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01 Jul 2015

Italian Firm Nudges Egypt Towards Renewable Goals

An Italian firm has signed on to build what will become the first gigawatt-scale solar PV market in the MENA region in Egypt, according to local media reports, putting the country on its way towards its renewable and broader energy production goals.


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01 Jul 2015

Egypt cuts exports, exploits domestic raw materials

The disclosure of the reasons behind the decline in non-petroleum Egyptian exports during the first five months of 2015 by 20% compared to the"......

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01 Jul 2015

Egypt Launches Efforts to Address Energy Crisis

Egypt is multiplying efforts in its quest to reduce its dependence on expensive natural gas imports. Once a net natural gas exporter to Israel and Jordan, Egypt is now undergoing a severe energy crisis at home due to a growing demand, a flat production and ongoing export obligations."...

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01 Jul 2015

Emaar Egypt unit's listing on July 5

Egypt's Emaar Misr for Development will now list on the Egyptian Exchange on or around July 5, it said in a statement on Tuesday.

The listing date is marginally later than what the developer previously expected, saying earlier this month it planned a listing on or around July"...

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01 Jul 2015

EBRD boosts Trading Facility for Egypt’s CIB to $100mn

The European Bank for Reconstruction and Development (EBRD) said Monday it would increase its trading facility limit to Egypt's largest private sector bank, Commercial International Bank (CIB), to US$100 million from US$50 million.


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01 Jul 2015

800 food parcels distributed in Egypt

As part of the donation of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, allocated to the Beheira Governorate, Egypt, 800 food parcels have been distributed to the needy categories at Egyptian villages in the Governorate.


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01 Jul 2015

LAZ to deliver 289 buses worth $70 mln to Egypt

City Transport Group, the managing company of Lviv Bus Plant (LAZ), on June 28 signed a contract to supply 289 buses to the transport service of Cairo (Egypt) during the year.


According"...

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01 Jul 2015

01 Jul 2015

Nafham targets 1 million users by 2016

Co-founder and General Manager of Nafham, Mostafa Farahat, said the website registers approximately 500,000 users monthly during the school year.


Farahat added that the company is targeting increasing the number to one million users by the end of 2015.


"......

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01 Jul 2015

MTN and ZTE Launch Machine-to-Machine/Internet of Things Platform

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has jointly launched an Internet of Things (IoT) platform in Africa with leading ICT provider, MTN Group. The innovative platform"...

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