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07 Jun 2016

British Airways aims to resume Sharm el-Sheikh flights in September

British Airways has announced that it will resume flights to Sharm el-Sheikh on September 15, pending approval from the UK government.

Sherif Barsoum, British Airways regional customer service manager, said that the"...

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07 Jun 2016

Egypt Reiterates Commitment to Namibia Ties

Windhoek — Egyptian Ambassador to Namibia Mahmoud Fawzy Abou Dounya has reiterated the long history of brotherhood and cooperation the two countries share, which dates back to the period of anti-colonial resistance.

Swapo,"...

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07 Jun 2016

UCLA Library to offer digital images of rare ancient manuscripts in Egypt

St. Catherine’s Monastery, a UNESCO World Heritage site that’s located on rugged terrain at the foot of Mount Sinai in Egypt, houses the oldest continually operating library in the world, containing ancient and medieval manuscripts second only to those"...

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06 Jun 2016

Mamish: East Port Said harbor to be finalized in 2018

Cairo: Suez Canal Authority Chairman Mohab Mamish said the East Port Said harbor will be finalized in 2018.

In press statements, Mamish noted that the authority is implementing short, medium and long term projects for developing the ports of Ain Sokhna and East Port Said. He said all countries, especially Arab and Gulf ones, can invest in the Suez"......

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06 Jun 2016

SCZone reviews investment with Singaporean financial institutions

Cairo: Head of the General Authority for the Suez Canal Economic Zone (SCZone) Ahmed Darwish reviewed investment opportunities available in the zone with Singaporean companies and financial institutions.

The"...

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06 Jun 2016

Qabil meets with developers of Golden Triangle project

Cairo: Trade and Industry Minister Tareq Qabil held a meeting on Thursday 02/06/2016 with a delegation from Italian D'Appolonia engineering company, which will lead the development of a master plan for Egypt’s mineral and energy-rich Golden"...

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06 Jun 2016

Al Baraka Bank Egypt first quarter net income surges

Manama : Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) and its investment arm in Egypt, announced that the net income of the bank jumped by 101 per cent for the first quarter of 2016 compared to the same period in 2015.

Total"...

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06 Jun 2016

Ousta is driving ride-hailing expansion in Egypt

With its major cities congested with traffic — taxi cabs, public transports and, lately, ride-hailing and ride-sharing apps — Egypt apparently still needs more when it comes to transportation.

Catering"...

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06 Jun 2016

Egypt non-oil business activity slows: Study

CAIRO: Business activity in Egypt shrank for the eighth straight month in May but at a lesser extent than previous three months, a survey showed.
The Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector recorded 47.6 points in May after 46.9 points in April, remaining below the 50-point mark that separates growth from contraction.
Egypt...

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06 Jun 2016

Andersen Global Takes Initial Step in Expanding Footprint in Canada

Andersen Global is pleased to announce that we are now collaborating with SdM Chartered Professional Accountants, Inc. in Canada. SdM is the first of several firms that are expected to take this initial step toward a more formal relationship with Andersen Global through a Collaboration Agreement."...

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