News
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Piraeus Bank Hires Advisor to Immediately Start Egypt Unit Sale
Piraeus Bank SA, Greece’s fourth- biggest lender, said it hired Barclays Capital to advise on the sale of its Egyptian unit, Piraeus Bank Egypt.
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Interview With Hala Deals Marketing Director, Mohamad Kaloub
When I look back at Egypt’s group buying site reviews that i did in last August, I figured out that a lot has changed in the group buying market.
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Egypt, Australia Discuss Bilateral Cooperation in Agriculture
Australian government has enlisted Egypt in the countries which benefit from scholarships and training in the fields of agriculture.
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Motorola launches Razr smartphone in Egypt
Motorola Razr features a sculpted, glass screen, diamond-cut aluminum accents, and a 4.3-inch Super Amoled Advanced display.
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Egyptian duty free hit by restrictions on liquor and tobacco sales
Egyptian duty free has a strict new regulation which outlaws the sale of liquor & tobacco in downtown stores and limits it in airport Arrivals shops.
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Egyptian authorities stop subsidised gasoline smuggled to Turkey
Authorities at the Alexandria port managed to stop an attempt to smuggle 223 tonnes of subsidised gasoline to Turkey in paint canisters.
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Egyptian Tourism and Egypt Air see recovery in tourism
In order to woo tourists travel to Egypt post the democratic movement & elections, Egypt Air has introduced five flights week to Cairo from Mumbai.
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German energy giant RWE to sell Egyptian assets: report
German energy giant RWE has put its assets in Egypt up for sale in a bid to raise about one billion dollars.
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ANALYSIS-Egypt may need up to $15 bln from IMF to avoid crunch
The $3 billion facility from the IMF that Egypt negotiated then rejected in June may no longer be enough to manage an orderly currency devaluation.
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Gamesa Corp. Reaches Accord to Supply 100 Wind Turbines to Egypt
Gamesa Corp. Tecnologica SA reached an accord with Egypt’s New & Renewable Energy Authority to supply 100 wind turbines.
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Will ‘Buy Egyptian’ save the economy?
Omnia Farouq, a 19-year-old university student, recently switched from European to Egyptian chocolate.
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Audi Bank initiates NSGB fair value at L.E 25.1
Audi Bank initiated on National Societe Generale Bank - (NSGB) with an accumulate rating and a fair value of L.E 25.1 with a 17% upside potential.
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Egypt Seeks $995 Million in T-Bills as Moody’s Lowers Ratings
Egypt seeks to raise 6 billion pounds in treasury bills today as Moody’s Investors Service cut its credit rating for the fourth time this year.
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American Eagle Outfitters Opens Stores in Egypt, Jordan and Morocco
American Eagle Outfitters, Inc. announced the opening of stores in three new international markets—Morocco, Jordan and Egypt.
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Tuk-tuks to be taxed like taxis, says tax dept
Three-wheeled motor vehicles to be slapped with 15% import tax like their four-wheeled counterparts.
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Red weevils pose serious threat to Egypt's palm trees
Red palm weevils, tiny insects that burrow into palm trunks and devour the trees from within, are becoming a nuisance to date palm farmers.
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Andritz wins 107 mln euro order in Egypt
Andritz has won a 107 million euroorder from Egyptian to supply and install turbines, generators and other equipment.
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Egypt aims to create public-private partnerships: Oxford Group says
The Report: Egypt 2011 marks the global publishing, research and consultancy firm’s first publication on the country’s economic development.
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News as a Process: How Journalism Works in the Age of Twitter
Om Malik has called the “democracy of distribution” provided by tools like Twitter—and how everyone now can function as a journalist.
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Egypt may delay $148 million payment to Dana Gas
Dana Gas stock price tumbled after Al-Bayan newspaper reported that Egypt wants to delay a $148 million payment to the fuel producer.