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11 Nov 2014

SoundHound Rolls Out Immersive Redesign

SoundHound Inc., a pioneering company in sound recognition and search technologies, launched a new version of its music search, discovery and play app today. Evolving beyond its trademark music and sing/hum identification, SoundHound has developed into the gateway to all-things music, with a modern and intuitive"......

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11 Nov 2014

Tercel Launches Premium Roller Cone Bits at ADIPEC

Tercel Oilfield Products today announced the release of its new Premium series Roller Cone Drill Bits. Tercel’s premium bearing roller cone bit line has - at its foundation - precision machined bearing races that are matched to provide the optimum fit and finish for extended operations,"...

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10 Nov 2014

Shell will not proceed with deep water research, exploration in Egypt

Shell Egypt Chairman Jeroen Regtien stated on Friday that “Shell will not apply to any tenders for research and exploration in areas other than the Western Desert”.


The"...

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10 Nov 2014

Egypt consumer inflation rises to 11.8 % in October


Egypt's annual urban consumer inflation quickened to 11.8 percent in October from 11.1 percent in September, the official statistics agency CAPMAS said on Monday.


Inflation fell in September after a rise this summer triggered by"......

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10 Nov 2014

Kuwaiti investors threaten Egypt with lawsuit over land


Kuwaiti investors who own 26,000 acres of land in Ayat, Giza, intend to prosecute Egypt in international courts. In comments to Daily News Egypt, Hany Sarie-Eldin, head of Sarie-Eldin and Partners Legal"...

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10 Nov 2014

BP Egypt to invest $240m

BP Egypt has won two new exploration blocks as a result of the 2013 Egas bid round, where the company and its partners have committed to invest a total of $240 million in the blocks over different phases.


...

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10 Nov 2014

Egypt to open Sphinx area to tourists again


Egypt will soon open to tourists the courtyard in front of the Sphinx, the colossal monument which has been under restoration for nearly four years, officials said on Sunday.


Carved from a single ridge of stone, the Sphinx is one of"......

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10 Nov 2014

Transparency Int'l Denounces Egypt’s Intention to Restrict Civil Society Activities

Transparency International has denounced the Egyptian government’s intention to restrict civil society activities as the deadline for NGOs to register under a controversial law expires"......

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10 Nov 2014

UAE’s Aabar acquires 5.1% stake in Palm Hills Development

UAE-based Aabar Investments PJS has acquired a 5.1% stake in real estate company Palm Hills Development, which is listed in the Egyptian Stock Exchange, Palm Hills announced on Sunday.

Palm Hills Development said in a statement that the deal reflects the Egyptian real estate sector’s"...

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10 Nov 2014

Sudanese businessmen to invest in grains, food commodities in Egypt

A group of Sudanese businessmen and investors are interested in signing agreements with Egypt to invest in the national project to build a global logistics center for grain and food commodities in Damietta, said Saud Albrair, president of the union of Sudanese businessman. Albrair said after a meeting with Minister of Supply and Internal Trade Khaled Hanafy...

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