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17 Aug 2014

Egypt holds economic summit next month - Finance Minister

Egypt will hold an economic conference next month with investors flying in from almost all parts of the world, Finance Minister Hani Dimian said on Saturday.


The conference will operate under the title "Egypt's economic summit."

"The Egyptian market is attractive to investors and guarantees"......

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17 Aug 2014

Egypt holds economic summit next month - Finance Minister

Egypt will hold an economic conference next month with investors flying in from almost all parts of the world, Finance Minister Hani Dimian said on Saturday.


The conference will operate under the title "Egypt's economic summit."

"The Egyptian market is attractive to investors and guarantees"......

Continue Reading

17 Aug 2014

Egypt's Qalaa Holdings Q1 net loss widens by 7%

Egypt's Qalaa Holdings, formerly Citadel Capital, widened its first quarter net loss by 7 percent to LE231.9 million (32.43 million US dollar) compared to the same period a year earlier, the firm said in a statement.


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17 Aug 2014

Egypt's unemployment slows in Q2/2014 to 13.3 pct

Unemployment in Egypt drops slightly, but Egypt remains far from the growth rates necessary to match job creation to its growing labour force.

Egypt’s unemployment rate shrank slightly in the second quarter (Q2) of 2014 by 0.1 percent to register 13.3 percent, state-run statistics body CAPMAS announced Saturday.

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17 Aug 2014

Trade row pits Kenya against Egypt

Kenya and Egypt are headed for a trade dispute that could affect the former’s tea exports following allegations that Cairo is importing sugar from Brazil and exporting it to Kenya as its own after repackaging.


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17 Aug 2014

Egypt's power crisis worsened by Brotherhood attacks on pylons: Interior ministry

Militants attack electricity pylons, claims government, adding to shortage already heightened by increase in temperature and fuel shortage.

The interior ministry announced on Saturday that it has discovered six "terrorist cells” that target electricity pylons, as Egyptians continue to suffer from intermittent power cuts.

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17 Aug 2014

Brand Lounge, Dubai, Takes the Market by Storm Winning 4 International Branding Awards

On the 31st of July 2014, Brand Lounge once again evidenced to the region that its efforts and drive for excellence eventually pays off, thus winning 4 global brand excellence prizes at the World Brand Congress in Pan Pacific, Singapore.


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17 Aug 2014

Enhancement of Security Cooperation between UAE and India Discussed

This morning at the ministry’s headquarters, Lt. General Saif Abdullah Al Sha’far, Undersecretary at the Ministry of Interior, met T. P. Seetharam, the Ambassador of India to the United Arab Emirates.


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16 Aug 2014

Egypt: Industry Minister - Qastal Crossing to Be Inaugurated On August 25

The Qastal crossing on the borders between Egypt and Sudan will be inaugurated on August 25th, said Industry and Trade Minister Mounir Fakhry Abdel-Nour.


The crossing would greatly contribute to activating the trade movement between the two countries, affirmed Abdel-Nour in a statement issued by the Industry and"......

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16 Aug 2014

Egypt: Work Underway to Establish Strategic Roads Network

Minister of Planning, Follow-Up and Administrative Reform Dr. Ashraf el-Araby said on Thursday 14/08/2014 that the General Authority for Roads and Bridges (GARB) has started establishing the strategic roads network, which comprises 15 projects.


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