Monday 25 July 2016
 
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Egypt

Solar plane takes off from Egypt on final leg

An aircraft powered by solar energy left Egypt on Sunday on the last leg of the first ever fuel-free flight around the globe. Solar Impulse 2, a spindly single-seat plane, took off from Cairo in darkness en route to Abu Dhabi, its

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Maalem to deliver Egyptian housing projects in 2017

Egypt-based Maalem Group for real estate development is set to hand over a range of residential projects by the beginning of next year, said a report. The projects include 12 residential towers in New Cairo, three of which would b

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Bahrain welcomes Al Masria Universal Airline flights

Bahrain International Airport (BIA) recently welcomed the first scheduled flight of Al Masria Universal Airlines into Bahrain. The Egypt-based carrier will operate three weekly flights to Bahrain International Airport from Cairo o

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ENBD Egypt suspends credit, debit card use abroad

Emirates NBD Egypt said it was suspending use of debit and credit cards abroad, a control intended to keep hard currency inside the bank as Egypt endures a crippling forex shortage. Egypt has suffered from

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Zain expresses interest in Egypt 4G licence

Kuwait's Zain has communicated to Egypt's telecommunications regulator its preliminary interest in obtaining a fourth-generation (4G) licence, the operator said in a bourse filing. Zain "is studying a number of invest

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Zain expresses interest in Egypt 4G licence

Kuwait's Zain has communicated to Egypt's telecommunications regulator its preliminary interest in obtaining a fourth-generation (4G) licence, the operator said in a bourse filing. Zain "is studying a number of invest

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Egypt dairy Domty plans $27m production boost

Egyptian dairy company Arabian Food Industries Co (Domty) is planning to invest 240 million Egyptian pounds ($27 million) in 2016-17 to fund expansion and increase production capacity. Egyptian dairy company Arabian Food Industrie

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Heliopolis to build key treatment plant in Egypt

Egypt-based Heliopolis Company for Housing and Development has announced plans to set up a water tertiary treatment plant in capital Cairo at an investment of E£100 million ($11.2 million), said a report. A suburb in north e

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Jumeirah Real Estate to launch $1.7bn Egypt project

Egypt-based Jumeirah Real Estate Investment & General Trading Company has joined hands with Sakan Developments to launch a major mixed-use waterfront project in the heart of Ras El Hekma bay on North Coast at an investment of E£15 bill

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Honeywell names new country president for Egypt

Honeywell, a Fortune 100 cyber industrial company, has announced the appointment of Khaled Hashem as its new country president for Egypt. Hashem, an Egyptian national, will lead Honeywell’s local operations and will focus on

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