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05 Apr 2018

Egypt, Sudan and Ethiopia FMs talk Nile dam impasse

Egyptian Foreign Minister Sameh Shoukry arrived on Wednesday in Sudan for a two-day visit to discuss a massive dam that Egypt fears will cut into its share of the Nile.

The meeting is being attended by chiefs of intelligence"...

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05 Apr 2018

Attijariwafa Bank, Expolink sign MoU to boost Egypt’s exports to Africa

The Attijariwafa Bank group signed a Memorandum of Understanding (MoU) with the Egyptian Exporters Association (Expolink) to cooperate in boosting Egypt’s exports to Africa.

Under the agreement, Attijariwafa"...

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05 Apr 2018

China, Egypt mull establishing fodder factory in Luxor

Luxor Governor Mohamed Badr held a meeting with a Chinese delegation to discuss the establishment of a fodder factory at Luxor’s industrial zone.

The Chinese delegation was headed by Li Zhongsheng, vice chairman"...

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05 Apr 2018

10 global firms win Egypt’s Ain Sokhna- Alamein railway line mandate

Egypt’s Ministry of Transport says it has mandated 10 global firms to carry out Ain Sokhna- Alamein high-speed railway line project within the upcoming period, with expected investments worth around $3.5 billion.

Transport"...

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05 Apr 2018

Egypt’s property developer Tameer starts executing Dyar in 6th October City

Egypt’s Tameer has started carrying out its fully-fledged residential flagship Dyar in Sixth of October City, 38km (23.6 miles) from the centre of Cairo, managing director Antoine El Khoury said Wednesday.

Established"...

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05 Apr 2018

Ministry of Trade delegation attends Arab-Brazil Economic Forum in Sao Paulo

Through a large delegation comprised of representatives of the Ministry of Trade and Industry, Egypt participated in the events of the Arab-Brazil Economic Forum organised by the Arab-Brazilian Chamber of Commerce in Sao Paulo, in the presence of Brazilian President Michel Temer, in cooperation"...

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05 Apr 2018

Mint productivity to increase to meet domestic demand coin demand: report

Australian ambassador to Egypt confirms his country’s desire to increase cooperation and investment with Egypt

A detailed report received by Minister of Finance Amr El-Garhy from the Ministry of Finance’s"...

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05 Apr 2018

How much do retailers make selling Oppo F5?

Oppo is one of the newest mobile phone companies in the Egyptian market. However, it seems that it has studied the market well and was able to understand its nature and ways of achieving sales and acquiring a market share of smartphone sales in Egypt. Over 80% of the sales in the Egyptian"...

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05 Apr 2018

SES Shareholders Approve All Resolutions at Annual General Meeting

(AETOS Wire)-- SES (Euronext Paris and Luxembourg Stock Exchange: SESG) held its Annual General Meeting (AGM) today in Betzdorf, Luxembourg. The shareholders approved all proposed resolutions, notably the company's 2017 accounts and the proposed dividend of EUR 0.80 per A-share, which will be paid to shareholders on 25 April 2018. Further to the decision to reduce the number of directors from 18 to 15, shareholders re-elected five new directors for a three year term: Serge Allegrezza, Hadelin de Liedekerke Beaufort, Conny Kullman,......

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05 Apr 2018

Ferring Acquires Innovative Biotechnology Company and Microbiome Pioneer Rebiotix Inc.

  • Rebiotix’s RBX2660 is a non-antibiotic treatment in Phase 3 development for the prevention of recurrent Clostridium difficile infection (CDI) and has the potential to be the world’s first approved human microbiome product
  • CDI is one of the most common healthcare-associated infections in the US, affecting more than 500,000 people...

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