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Egypt

Egypt-Italy: Eni to invest $ 2 billion in Egypt’s oil fields exploration

June 5, 2015 Geraldine Boechat 0

Egypt and the Italian oil company Eni have agreed on a $2 billion deal authorizing the Italian firm to explore some of Egypt’s oil fields. […]

Kenya: Foreign investors haul $51Mln out of Nairobi Securities Exchange

June 2, 2015 Khalid Al Mouahidi 0

The Nairobi Securities Exchange has lost 6.75% of its value during the month of May 2015. According to official sources, foreign investors took out Sh1.5 […]

Egypt: 20 companies listed on EGX since May 2014

May 29, 2015 Geraldine Boechat 0

The Egyptian Stock Exchange is preparing to welcome, for the second time, an investment conference on financial markets, reports Egypt “Daily News” citing a press […]

Egypt: Palm Hills Raises $ 213 Mln in share issue

May 27, 2015 Steven Addamah 0

Palm Hills, Egypt’s second largest listed property developer announced on May 25th that it has raised 1.62 billion Egyptian pounds ($ 213 million) through a […]

Egypt: Egyptian Authorities accused of rampant sexual abuses

May 20, 2015 Khalid Al Mouahidi 0

Despite strong accusations of massive and unjust trials from human right organisations, Egypt authorities have been accused of sexual abuses perpetrated on women, men, children […]

Egypt’s CIB posts 38% rise in 2015 Q1 profit

May 20, 2015 Steven Addamah 0

Egyptian banking group Commercial International Bank (CIB) announced on May 13, has recorded consolidated revenues of EGP 2.58bn, up 47% and a net income of […]

Egypt: “No strikes, more production and work”, Trade Union tells workers

April 28, 2015 Khalid Al Mouahidi 0

The Egyptian Trade Union Federation (ETUF) has issued a ‘code of conduct’ highlighting that workers should invest their energy in “no strikes, more production and […]

Egypt: Morsi and Co. sentenced, a more revolutionary Brotherhood being revived  

April 22, 2015 Khalid Al Mouahidi 0

Egypt’s first democratically elected president, Mohamed Morsi, who was later on ousted from power after a year by President Sisi has been sentenced by the […]

Egypt : Military brass changed to revolutionize strategy

April 13, 2015 Steven Addamah 0

A major shuffle of the top brass of the Egyptian military was announced on Sunday and it coincided with the killing of at least 12 […]

Turkey: Free Morsi if you want fresh ties, Erdogan

April 10, 2015 Geraldine Boechat 0

President Erdogan has asked President Sisi to free Mohammed Morsi before ties between the two countries can be restored. The Turkish president said that Morsi […]

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