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26 Jul 2016

‘Halal’-certified quality Indian products to push into the potential Gulf market, says expert

With the largest chunk of overseas Indian population living in the Gulf countries, the market potential for ‘Halal’-certified products from India in this region continues to grow, says Haji Shakeel Qureshi, a global promoter of ‘Halal’ certification and chairman of"...

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26 Jul 2016

OT Partners with Axis Bank to Offer India’s First RuPay EMV Contactless Smart Card

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announced its partnership with Axis Bank, India’s third largest private bank to offer the first open loop EMV contactless smart cards to be used in public transportation"...

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26 Jul 2016

EnergyNet Student Engagement Initiative at The Africa Energy Forum 2016

(ME NewsWire)-- This year, EnergyNet welcomed 9 students from Nigeria, South Africa, Kenya, Cameroon and Mozambique to the Africa Energy Forum and on to the Student Engagement Initiative. EnergyNet to date has supported 68 students,"...

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26 Jul 2016

GSMA Announces Additional Commitments from Nine Operators to Reduce Mobile Gender Gap by 2020

(ME NewsWire)-- At Mobile 360 – Africa, the GSMA today announced a further nine signatories to the Connected Women Commitment Initiative, which focuses on reducing the gender gap in mobile internet and mobile money services."...

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26 Jul 2016

Number of Unique Mobile Subscribers in Africa Surpasses Half a Billion, Finds New GSMA Study

(ME NewsWire)-- More than half a billion people across Africa are now subscribed to mobile services as the continent continues to migrate rapidly to mobile broadband networks, reveals a new GSMA study. ‘The Mobile Economy: Africa"...

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26 Jul 2016

Two Million People Benefiting from GSMA M4D Utilities Projects

The GSMA Mobile for Development Utilities programme (M4D Utilities) released a new report outlining progress in using mobile technology to deliver energy, water and sanitation services to underserved communities. The latest M4D Utilities annual report, ‘Unlocking access to"......

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26 Jul 2016

Egyptian developer Abraj Misr pays $67mn of 'The Gate' project land

Egyptian developer Abraj Misr has paid 220 million egyptian pounds of the total value of The Gate project' s land, CEO of Multiples Group, Omar El-Shenety said Wednesday.

Multiples Group CEO ,The financial advisory of Abraj Misr, added that the company has paid 600 million pounds"...

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26 Jul 2016

IDA grants approvals for 180 projects worth $338mn: Egypt's industry minister

Egyptian Industrial Development Authority (IDA) granted approvals for 180 industrial projects inside and outside industrial zones during June 2016 with investment cost of three billion Egyptian pounds (US$337.9 million).

Industry Minister Tarek Qabil said that the 180 projects would"...

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26 Jul 2016

Declining tourism is credit negative for Egyptian banks: Moody's

Moody's stated in its statment that last Tuesday, Egypt’s (B3 stable) Finance Minister Amr El-Garthy said at a press conference that 2016 tourism revenues will likely total $4.0-$4.5 billion dollars, 26%-35% lower than in 2015.


"...

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26 Jul 2016

Apartments rented out at faster rate in New Cairo than 6th of October

The rate of renting apartments and villas in New Cairo has increased at a faster rate than those in 6th of October City owing to university students and commuters opting for a more convenient location, according to a report by Jones Lang La Salle"...

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