Month: August 2016

Cleopatra Hospital’s board approves 47% acquisition of CSH

Cleopatra Hospital Company (CLHO.CA on the Egyptian Exchange) announced that its Board…

Daily News Egypt

Ousta raises $1.25m from Egypt, UAE investors

Founder and chairperson of Ousta Nader El-Batrawi said his company was able…

Adel M. Fakhry

Armed Forces Arming Authority negotiate to obtain biometric devices for EHCAAN

The Russian parties demanded the provision of these devices, and that airports…

Ahmed Saad

VAT, depreciation of Egyptian pound could increase real estate prices by 15%-20%

Real Estate Investment Division demands reducing VAT rate on construction contracts from…

Shaimaa Al-Aees

State Council finalises controversial church construction and Civil Service laws

Council says examination of press and media law will take time as…

Daily News Egypt

Eni to raise Noras field production to 1bn feet of gas a day in 2017

Increase comes alongside efforts to offset natural rate of decline, says source

Mohamed Adel

Court to issue another verdict on Hisham Geneina in October

Former top auditor is accused of spreading false information

Sarah Nazeer

FGM practitioners to receive 7 years imprisonment: health minister

Minister of Health Ahmed Emad announced Sunday that the cabinet approved a…

Nourhan Mohamed

Household sector acquires 75.3% of total deposits in banks in May: CBE

The household sector acquired 75.3% of the total deposits in banks in…

Hossam Mounir

Operations on western borders continue: Egyptian Armed Forces

The Egyptian Armed Forces announced Saturday that the Air Force has destroyed…

Sarah Nazeer