Egypt
Sources: Egypt sacks 41 judges for supporting the Brotherhood
Egypt
March 14, 2015
Sources: Egypt sacks 41 judges for supporting the Brotherhood
An Egyptian disciplinary court ordered 41 judges into compulsory retirement on Saturday for supporting the outlawed Muslim Brotherhood, judicial sources…
Islamic Trade Finance Corp signs $3 bn oil products deal with Egypt
Business
March 14, 2015
Islamic Trade Finance Corp signs $3 bn oil products deal with Egypt
Islamic Trade Finance Corporation signed a $3 billion deal with Egypt on Saturday to help it import refined petroleum products.The…
Kerry expects aid to Egypt to be delivered “soon”
Business
March 14, 2015
Kerry expects aid to Egypt to be delivered “soon”
United States Secretary of State John Kerry said on Saturday he expects a decision to be issued "soon" regarding the resumption of…
BP signs US$12 billion energy deal in Egypt
Business
March 14, 2015
BP signs US$12 billion energy deal in Egypt
British oil company BP (BP.L) finalized on Saturday a US$12 billion deal with Egypt to develop 5 trillion cubic feet…
Medical official: 4 injured in blast outside Alexandria banK
Egypt
March 14, 2015
Medical official: 4 injured in blast outside Alexandria banK
Four people were injured in an explosion in the vicinity of an HCBS bank east of the coastal city of…
C.bank governor: No black market in currencies in Egypt
Business
March 14, 2015
C.bank governor: No black market in currencies in Egypt
Egypt has enforced a set of rules which have eliminated the black market in currency, the central bank governor said…
Italy’s Eni signs heads of agreement with Egypt worth $5 billion over four-five years
Business
March 14, 2015
Italy’s Eni signs heads of agreement with Egypt worth $5 billion over four-five years
Italian oil major Eni signed heads of agreement with the Egypt worth $5 billion (LE3.4 billion) over 4-5 years, the oil…
PepsiCo to invest US$500 mn in Egypt this year
Business
March 14, 2015
PepsiCo to invest US$500 mn in Egypt this year
PepsiCo will invest $500 million in Egypt this year to expand production, its business unit manager for North East Africa…
CEO: UAE firm KBBO plans US$2 bn investments in Egypt
Business
March 14, 2015
CEO: UAE firm KBBO plans US$2 bn investments in Egypt
Khalifa bin Butti Bin Omeir (KBBO) group, a private investment group in the United Arab Emirates, plans to invest US$2…
Sisi: Egypt targets 6% growth over 5 years, 10% unemployment
Business
March 13, 2015
Sisi: Egypt targets 6% growth over 5 years, 10% unemployment
Egypt is targeting economic growth of 6 percent over the next five years, and decrease in the unemployment rate to…