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23 Jul 2014

Egypt confirmed as buying more C295 transports

Airbus Defence & Space used the Farnborough air show to name Egypt as the previously undisclosed customer for eight C295 medium transports ordered earlier this year.


The"......

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23 Jul 2014

Egypt Ministry to deploy Ericsson solution

Egypt's Ministry of Electricity has selected Ericsson to provide end-to-end telecom solutions and services for 180 electricity sites in Upper and Middle Egypt on a turnkey basis. Egypt's Ministry of Electricity will deploy technologically advanced electricity sites in partnership with Ericsson"...

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23 Jul 2014

Egypt's government raises Egyptian cotton subsidy

Egypt's economic ministers approve raising the subsidy for spinning companies (Private and state-run) to purchase abundant Egyptian cotton to become LE350 per quintal instead of LE200 ahead of harvest season in September, announced the ministry of, industry, trade and Small and Medium Enterprises (SMEs) in a statement on Tuesday.

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23 Jul 2014

Compass® Financial Solutions Hosts Iftar for Children with Special Needs

Compass Financial Solutions, a leading provider of Wealth Management S Solutions in the region, joined the spirit of giving in the holy month of Ramadan by hosting an Iftar for children with special needs from Senses Residential and Day Care Center. The Iftar event took place on 21July,"...

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23 Jul 2014

Analysis: Economist urges Sisi to restore trust in Egypt’s laws

The economist behind a plan to unlock at least $380 billion (R4 trillion) worth of assets from Egypt’s black market says that President Abdel Fattah al-Sisi must first restore another asset that has depreciated over the years: the trust of a wary public.


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23 Jul 2014

Egypt steel industry files anti-dumping claim

Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said, the latest move in a years-long quest to protect the fledging industry from low-priced imports.

Egyptian Steel and other major steelmakers have submitted a request for the government to re-introduce anti-dumping...

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23 Jul 2014

Egypt Opens Door To New Aussie Livestock Market

Breeder cattle, sheep and goats can now be exported to Egypt along with feeder and slaughter livestock following the finalisation of health certification requirements.

Australia's Minister for Agriculture, Barnaby Joyce, said the agreement opened up a new export market with Egypt to include breeder animals, presenting significant export opportunities...

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23 Jul 2014

Egypt raises possibility of restarting stalled talks

Egypt's foreign minister raised the possibility on Tuesday of restarting stalled peace talks between Israelis and Palestinians as part of negotiating a cease-fire in the war that has broken out on the Gaza Strip.


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23 Jul 2014

Aiding through investing: Egypt proposes $540 million worth of petrochemical plants to the UAE

Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum.

The projects included establishing a factory to produce bio-ethanol from molasses,"...

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23 Jul 2014

More than 2,000 foreign workers left Egypt in 2013: CAPMAS

The number of foreigners working in Egypt decreased 12 percent in 2013 to almost 14,699 from around 16,713 the prior year, according to a statement released on Tuesday by state-run statistics agency CAPMAS.

Some 35 percent of foreign workers in Egypt come from non-Arab Asian countries,"...

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