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30-10-2014 23:52:00 | by: Administrator | hits: 4509928 | Tags:

Mastercard and INJAZ Egypt unveil five new startups as part of the women entrepreneurship program
17-05-2017 | 13:59:03
After a long journey that lasted six months since the launch of the program and a day full of excitement, creativity, talent and top class competition, Mastercard and INJAZ Egypt announced the five winning teams of the “Mastercard Women’s Entrepreneurship Program”.
Viking River Cruises showcases new ship design In Egypt
09-05-2017 | 12:48:41
Viking River Cruises has announced details of the newest addition to its river fleet, Viking Ra™. Recently acquired, the vessel has been stripped down to the steel to undergo a complete renovation that will reflect Viking's award-winning Scandinavian design.
Iraq Exports First Shipment of Crude Oil to Egypt
09-05-2017 | 10:54:00
The ministry of oil has declared the exportation of the first shipment of crude oil, which was two million barrels to Egypt through the southern ports.
Egyptian President Al-Sisi allocates EGP100m to Labour Emergency Fund
08-05-2017 | 11:42:49
President Abdel-Fattah Al-Sisi announced Sunday that the government will allocate EGP 100m from the Tahya Misr Fund to the Labour Emergency Fund to support factories, projects, and workers, on the occasion of Labour Day.
[Egypt] Bee partnership with Mastercard expands mobile wallet payments options
03-05-2017 | 14:05:00
Mobile wallets just became even more useful with the announcement that Mastercard, the leading company in payments technology, is adding Bee, the smart payment solutions provider, as a key player to its interoperable mobile ecosystem.
Afreximbank Grants $300m to National Bank of Egypt to Support Industrialisation
01-05-2017 | 09:14:37
The African Export-Import Bank (Afreximbank) has granted a $300-million financing facility to the National Bank of Egypt (NBE) to support Egypt’s industrialisation efforts.
Rockhopper Exploration commences Abu Sennan drilling campaign in Egypt
27-04-2017 | 12:30:00
Rockhopper Exploration, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, has announced the commencement of the 2017 drilling campaign on the Abu Sennan Concession in Egypt, in which the Company has a 22% working interest.
Mastercard and McDonald’s announce cashless payment options in Egypt
26-04-2017 | 08:59:54
Mastercard and McDonald’s have entered into a strategic collaboration that will bring simpler and faster payment options to all McDonald’s customers when buying their favorite meal in store, at the drive thru or when ordering it online.
[Egypt] Carbon Holdings picks Bechtel to deliver major petrochemicals project
24-04-2017 | 15:31:56
Bechtel, a global leader in engineering, procurement, and construction, has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new polypropylene units at an adjacent site.
[Egypt] Vodafone in a multi-million-dollar partnership with Procera Networks to enhance broadband subscriber experience
24-04-2017 | 09:08:03
Procera Networks has unveiled a multi-year, multi-million-dollar partnership with Vodafone Egypt to enhance the subscriber experience for its fixed and mobile subscribers.
Government and private sector to turn Egypt into sport tourism destination
20-04-2017 | 14:00:00
In the wake of the decline in tourism, the Egyptian Ministry of Sports and several sports federations have begun to boost tourism by organising international championships in Egypt, especially in touristic areas such as El-Gouna, in cooperation with the Ministry of Tourism.
Vodafone Egypt launches new app for blind and visually impaired customers
19-04-2017 | 13:58:00
Vodafone Egypt launched a new mobile application for blind and visually impaired users called “E3rafli” (an Arabic word for “Find out for me") to help them recognize basic things and services through their mobile phones.
Egypt to ink one million barrel/month oil supply deal with Iraq
17-04-2017 | 11:24:10
The Egyptian cabinet has agreed to purchase one million barrels of oil from Iraq monthly, according to a statement by the North African nation’s Oil Minister Tareq el-Molla on Tuesday.
Egyptian billionaire, Naguib Sawiris, launches new bank in Europe
11-04-2017 | 11:33:00
Egyptian billionaire businessman and the Chairman of Orascom Telecom, Media and Technology, Naguib Sawiris, has launched a new bank that operates in several European countries.
[Egypt] Government mulls setting up integrated databases for Egyptian expatriates
07-04-2017 | 16:10:27
Egyptian Minister of Communications and Information Technology Yasser ElKady has held talks with his Immigration and Egyptian Expatriate Affairs counterpart Nabila Makram, on the significance of using and integrating ICTs to serve Egypt's nationals abroad.
[Egypt] Afreximbank Closes JPY4billion and $70m Samurai Syndicated Term Loan Facility
03-04-2017 | 10:21:13
The African Export-Import Bank has successfully signed a JPY11 billion equivalent Samurai Syndicated Term Loan Facility comprising two tranches of JPY4 billion and USD70 million.
Telecom Egypt appoints Ahmed El Beheiry as new CEO
30-03-2017 | 11:42:53
Telecom Egypt's board has chosen Ahmed El Beheiry as the state-owned landline monopoly's new chief executive officer, the company said in a statement on Tuesday.
Amani Abou-Zeid elected AU Commissioner for Infrastructure and Energy
30-03-2017 | 08:30:00
The African Development Bank top Executive in charge of the African Natural Resources Center Amani Abou-Zeid was elected African Union Commissioner for Infrastructure and Energy at the latest AU Summit in the Ethiopian capital Addis Ababa.
