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27 May 2018

Egyptian exports to UK rise 28.7% in Q1

Egyptian exports to the United Kingdom (UK) jumped by 28.7 percent during the first quarter of 2018, according to the Egyptian-British Chamber of Commerce.

Exports to Britain reached 202 million Egyptian pounds ($270"...

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27 May 2018

Memaar Al Morshedy launches Skyline New Cairo flagship

Egypt-based real estate developer firm Memaar Al Morshedy has launched its residential building Skyline in El Katameya district in New Cairo, chief executive Hassan Morshedy said Thursday.

“Skyline, which is"...

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27 May 2018

Dhunseri looks for a partner for Egypt venture

Chandra Kant Dhanuka owned Dhunseri PetrochemNSE 4.30 % is looking to rope in a strategic equity partner for its Egyptian venture. The move follows full repayment of the joint venture Egyptian Indian Polyester Company S.A.E (EIPET) outstanding dues and scaling up its holding to 93 %.

"...

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27 May 2018

Egypt and Russia sign agreement for cooperation in dairy products

Minister of Trade Tarek Kabil and his Russian counterpart Denis Manturov signed a deal to improve Egypt’s infrastructure in the field of dairy, foods and pastries in cooperation with several Russian companies.

Kabil"...

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27 May 2018

Egypt’s City Edge posts 250mn pounds sales from phase I of Etapa

Egypt’s City Edge Developments says it has achieved 250 million Egyptian pounds ($13.9 million) in sales from marketing the first phase of its residential flagship Etapa in Sheikh Zayed City, at the outskirts of Cairo.

The"...

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27 May 2018

Egypt Imposes 1 Month YouTube Ban for Local Audience – Reports

An Egyptian top administrative court ruled on Saturday to block the YouTube video-sharing website for one month over publication of a film, which is found to disrespect Muslim Prophet Mohammed, the Al Ahram newspaper reported.

In"...

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27 May 2018

Egypt acts as a liaison between Europe, Africa; Merkel's representative for Africa

Personal Representative of the German Chancellor for Africa at the Federal Ministry for Economic Cooperation and Development Günter Nooke expressed pleasure that Egypt will receive the presidency of the African Union (AU) in 2019.

'Relations between Germany and Egypt"...

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27 May 2018

FCF: Greenpeace Allegations Unfair and Deceptive

(AETOS Wire) -- FCF Fishery, Co. President Max Chou today released the following statement regarding recent misleading Greenpeace human rights abuse allegations made against the company:

“We"...

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27 May 2018

NBC Universal, Havas Group and Endemol Shine Discuss a Future with AI, Blockchain and VR at IBC2018

(AETOS Wire) -- As is fitting for the home of technical invention and innovation, IBC2018 will present a broad range of ambitious and timely elements to engage, inform and inspire content creators and owners from around the world that will visit the RAI, Amsterdam from 13-18 September 2018. The must-attend event includes fresh inspiring conference themes that will focus on innovative new platforms, audience engagement and interaction/immersion, as well as a wide-ranging exhibition that will encompass all the latest technologies from AI and VR to advanced cloud-based workflows. Registration for IBC2018 is now open at: https://ibc.itnint.com/IBC18/Online/RegLogin.aspx......

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26 May 2018

Dhunseri group clears dues of Egypt petchem unit

The Dhunseri group has cleared the dues of its Egyptian petrochemical enterprise and is looking to revive it with a partner, chairman Chandra Kumar Dhanuka said on Friday.

Dhunseri Petrochem Ltd has a 50:50 joint"...

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