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16 Dec 2014

IEC may withdraw $4.2b suit against Egypt

Israel Electric Corp denies there is Israel government pressure to drop the suit over the halting of Egyptian gas in 2011.

Israel Electric Corporation (IEC) (TASE: ELEC.B22) may withdraw a $4.2 billion lawsuit that it filed against Egyptian government gas companies for halting the gas-flow"......

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16 Dec 2014

Gas import tender gets offers from BP, Vitol, Trafigura, and Golar LNG: EGAS


A senior official with the Egyptian Natural Gas Holding Company (EGAS) said the company received offers for a gas import tender from BP, Vitol, Trafigura, Golar LNG, and three other companies.


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16 Dec 2014

Egyptian-Chinese Business Council formed


Minister of Industry and Trade Mounir Fakhry Abdel Nour issued a decree Monday stipulating the formation of the Egyptian-Chinese Business Council, headed by Ahmed Al-Sewedy.


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16 Dec 2014

World Bank urges Egypt to make reforms before investor conference


A senior World Bank official on Monday called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference in March where the government hopes to attract more than $12"...

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16 Dec 2014

EBRD Inks Two Loans with Egypt’s Biggest Bank to Support Women, Energy Efficiency

The European Bank for Reconstruction and Development is partnering with National Bank of Egypt (NBE) to introduce new lending products in the Egyptian market. The two parties have signed the loan agreement on Friday, December 12, 2014.


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16 Dec 2014

Viber Unveils Platform Expansion with Viber Games

New Feature Allows Users to Play Against Their Viber Friends -


Launch Games From Storm8 and Playtika Feature Exclusive Viber Content


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16 Dec 2014

CAMAC Energy to Acquire 3D Seismic Offshore Gambia

CAMAC Energy Inc. (“CAMAC” or the “Company”) (NYSE MKT: CAK) announced today that its wholly owned subsidiary, CAMAC Energy Gambia Ltd, awarded a contract for the acquisition of a 3D seismic survey to ...

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16 Dec 2014

Rdio Brings Personalized Internet Radio & On-Demand Music Subscription to Windows Phone 8.1

Rdio, a leading global music streaming service, today launches a major new update for Windows Phone, delivering a unique mix of ad-supported Internet radio and unlimited on-demand subscription to Windows Phone users around the world. Rdio on Windows Phone further extends the company’s"...

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16 Dec 2014

Air Connectivity Essential to Philippines’ Trade and Tourism Goals

International air transport is an essential economic catalyst for the Philippines, creating aviation and tourism related jobs, carrying inbound tourists, as well as enabling the export and import of goods and services.


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16 Dec 2014

Sir Hector Sants to Join Oliver Wyman

Oliver Wyman, the international management consulting firm, today announced that Sir Hector Sants will join the firm as a Partner and Vice Chairman. Sir Hector will be based in the London office effective July 1, 2015.


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