Mercedes-Benz in initial talks to return to Egyptian markets following 2-year hiatus
“has succeeded in initial talks” with Mercedes-Benz officials to bring the international automobile manufacturer back to Egypt following a two-year halt, the head of...
IBM announces Major block chain solution to speed global payments
IBM has announced a new block chain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce...
Amazon Web Services will lose money on $6.6 billion
Amazon’s cloud computing business is growing fast and will grow from $4.6 billion in revenue in 2014 to $6.6 billion in 2015 and $9.2...
Sharm El-Sheikh’s 2017 Africa Conference opens the gate for the wealth of the continent’s...
Last week, Sharm el-Sheikh hosted the 2017 Africa Conference, marking the second session of the conference for the second consecutive year after the Africa...
Emaar plans first Vida hotel project in Egypt
UAE-based Emaar Hospitality Group is set to develop Vida Marassi Marina, a major leisure development with 120 hotel rooms and suites offering a refreshing;...
Tarek Amer named Central Bank Governor of the Year 2017
News Agencies, Governor of the Central Bank of Egypt Tarek Amer was named Central Bank Governor of the Year for Middle East and North...
GE subsidiary wins project in Egypt’s Zohr Gas Field
In a signing ceremony hosted by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company announced a...
GE, Siemens offers to upgrade Egypt’s railways
Investment and International Cooperation Minister Sahar Nasr and Transport Minister Hisham Arafat discussed with senior officials of General Electric (GE) and Siemens their offers...
El Molla Inspects Dahshur Gas Compressor Station’s Expansion Work
Minister of Petroleum and Mineral Resources Tarek El Molla has inspected the progress of work in the new interchange control center for...
Quincey named new Coca-Cola CEO
The Coca-Cola Company has appointed James Quincey, the president and chief operating officer, as the group's new chief executive officer starting from May next...