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08 Oct 2014

Local initiative Mahatat brings arts to city streets around Egypt

Public performances will take place Mansoura, Damietta, Port Said and Cairo.

Artistic performances in public spaces are not new to Egypt; many folkoric arts used to take place in the street, including the aragoz (an Egyptian traditional"...

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08 Oct 2014

Sarie-Eldin to give legal advice to Dar Al-Handasah alliance supervising Suez Canal economic development

Managing partner of Sarie-Eldin & Partners Legal Advisors Hany Sarie-Eldin has stated that his office will provide Dar Al-Handasah alliance with legal advice on all dealings with government agencies and ministries with the goal of developing the industrial hub around the Suez Canal Axis"...

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08 Oct 2014

Notable rise in output, new orders of private companies: HSBC

Output and new orders for non-oil private companies rose notably during September, with the headline Purchasing Managers’ Index (PMI) reaching 52.4, HSBC announced in its monthly PMI report.


“The"...

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08 Oct 2014

ADWEA, GDF Suez close $1.5bn financing deal for power project

Abu Dhabi Water & Electricity Authority (ADWEA) and GDF Suez on Tuesday said they signed a $1.5 billion financing package for the emirate's Mirfa independent water and power project (IWPP).


The"...

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08 Oct 2014

New fleet of river buses, plan to open 28 stations from Al-Qanater to Helwan

Ater Hanoura, head of the Finance Ministry’s Private Sector Partnership Department, said river bus stops would be increased from 16 to 28 stations. He also said there would be more buses to the current 30 buses, of which only 10 operate with a limited speed, high fuel consumption and irregular"...

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08 Oct 2014

Egypt to sign trade deal with Kuwait in November

Trade and industry cooperation agreement to be signed by Egypt and Kuwait in November.

Egypt will sign a trade and industry cooperation agreement with Kuwait in November, state news agency MENA reported"...

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08 Oct 2014

Hunger Growls in Egypt

Egypt, famed for millennia as the “breadbasket of the Mediterranean,” now faces alarming food shortages. “Food for Stability,” a startlingly candid report by Gihan Shahine in Cairo’s Al-Ahram newspaper, makes clear the extent of the crisis.


......

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08 Oct 2014

MIDEAST STOCKS-Egypt may resume rising on oil, strong data

Egypt's bourse may resume rising on Wednesday after dipping on pre-holiday profit-taking at the end of last week, while weak demand for Zain Bahrain's initial public offer indicates the Manama bourse may remain range-bound in low volumes.


...

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08 Oct 2014

Capespan Egypt to 'significantly' expand

With four seasons of both grapes and citrus done and dusted since inception in 2010/11.

Capespan Egypt is looking to significantly expand over the next 5 years. Export manager Khaled Dawoud confirmed that the company has plans to drive more market development outside of Europe to compliment the wider group’s existing involvement from Egypt and to...

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08 Oct 2014

Dubai Internet City heads to the USA to promote entrepreneurship and innovation

Majed Al Suwaidi, Managing Director of Dubai Internet City (DIC) and Dubai Outsource Zone (DOZ), is part of a trade delegation from the UAE who recently visited the United States to discuss innovation with business leaders in Washington DC, San Francisco, Seattle and California. The delegation"...

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