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05 Aug 2015

National Bank of Egypt delays bond issue, to repay $600mn: CEO

National Bank of Egypt will postpone a new bond issuance and repay US$600 million of earlier bonds Wednesday, its chief executive said.


"After the fluctuation in international bond markets in the last period as a result of the Greek crisis... we have decided to temporarily postpone the new issuance until the right"......

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05 Aug 2015

Africa’s millionaires are in Nigeria, Egypt, South Africa with some in Kenya too

It’s beginning to sound like a broken record, but the Africa rising mantra increasingly rings true.


While there may be debate about the nature of the economic development and whether it’s structurally transformational,"......

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05 Aug 2015

Egypt youth increasingly drawn to extremism

The 20-year-old law student says he has had enough of fruitless protests in support of Egypt's deposed Islamist president, two years of a losing struggle with police.


Now he wants to join the extremists of the Islamic State group (ISIS) who are battling the army in the Sinai Peninsula.


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05 Aug 2015

Jet Engine Tech Helps Egypt Keep the Lights On

Egypt’s economic reforms and rapidly growing economy are drawing billions of dollars in new investments. But money is not the sole lifeblood of growth in this North African country of 85 million people.


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05 Aug 2015

Egypt Opens Suez Gulf to Oil Prospecting

The Egyptian Government today announced the granting of oil prospecting permits to foreign companies ready to invest more than $110 million US dollars, announced the Ministry of Energy. The biggest area authorized for drilling oil will be a conglomerate of the United Arab Emirates, the Pacific and Malaysia Hibiscus Petroleum, which will invest $68 million dollars...

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05 Aug 2015

Egypt Stocks surge as Locals buy

As Egypt is bracing for opening the new Suez Canal in less than 72 hours, stocks in Cairo surged Tuesday posting gains totallling 3,7 billion Egyptian pounds (US$472,5 million) bolstered by local buying appetite.


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05 Aug 2015

Why Blood Donation Is In Such Short Supply In Egypt

A woman carried her son as she pleaded with the doctor in charge of Nasser Institute Hospital’s blood bank for a few bags of blood to save his life after a serious car accident. The doctor turned her away, saying that the boy's rare blood type was not available.


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05 Aug 2015

BOARD International Empowers Business Users with Self-Service Data Modeling and Loading

BOARD International, the leading global provider of software for unified Business Intelligence, Analytics and Performance Management, today announced the release of “Data Fast Track,” a new BOARD function for automatic data discovery, modeling, mash-up and uploading.


...

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05 Aug 2015

The Patient Safety Movement Foundation Names the Top 3 Healthcare Institutions that Demonstrated the Most Lives Saved

The Patient Safety Movement Foundation announced the winners of the top three healthcare institutions that demonstrated the most lives saved through their commitments to ZERO preventable deaths by 2020. One representative with a guest from each of these"......

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05 Aug 2015

ADP Honors 17 Distinguished ‘Finance and Services’ Personnel

A total of 17 distinguished personnel from the General Directorate of Finance and Services were honored with the 18th edition of the Ideal Employee Award in recognition of their continuous efforts that have contributed to achieving significant developments in police work.

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