Egypt Crafts Center exports increase 350 pct in 3 years
CAIRO: The Egypt Crafts Center (ECC), a fair trade organization, announced an increase in exports to LE 250,000, up from LE 75,000 in 2004.ECC General Manager Mona El Sayed announced…
Intel showcases world's first 45nm processors in Cairo
CAIRO: Intel Corporation showcased its latest family of processors for the first time in Cairo on Sunday. The newly unveiled 16 server and high-end PC processors are built using a…
Saint-Gobain to build float glass production unit in Egypt
Dow Jones reported that French building materials maker Compagnie de Saint-Gobain SA said Monday it will open a float glass production line in Egypt, to build on the strong growth…
Investors flock to first day of GAIM Middle East
Middle East's inaugural Global Alternative Investment Management (GAIM) conference launched Tuesday at the Jumeirah Beach Hotel in Dubai. The conference is outlining the need for regional investors to diversify, in…
Emaar.E.C unveils sea-side residential units at Bay La Sun
Emaar, the Economic City (Emaar E.C.), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has unveiled a sea-side residential tower within the recently launched Bay La Sun Village in…
Egypt selects SAP as strategic IT provider
On Tuesday, the Egyptian government selected SAP as its strategic IT provider for enterprise resource planning (ERP) software. Central to the development of Egypt's growing communication and information technology (CIT)…
Orascom Construction net up 40 pct in third quarter
CAIRO: Orascom Construction Industries (OCI) released their third quarter results Tuesday, reporting a 40 percent surge in net income to $491.8 million, up from $350.3 million last year.In a statement…
THE REEL ESTATE: The essential guide to the 31st Cairo International Film Festival
The biggest annual cultural event in Egypt kicked off Tuesday. The 31st Cairo International Film Festival opened with a brand new set of promises, strong international competitions and films from…
In Focus: Jihad Revisions: Is it too late?
Sayed Imam Al-Shareef, chief ideologue of the Arab Jihadists and Emir of Egypt's Jihad organization, has recently publicized revisions of his previous writings. These revisions, however, beg the question: What…