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Egypt charity launches thalassemia campaignEgypt-based Resala Charity Association recently launched its ‘My Blood Can Save a Life’ campaign to encourage blood donation in support of patients with thalassemia. The launch took place on International Thalssemia Da More… |
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Sodic appoints new financial officerLeading Egyptian real estate developer Sodic that Salah Shafei has resigned from his position as chief financial officer, to be succeeded by Omar El-Hamawy, effective May 31. El-Hamawy succeeds Shafei after almost six years with S More… |
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Egypt says disputes with Damac are resolvedEgypt said on Wednesday it had settled disputes with the Dubai-based developer Damac involving projects dating back to the Mubarak era - an agreement the government hopes will reassure prospective investors. The government said th More… |
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MS Egypt Chapter urges public awarenessThe MS Chapter of the Egyptian Society of Neurology, Psychiatry, and Neurosurgery (ESNPN), urged better public understanding of the disease that affects 2.5 million people worldwide, on the occasion of World Multiple Sclerosis (MS) Day. More… |
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TMG first-quarter net profit falls 19.8pcEgyptian property developer Talaat Moustafa Group (TMG) said net profit in the first quarter of 2013 fell 19.8 percent to 139.4 million Egyptian pounds ($20 million). TMG's profit for the first quarter of 2012 was 173.7 millio More… |
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Egypt targets 2013/14 growth of 4.1pcEgypt's newly appointed Planning Minister Amr Darrag said on Wednesday that the government was targeting economic growth of 4.1 percent in the fiscal year that will begin on July 1. The government had previously been predictin More… |
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Mursi brings more Islamists into cabinetEgyptian President Mohamed Mursi increased the influence of his Muslim Brotherhood over government in a reshuffle that replaced two ministers involved in crucial talks with the International Monetary Fund over a $4.8 billion loan. More… |
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Egypt cabinet to be reshuffled by end of weekThe Egyptian cabinet will be reshuffled by the end of the week, a state-run newspaper reported, pointing to a delay in efforts to revamp a government widely criticised for failing to get the economy moving and to conclude a much-needed IMF loan More… |
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Egypt to raise fees for using Suez CanalEgypt will raise the fees paid by ships passing through the Suez Canal on Wednesday in an effort to boost revenue as the economy struggles to head off a currency crisis. The strategic waterway is one of the main sources of foreign More… |
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Egypt ‘won’t sell more public companies’Egypt will not sell any more state-owned companies, President Mohamed Mursi said in a speech on Tuesday. "There will not be any more selling of the public sector again. That is over," Mursi said in a speech to steel and More… |
