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06 Jun 2017

Mobile Technology Comes to Life for Local Consumers at Mobile World Congress Shanghai

(ME NewsWire)-- Visitors seeking the latest and greatest in mobile technology will get the opportunity to try out the newest devices, gadgets and experiences at the upcoming GSMA Mobile World Congress Shanghai, taking place at the Shanghai"...

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06 Jun 2017

Lenovo to increase its market share to 14% by year end

The Egyptian market is one of the most important markets in the Middle East for the Lenovo company, where growth opportunities are rapid, especially that there are more than 90 million subscribers to mobile services in the country, and smartphone acquisition accounts for 50-60% of the market’s"...

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06 Jun 2017

TIEC incubates 8 emerging companies in field of smartphone applications

Eight new companies have joined the technological incubators programme in the Technology Innovation and Entrepreneurship Center (TIEC), which is affiliated to the Information Technology Industry Development Agency (ITIDA), after they won the award for the best innovative ideas in the field"...

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06 Jun 2017

EGP 90bn revenues of implementing “reconciliation on building violations” law

The average revenue of implementing the “reconciliation on building violations” law is estimated at EGP 90bn, according to Adel Badawy, a member of the parliament’s Housing, Public Utilities, and Reconstruction Committee.

The"...

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06 Jun 2017

Some Egyptian banks halt dealings with Qatari banks after rupture

Some Egyptian banks halted dealings with Qatari banks on Monday, four Cairo-based bankers said, responding to Cairo’s announcement that it had cut ties with Qatar, accusing it of supporting terrorism.

Egypt’s action, announced in the early hours of Monday, was coordinated"...

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06 Jun 2017

Kenya Airways signs code share deal with Egypt Air

Effective immediately have EgyptAir, notably a Star Alliance member, and Kenya Airways, a member of SkyTeam, signed a codeshare agreement under which a KQ flight number will now be attached to the four weekly flights between Cairo and Nairobi, operated by Egypt’s national airline....

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06 Jun 2017

World Bank projects Egypt’s economy to grow at fastest regional pace by 2018

World Bank projected Egypt’s economy to grow at the fastest pace in the region, bolstered by a sharp recovery in investments, according to a recent report issued by the bank.

The World Bank’s latest Global"...

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06 Jun 2017

Aquaterra, PICO deliver minimal platform offshore Egypt

Aquaterra Energy has supplied and installed a new Sea Swift platform at the Amal field in the Gulf of Suez offshore Egypt. The client was PICO Petroleum Integrated Services, lead contractor for Amal Petroleum Co.’s (AMAPETCO) Amal field development. The Sea Swift is a conductor supported platform (CSP) installed in 23 m (75 ft) of water, featuring a 385-metric ton (424-ton) topsides with a helideck and emergency accommodation and provision for six wells. According to Aquaterra, the scope of work included designing the process, piping, electrical, instrumentation, control system and technical safety features, and design of the new subsea......

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06 Jun 2017

Egypt begins fuel, electricity subsidy with $8b, 80 pounds in 2017 budget

Egypt says it has allocated 145 billion Egyptian pounds ($8 billion) for fuel subsidies and 80 billion pounds for electricity subsidies in its budget for the 2017-18 fiscal year.

A cabinet statement on Monday in Cairo"...

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06 Jun 2017

Area evacuated as residential tower topples in Egypt

Army engineers and one of Egypt’s leading contractors faced the delicate task of dismantling the top floors of a residential tower in Alexandria after it toppled last week, coming to rest against a building across the street.

Inhabitants"...

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