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20 Mar 2017

Mavenir Unveils the Mavenir RCS Cloud Platform, Providing Both a RCS Platform and a Global RCS Interconnection Hub to Enable RCS Services on Behalf of Operators Globally

Mavenir, the global leaders in software-defined infrastructure solutions with a world-leading installed base of advanced messaging solutions that support more than 3.5 billions of subscribers across 350 operators, today announced the launch of its cloud-based Rich Communication Services"...

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20 Mar 2017

Uninterrupted Pradaxa® Showed Less Major Bleeding than Warfarin in Atrial Fibrillation Patients Undergoing Catheter Ablation

(BUSINESS WIRE)-- Important new data from the RE-CIRCUIT® study show a better safety profile for Pradaxa® (dabigatran etexilate) compared to warfarin in atrial fibrillation (AF) patients undergoing catheter ablation. AF patients who underwent catheter ablation while being treated"...

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20 Mar 2017

Iraq, Egypt target trade exchange of $2 billion in 2017: official

The Egyptian and Iraqi governments seek to increase the volume of joint trade exchange to around $2 billion at the end of 2017, said Iraqi commercial attaché to Cairo Haydar Gabr on Sunday.

In 2016, the exchange"...

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20 Mar 2017

GIG wins Egyptian Iron and Steel’s insurance policy tender

Arab Misr Insurance Group – GIG has won a tender to provide insurance cover for one of Egypt’s largest public firms, Egyptian Iron and Steel (HADISOLB), sources with knowledge told Amwal Al Ghad on Saturday.

HADISOLB’s"...

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20 Mar 2017

Egypt launches World Bank-funded Upper Egypt development scheme

Egypt has launched Sunday a $500 million Local Development Programme for Upper Egypt, primarily funded by the World Bank.

The programme aims to improve the business environment for private sector development, strengthen"...

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20 Mar 2017

ALEXBANK’s SMEs portfolio amounts to EGP 3bn: CEO

Dante Campioni, managing director and CEO of ALEXBANK, said that the small and medium enterprises (SMEs) portfolio at the bank amounted to EGP 3bn, noting that the bank is very interested in financing the sector. He added that the bank provides financial consultation to SMEs, along with financing them.

Building"...

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20 Mar 2017

750,000 housing units needed annually: Al-Sharif

Economist Mokhtar Al-Sharif said that the supply of residential units is still less than the demand in the Egyptian market. He pointed out that there are 750,000 young men getting married annually who need housing units. He added—during the Economic Real Estate and Urban Development Conference to Achieve the Egypt 2030 Vision for Sustainability organised...

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20 Mar 2017

UNB Egypt aims to achieve 30% growth in loans and deposits

Union National Bank Egypt (UNB) aims to achieve growth rates of 30% in loans and deposits, as well as 45-50% in profits by the end of 2017, according to vice chairperson of the bank in Egypt and UNB-UAE CEO Mohamed Nasr Abdeen.

Abdeen told Daily News Egypt that the bank intends to implement"...

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20 Mar 2017

UNB Egypt aims to achieve 30% growth in loans and deposits

Union National Bank Egypt (UNB) aims to achieve growth rates of 30% in loans and deposits, as well as 45-50% in profits by the end of 2017, according to vice chairperson of the bank in Egypt and UNB-UAE CEO Mohamed Nasr Abdeen.

Abdeen told Daily News Egypt that the bank intends to implement"...

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20 Mar 2017

Real estate funds will enter Egypt through three contenders in 2017

After three years following the approval of the Egyptian Financial Supervisory Authority (EFSA) for establishing real estate funds, Egypt will enter the real estate funds sector through launching three funds at once during the first half of this year.

NAEEM Holding Company and the Egyptian"...

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