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01 Jul 2014

Beltone/Sawiris rule out change to offer for EFG Hermes stake

Egypt’s Beltone Financial and billionaire Naguib Sawiris said Sunday they would not change their offer to buy 20 percent of EFG Hermes investment bank at 16 Egyptian pounds ($2.24) per share.


Beltone"......

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01 Jul 2014

Egypt and Italy agree to swap $45 million in debt for food silos

The project aims to reduce the cost of transportation and waste in fruits and vegetables to ultimately provide them at lower prices to consumers.

Egypt and Italy have approved a project to swap $45 million of debt to establish silos and logistic locations to store grains, fruits and vegetables.

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01 Jul 2014

Egypt's military delays device that 'cures' Aids amid ridicule

A pseudo-medical device which Egypt's military had previously claimed, in the face of widespread ridicule, would cure both Aids and hepatitis C, has been delayed for "further tests" after it was slated to be made available to patients yesterday.


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01 Jul 2014

UPDATE 1-Repression, poor laws deter investment in Egypt -tycoon Samih Sawiris

Egyptian billionaire construction tycoon Samih Sawiris said he has no plans for new investments in his country while political oppression and legal failings continue to obstruct economic revival.


The"......

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01 Jul 2014

Egypt Moves to Restrict Ramadan Sermons

Egypt will restrict sermons during the holy month of Ramadan to topics of faith and morality, the state's top official in charge of religious affairs said Sunday, in the latest measure by the government to control mosques and limit access of opponents to them.

The announcement is yet another move by authorities to crackdown on supporters of the Muslim...

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01 Jul 2014

Egypt pound unchanged on official market, weaker on black market

The Egyptian pound was unchanged at a central bank dollar sale on Monday and weakened on the black market.

The central bank said it sold $39.6 million at a cut-off price of 7.1401 pounds, the same as its last sale on Thursday. It had offered $40 million.


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01 Jul 2014

Sesame Workshop and Arab Bureau of Education for the Gulf States Renew MOU for Iftah Ya Simsim

Sesame Workshop, the nonprofit educational organization behind Sesame Street, and the Arab Bureau of Education for the Gulf States (ABEGS) renewed its partnership for Iftah Ya Simsim, continuing to design an educational framework that will bring back the beloved children’s television"...

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01 Jul 2014

Seiko Instruments Launches New Automotive Voltage Detectors Capable of 125 Degree C Operation and 36V Input Voltage

Seiko Instruments Inc. (SII) launches new automotive voltage detectors, the S-19110 series, that are capable of 125 degree C operation and 36V input voltage while allowing for direct detection of 12V lead–acid battery voltage. Typical applications include ECUs for engines, transmissions"...

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01 Jul 2014

Quintiles’ Second Quarter 2014 Earnings Call Scheduled for Thursday, July 31st

Quintiles Transnational Holdings Inc. (NYSE: Q) will release its financial results for the second quarter of 2014 prior to its quarterly earnings call on Thursday, July 31, 2014, at 8:00 a.m. EDT.


The"...

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01 Jul 2014

GSMA Announces mHealth Partnership Across Sub-Saharan Africa

The GSMA today announced that its Mobile for Development mHealth programme has launched a new cross-ecosystem partnership designed to provide a range of mHealth services to women and children, with a particular focus on nutrition, across Sub-Saharan Africa. Initial launch partners for the"...

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