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12 Aug 2015

Bose Automotive Earns Global Quality Award from Nissan Motor Corporation

(ME NewsWire) -- Nissan Motor Corporation has recognized Bose with a 2015 Global Quality Award for its contributions in the field of automotive electronics. From more than 5,000 Nissan suppliers worldwide, Bose was one of five companies"...

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12 Aug 2015

Erin Energy Announces Second Quarter 2015 Results

(ME NewsWire) -- Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT: ERN) announced today financial and operational results for the quarter ended June 30, 2015. The Company has filed its Form 10-Q for the second quarter"...

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11 Aug 2015

Algeria-Egypt: Inking of memorandum of cooperation in fight against corruption

Algeria and Egypt signed Monday, in Algiers, a memorandum of cooperation in the fight against corruption which provides particularly for the exchange of proven practices in the prevention and fight against this scourge.


"...

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11 Aug 2015

Hundreds of Egypt’s tax authority employees protest law they say removes hiring oversight

Hundreds of protesters gathered on Monday at the Journalists Syndicate in downtown Cairo to condemn the civil service law.


"We are demanding the annulment of the civil service law," Tarek El-Kashef, the director of the tax authority,"......

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11 Aug 2015

Egypt's cotton U-turn highlights wider policymaking problems

Standing waist deep in a cotton field, Egyptian farmer Mohamed Khalil cannot mask his anger; after the agriculture ministry banned cotton imports to help local producers, the cabinet abruptly vetoed the idea - the latest in a series of economic policy U-turns and delays under President Abdel"...

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11 Aug 2015

Rockhopper Exploration Acquires Non-Operated Exploration, Production Assets in Egypt

AIM-listed Rockhopper Exploration has acquired a portfolio of non-operated production and exploration interests in Egypt from Beach Energy for $22.0 million.


Rockhopper"......

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11 Aug 2015

Egypt govt insists on implementing new civil service law despite protest

According to the government, the new law aims to solve issues related to bureaucratic inefficiency.

Egypt Prime Minister Ibrahim Mahlab said on Monday the government is insisting on the implementation of a new civil service law, following a protest in Cairo against the legislation.

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11 Aug 2015

Egypt committed to paying off oil and gas bills - Sisi

Egyptian President Abdel Fattah al-Sisi said on Monday that his government is "committed" to paying up debts to oil and gas companies "operating on its soil."


The president's statement comes as Egypt tries to attract cash in-flows and foreign investment to repair an"......

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11 Aug 2015

ETAA contracts with Tawafa Establishment to provide Haj services worth $18.5m

The Egyptian Travel Agents Association (ETAA) is contracting with the Tawafa Establishment to provide pilgrims from Arab states with Tawafa services during this Haj season.


The value of the services provided to pilgrims to the holy places in Arafat and Mina is worth $18.5m.


"......

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11 Aug 2015

Customs Authority reveals customs on Kia Carens, Kia Rio

The Egyptian Customs Authority has outlined the customs duties on the 2016 models of the Kia Carens and Kia Rio.


The Authority explained that the customs are divided into an EGP 48,000 customs tariff, in addition to a sales tax of approximately EGP 25,200 and development fees of approximately EGP 58,000.

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