Estée Lauder Companies Inc. Ms. Mahon will continue"...

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07 Oct 2014

Patton Will Unveil Self-Provisioning CPE at BroadSoft Connections

Patton’s split configuration domain on SmartNode E-SBCs enables secure touchless turn-up of BroadWorks SIP trunks with remote management all the way to the customer premise.


SmartNode™…"...

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