Ex-chief army Abdel Fattah al-Sisi is formally sworn in on Sunday, signaling the end of Egypt's roadmap made after the ouster of Islamist-led president Mohamed Morsi in July 4, 2013.
Security forces have been deployed at key locations around the (...)
Today, Samsung Electronics announced that Seung-ho Yun has joined the Egypt team as the Managing Director, replacing Duke Park who has been working as Samsung Egypt's Managing Director since 2009.
With over 20 years of working with Samsung, Mr. Yun (...)
Fitch Ratings has affirmed National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of Egypt (UK) Ltd's (NBEUK), and Commercial International Bank's (CIB) Long-term foreign currency Issuer Default Ratings (IDR) at 'B-' and revised (...)
The world's leading organizer of conferences for capital markets and cross border investments, Euromoney Conference 2013 has just kicked off on Monday in Cairo under the title of "Economic Priorities and the Role of Financial Markets" with the (...)
Amnesty International has called on Egyptian authorities to ensure that ousted president Mohamed Morsi appears in court and has access to all available resources for his defence.
The Egyptian authorities must ensure ousted President Mohamed Morsi (...)
Lecico Egypt (LCSW.CA), in reference to its press release dated 21 October 2013, has confirmed that Lecico France has been unable to find a buyer for its companies on a going-concern basis and will therefore proceed with bankruptcy proceedings of (...)
Lecico Egypt (LCSW.CA) confirms that it is considering selling all its group-owned operating companies in France, consisting of Lecico France, Lecico Distribution and Sarreguemines Bâtiment.
Lecico France is the parent of Sarreguemines Batiment, an (...)
Catherine Ashton – the High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the Commission - issued the following statement on Tuesday, October 9th on the recent violence in Egypt.
"I was deeply (...)
In Egypt, remittances have tripled since 2009, reaching US$20 billion this year to be rank the first in Arab countries and the sixth in the list of top recipients of remittances transferred to developing countries, World Bank Migration and (...)
In a report published today, Moody's Investors Service says that Egypt's Caa1 sovereign rating with negative outlook reflects the country's considerable economic dislocation and political uncertainty, stemming from the January 2011 revolution.
The (...)
More than 250 leading players, key regulators and thought leaders in the regional Islamic insurance industry will be gathering on the 7th and 8th of October 2013 at the Gulf Hotel in Kingdom of Bahrain, for the 2nd Annual Middle East Takaful Forum (...)
New research shows that Africa is lacking in high-quality managers with the skills and competencies to capitalise on the continent's economic potential. Part of the problem lies in the type of management that does exist: the continent needs to (...)
Egypt's rank in the 2013-2014 Global Competitiveness Index (GCI) slid to 118th position (out of 148 countries) from the 2012-2013 position of 107 (out of 144 countries), placing it in the lowest quartile of countries included in the report.
Egypt's (...)
Under the sponsorship of Egypt's Ministry of Housing and Urban Communities, the second day of the real estate summit 'Cityscape 2013' has kicked off on Thursday at interContinental Cairo CityStars hotel, Cairo entitled 'Informal & Affordable (...)
Tarek Wafiq, Egypt's Minister of Housing and Urban Communities, on Thursday has inaugurated the 12th edition of the property exhibition Cityscape for the year of 2013.
Taking place until Sunday 31st March at the Cairo International Convention and (...)