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08 Aug 2016

Lord Puttnam Joins Array of IBC2016 Keynote Speakers

IBC announced today that Lord Puttnam will deliver a keynote address at the forthcoming IBC Conference on Sunday 11 September 2016. Oscar-winning film producer, educationalist and politician Lord Puttnam will address a broad spectrum of issues including the extraordinary growth of Facebook"...

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08 Aug 2016

Egypt’s Pioneers to IPO real estate developer Rooya this year

Egypt’s Pioneers Holding plans an initial public offering of real estate developer Rooya Group within this year, its deputy chief executive told Amwal Al Ghad in an interview Sunday.


Rooya"...

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08 Aug 2016

Egypt’s Wadi Degla competes to establish “Zayed Crystal Spark” using PPP

Egypt's property developer, Wadi Degla Holding, is competing on Zayed Crystal Spark project scheduled to be established by using private public partnership system, its deputy CEO Amr Al Kady said Sunday.


"...

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08 Aug 2016

Summer sale in Egypt kicks off tomorrow with 50% off: supply minister

Egyptian summer sale on all clothes and commodities is set to start on August 8, for a month in coordination with Federation Of Egyptian Chambers Of Commerce (FEDCOC).


Supply Minister Khaled Hanafy stated Sunday that the prices in the sale would drop by 5-50 percent to encourage citizens to activate markets movement.

......

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08 Aug 2016

Egypt examines readiness of 18 state-owned companies before listing on the EGX

The Ministry of Investment, in cooperation with the National Investment Bank-affiliated NI Capital Consulting, is examining a list of 17 or 18 state-owned companies before they are offered to the public and listed on the Egyptian Exchange (EGX), according to a government source.

The"...

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08 Aug 2016

Italy grants Egypt's CAPMAS 190 tablets for 2016 census

Italian Development Cooperation Office granted 190 tablets worth more than 1.7 million Egyptian pounds (US$191,487 thousands ) to Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS).


...

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08 Aug 2016

Egypt President Defends National Projects, Warns of Skeptics

Egypt President Abdel-Fattah al-Sisi defended mega projects carried out by the government, arguing that the skeptics were seeking to undermine the will of Egyptians.


During his participation in the first anniversary of the inauguration of an expansion of the Suez Canal, al-Sisi said that after the digging works"......

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08 Aug 2016

Egypt probes $70m fraud in wheat supply

Egypt's general prosecutor said on Sunday that local wheat suppliers worked with government employees to falsely claim E£621 million ($69.93 million) worth of grain that does not exist.

Egypt has been embroiled in a controversy over its local wheat supplies, with grains"...

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08 Aug 2016

UPDATE 1-Telecom Egypt board gives final approval to buy 4g licence

CAIRO, Aug 7 (Reuters) - The board of Telecom Egypt ETEL.CA , the country's landline monopoly, gave its final approval on Sunday for plans to buy a fourth-generation mobile phone licence, a senior source at the company said.

The source told Reuters that Telecom Egypt would pay the full amount requested by the regulator for one of four 4G licences the...

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08 Aug 2016

Government examines readiness of 18 state-owned firms before listing

Cairo: The Ministry of Investment, in cooperation with the National Investment Bank-affiliated NI Capital Consulting, is examining a list of 17 or 18 state-owned companies before they are offered to the public and listed on the Egyptian Exchange"...

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