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11 Aug 2016

Phase I Clinical Trials Underway for First MERS Treatment

SAB Biotherapeutics, Inc. (SAB), a leading biopharmaceutical development company, announced today that Phase I Clinical Trials are underway for its human antibody treatment (SAB-301) for MERS-CoV. The goal of the study–sponsored, funded and conducted by National Institutes of Health (NIH)–is to evaluate the dosage"......

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10 Aug 2016

7 legal offices compete to provide legal consultations for issuing international bonds

A governmental source said that seven Egyptian legal offices applied to act as local legal advisers for the US dollar bonds through the Ministry of Finance.

The source added that the same offices applied for the first"...

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10 Aug 2016

Power plant daily consumption increases by 350m cubic feet of gas: EGAS

Power plants’ daily consumption of the natural gas increased to 3.75bn cubic feet of gas up from 3.4bn cubic feet of gas last week, due to higher temperatures and its effect on the generating units.

A source in the Egyptian Natural Gas Holding Company (EGAS) told Daily News Egypt that"...

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10 Aug 2016

Daikin Industries announces establishment of Daikin Egypt

Daikin Europe has announced its partnership with private equity firm BPE Partners to establish Daikin Air Conditioning Egypt (Daikin Egypt) in Cairo, with a total investment of EGP 47m.

Hazem"...

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10 Aug 2016

UPDATE 1-Egypt's headline consumer inflation flat at 14 pct in July

CAIRO, Aug 10 (Reuters) - Egypt's annual urban consumer price inflation was unchanged at 14 percent in July and core inflation edged down as the effects of this year's currency devaluation continued to feed through.

Egypt's"...

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10 Aug 2016

Dam construction going full steam while Egypt-Ethiopia talks stall

CAIRO — Ethiopia is seeking rapprochement with Egypt through the media after years of rising apprehension over the Grand Ethiopian Renaissance Dam of the Blue Nile watershed.

The tension arose almost as soon"...

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10 Aug 2016

Will Egypt's warming ties with Israel leave Palestinians out in the cold?

Relations between the Palestinian Authority and Egypt are strained as political differences continue. The PA is less than enthusiastic about Egypt’s peace initiative with Israel and also rejects Cairo’s support for dismissed Fatah leader Mohammed Dahlan.

The"......

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10 Aug 2016

First plane arrives from Warsaw in Egypt's Sharm after Poland travel ban lifted

As Poland lifted a travel ban imposed last year on Egypt's Sharm El-Sheikh, a plane carrying 183 passengers from the Eastern Europe country landed Wednesday morning in the South Sinai resort for the first time since an October 2015 deadly"...

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10 Aug 2016

New police law amendment bans Egypt's cops from speaking to media without permits

According to the new amendments, police officers are also banned from forming unions or joining political groups

New police law amendments that were passed on Tuesday by Egypt’s House of Representatives ban police officers from"...

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10 Aug 2016

Award winners of Egypt's 9th National Theatre Festival

Egypt’s 9th National Theatre Festival ran between 19 July and 8 August

The awards for the 9th National Theatre Festival were handed out by Culture Minister Helmy El-Namnam at the closing ceremony held at the Cairo Opera House's"...

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