[Egypt] Almosafer unveils flight-booking service
29-03-2017 | 16:00:00
Almosafer released its new flight-reservation feature for both their web and mobile app platforms. The service is valid for customers travelling to and from the Saudi Kingdom through more than 500 airlines globally
Increased Infrastructure, Labour-Intensive Manufacturing Key to Africa’s Industrial Competitiveness - Afreximbank President
27-03-2017 | 12:15:00
"At this stage, it might be better to import fabrics and transform them into garments or to produce and assemble other labour-intensive light-manufacturing goods rather than processing raw materials in a way that may not enable Africa to compete globally”.
[Egypt] QNB ALAHLI in partnership with Visa to unveil mVisa
27-03-2017 | 11:03:00
QNB ALAHLI and global payments technology company Visa are launching mVisa, a seamless and secure mobile solution for instant cashless payments, in Egypt. mVisa, which brings the benefits for easy and secure digital commerce to financial institutions
South Sudan Initiates Move to Join Afreximbank
27-03-2017 | 10:42:00
South Sudan has initiated moves to become a member of the African Export-Import Bank (Afreximbank), the Cairo-based continental multilateral financial institution established to promote and finance African trade.
[Egypt] SDX Energy commences drilling at South Disouq
22-03-2017 | 09:37:00
SDX Energy, the North Africa focused oil and gas company, has announced the commencement of drilling operations on the SD-1X well at its South Disouq concession in the Nile Delta area of Egypt.
[Egypt] Construction of mobile phone factory on course
22-03-2017 | 07:09:26
In its quest to manufacture its own mobile phones, Egypt has been constructing a mobile phone factory in Assiut Technological Park which is expected to be completed within the next few weeks.
Analysis of key sectors of Egypt: Business opportunities and trends
17-03-2017 | 06:47:04
Egypt is one of the fastest growing and most promising economy in Africa. Egypt's high growth rate in recent years was driven by high international tourist inflow, growth in trade & logistics and ICT market. Egypt GDP is growing at a moderate rate of 4.3% in 2015.
[Egypt] Infor acquires Accentia to grow regional footprint
15-03-2017 | 15:00:00
Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud,has announced the acquisition of Accentia Middle East, an Infor partner serving the Middle East, North Africa, and India (IMEA) region.
[Egypt] Innoventures launches “Startup Reactor” Fourth Cycle in Partnership with VC4A and SRI
06-03-2017 | 09:52:00
Innoventures has just opened applications for the fourth cycle of its accelerator program ‘Startup Reactor’ in partnership with VC4A after a successful third cycle and its grand finale last December.
[Egypt] ICFLIX Orange partnership brings entertainment to mobile customers
06-03-2017 | 07:18:00
Middle East and North Africa’s leading online streaming service ICFLIX has formed a strategic partnership with Orange, one of the world's leading telecommunications operators, to bring original ICFLIX productions along with a vast collection of digital content that includes Jazwood (Arabic) blockbuster movies and TV series as well as Award-winning Hollywood titles and Bollywood classics to Orange Egypt mobile customers.
EgyptAir in new codeshare agreement with Etihad Airways
02-03-2017 | 09:03:00
Etihad Airways and EgyptAir have signed a new codeshare partnership to be introduced in phases beginning March.
QNB Al-Ahli Bank to pioneer mVisa services in Egypt
01-03-2017 | 14:45:44
QNB Al-Ahli Bank has announced plans to roll out mVISA service in cooperation with the global payments technology company Visa becoming the first bank in Egypt to introduce the service.
[Egypt] Afreximbank and Arab Academy for Science, Technology and Maritime Transport discuss collaboration
27-02-2017 | 12:34:00
A delegation from the Arab Academy for Science, Technology and Maritime Transport today in Cairo visited Dr. Benedict Oramah, President of the African Export-Import Bank, for discussions on potential collaboration between the academy and the continental trade finance institution.
Afreximbank pledges financial and advisory support for Sao Tomé’s blue economy
16-02-2017 | 09:41:09
The African Export-Import Bank (Afreximbank) is committed to providing financial and advisory support to assist Sao Tomé and Principe achieve its structural transformation which focuses on expanding and diversifying its blue economy.
Egypt spearheads project connecting 10 African countries via Nile Shipping Line
15-02-2017 | 05:52:36
By 2024, a 4,000 kilometers waterway will connect 10 African countries, stretching between Lake Victoria and the Mediterranean Sea. An Egypt-led project, the navigational shipping line is to be established along the Nile River for small and medium-size commercial vessels to boost bilateral trade.
[Egypt] Afreximbank and Ecobank in a $500 million partnership to finance trade among member states
14-02-2017 | 13:47:02
The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate objectives
Egypt pays Italy's Eni $630 mln for Zohr gas field development
13-02-2017 | 09:55:00
The Central Bank of Egypt (CBE) said on Tuesday it has paid the government’s financial obligation to Italian energy company Eni for the development of the giant Zohr gas field discovered off the Mediterranean coast in 2015.
[Egypt] National Postal Authority and Commercial International Bank sign MOU on regulation of financial services
13-02-2017 | 07:26:18
The National Postal Authority (NPA) and the Commercial International Bank-Egypt (CIB), have signed a Memorandum of Understanding (MoU) for the regulation of financial services and the establishment of a financial inclusion base.
[Egypt] QNB voted most valuable banking brand in Middle East and Africa
07-02-2017 | 09:27:07
QNB Group has maintained its ranking of the most valuable banking brand in the Middle East and Africa region according to the annual survey carried out by Brand Finance and published by The Banker magazine
Egypt to finalise oil import deal with Iraq in February
06-02-2017 | 12:30:00
Head of Egypt's state oil company EGPC Tarek El-Hadidi said an Egyptian delegation will visit Iraq this month to finalise a crude oil import deal.