Google Acquires News Stream Service Wavii
Google has acquired news stream service Wavii for an estimated $30m (£18m). Wavii, which was launched last year,…
Chat App Messaging Overtakes SMS Texts, Informa Says
Instant messaging on chat apps, such as WhatsApp, has overtaken the traditional SMS text message for the first…
Spain Constructs 3 Tunnels In Suez Canal At €840.000
Dr. Waleed Abdel Ghaffar, Head of Technical Committee for Suez Canal Corridor, met today the members of the Spanish…
Egypt’s Central Bank Offers US$ 40 Mln At Monday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million on Monday to local banks at its 52nd FX auction and the 36th…
Egypt Bourse Chief Says Not To Serve Second Term
Egypt’s bourse chief said he will not serve for another term of office as of coming July 1st, 2013. Dr. Mohamed…
Libya To Help Ease Egypt Crisis With $1.2bn Oil Deal
Libya will soon start shipping oil to neighboring Egypt on soft credit terms, two senior Libyan officials said, as…
Finance Ministry Seeks Technical Support For Sukuk From CitiBank
The Egyptian Ministry of Finance will meet on Tuesday officials from CitiBank for the fourth time to discuss…
DFM Index Inches Down In The Early Trade
The DFM General Index inched down to drop 0.85 percent during the first couple of hours trading on Monday 29th…
ADX Index Declines Further In The Early Trade
The ADX General Index hovering between north and south stepped down to reach at 3,272.32 levels during the first…
Bassem Auda Reviews His Plans To Support Social Justice
Dr Bassem Auda, Egyptian Minister of Supply and Internal Trade, will receive today the editors-in-chief of the…