-
Thursday, 16 July 2015
N Gage Consulting releases export subsidy program report
Zero clarity on export subsidies: Just two days after Al-Borsa reported what it said was a statement from the Trade and Industry Ministry that export subsidies could nearly double from the EGP 2.6 bn promised in the FY2014-15 budget, Al-Shorouk... -
Sunday, 12 July 2015
Euronext-listed AXA Group to acquire 100% of CIL in EGP 763 mn all-cash transaction.
AXA announced late yesterday that it is acquiring 100% of Commercial International Life Insurance Co. (CIL), the third-largest life and savings insurance player in Egypt with a 15% market share. The selling parties are leading private-sector bank CIB (45% stake)... -
Sunday, 12 July 2015
4×4 vehicles banned in Sinai
Prime Minister Ibrahim Mahlab issued a decree banning four wheelers, regardless of their kind, from any area the Armed Forces designates in the governorates of North and South Sinai. Check out the text for yourself below in this .jpg extract from... -
Wednesday, 1 July 2015
Ezz Dekheila denies it is in arrears to state on natural gas purchases
The gas-to-industry story is getting messier by the day. EGAS Chairman Khaled Badie insists that there are no plans to increase natural gas prices for industrial consumers. The EGAS boss’ remarks to Al-Masry Al-Youm were directly contradicted an assertion made... -
Wednesday, 24 June 2015
Generation Hels: Why that Nestle Crunch ad hit such a nerve
JWT Egypt’s Ramadan 2015 television ad for Nestle Crunch snacks (not their chocolate bar, also going by the same name) is a reminder that there are a lot of talented comedy writers in Egypt who don’t typically have a platform... -
Sunday, 21 June 2015
President El Sisi Meets with Minister of Electricity and Renewable Energy
The following is a statement from Ittihadiya released on Sunday, 21 June 2015: Today, President Abdel Fattah El Sisi met with the Minister of Electricity and Renewable Energy Mohamed Shaker El Marqaby. The Minister briefed the President on the amount of... -
Saturday, 20 June 2015
President El Sisi meets Chairman of the Suez Canal Authority
The following is a statement from Ittihadiya released on Friday, 19 June 2015: President Abdel Fattah El Sisi met with the Chairman of the Suez Canal Authority Vice Admiral Mohab Mamish on Thursday. Mr. Mamish reviewed progress made to finalize... -
Saturday, 20 June 2015
President El Sisi Meets the Vice President and Prime Minister of Yemen
The following is a statement from Ittihadiya released on Friday, 19 June 2015: President Abdel Fattah El Sisi met on Thursday with the Vice President and Prime Minister of Yemen Khaled Bahah. Mr. Bahah conveyed the greetings of the... -
Monday, 15 June 2015
President El Sisi meets with Minister of Investment
The following statement was released by Ittihadiya on 15 June 2015: President Abdel Fattah El Sisi met on Sunday with Minister of Investment Ashraf Salman. The minister reviewed plans to hold a conference under the auspices of the President in...