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27 Jan 2016

13% expected growth in ICT sector in 2016: Negm

Former minister of Communications Khaled Negm said the parliament should prioritise the communications sector’s legislations, mainly the new communications law, the law combating IT crimes, in addition to laws guaranteeing transparency and access to information.


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27 Jan 2016

Dubai, Egypt market regulators sign cooperation deal

Egypt’s market watchdog, Egyptian Financial Supervisory Authority (EFSA) has signed Tuesday a cooperation agreement with Dubai Financial Services Authority (DFSA).


On the sidelines of the Emerging Markets Committee Conference of world's largest organisation of financial regulators (IOSCO) running in the Indonesian"......

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27 Jan 2016

Egypt boosts investments in Africa with 9 agreements

Egypt has signed nine agreements with a number of African states within the last period to enhance and protect investments there, Investment Minister Ashraf Salman said Tuesday.


The"...

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27 Jan 2016

Egypt raises cap on forex deposits for imports

Egypt's central bank said on Tuesday it would raise its cap on foreign currency deposits to $250,000 a month specifically for imports of food, capital machinery, manufacturing components and medicines to help them settle their bills.

In February the central bank imposed capital controls and limited dollar-denominated deposits to $50,000 a month to...

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27 Jan 2016

Egypt army chief discusses military cooperation with Pakistan general

Egyptian Minister of Defence Sedki Sobhi met on Tuesday in Cairo with General Rashad Mahmood, the chairman of the Pakistani Joint Chiefs of Staff Committee, where they discussed military cooperation between Egypt and Pakistan.

The two officials also discussed the latest developments"...

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27 Jan 2016

Orient Takaful wins UNB-Egypt’s $63.8 million insurance policy bid

Egypt’s Orient Takaful Insurance Company has renewed an insurance coverage agreement with the Union National Bank of Egypt (UNB), the insurer’s senior vice president Walid Sayed Moustafa on Tuesday.


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27 Jan 2016

Egypt’s Arab Contractors completes phase II in Kuwait $859mn Al-Jahra Road

Egypt’s leading construction firm, Arab Contractors has completed the second phase of a road project in Al-Jahra, 32 kilometres (20 miles) west of Kuwait City in Kuwait.


Aiming"...

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26 Jan 2016

UAE based company finds and takes down fake profiles for a leading Private Sector organizations – Highlighting the dangers of senior managers posting their pictures online

The dangers of people posting their personal photos and information on social media have been highlighted in the press internationally. These dangers are just as common in UAE and their impact can be just as devastating; including, but not limited to, destroying careers, family relationships"...

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26 Jan 2016

SPF Realty Showcases ‘Viridian at the Fields’ By G&Co. at the Dubai Realty Show In Hong Kong

SPF Realty, the leading real estate player in the Middle East, represents the region’s premium property developer G&Co at the debut edition of the Dubai Property Show in Hong Kong, showcasing Dubai’s most-sought-after"...

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