Zawya.com - Egypt Top Stories http://www.zawya.com/top-stories/rss/egypt/ en-us Copyright 2015 Zawya Ltd. All rights reserved. Tue, 31 Mar 2015 12:45:47 GMT 100 Zawya.com | Middle East Business News and Company Directory 144 76 http://www.zawya.com//top-stories/rss/egypt/ http://www.zawya.com/images/newsletter_zawya_logo.gif Egypt court frees 68 political, Brotherhood activists in rare move http://www.zawya.com/story/Egypt_court_frees_68_political_Brotherhood_activists_in_rare_move-TR20150331nL6N0WX3M1X2/ In an unusual move, an Egyptian court acquitted on Tuesday 68 people, including members of the outlawed Muslim Brotherhood, who were charged with gathering illegally and attacking security forces, judicial sources said. Tue, 31 Mar 2015 13:01:13 GMT Reuters TR20150331nL6N0WX3M1X2 Open Saudi Arabia slides further; property stocks lift Egypt http://www.zawya.com/story/Saudi_Arabia_slides_further_property_stocks_lift_Egypt-TR20150331nL6N0WX26EX2/ Bears appeared to be winning a tug-of-war in Saudi Arabia's stock market during early trade on Tuesday after oil prices extended losses, while Egypt's bourse rose, led by real estate stocks Tue, 31 Mar 2015 09:21:00 GMT Reuters TR20150331nL6N0WX26EX2 Subscription DAMAC lifts Dubai, other Gulf markets mixed http://www.zawya.com/story/DAMAC_lifts_Dubai_other_Gulf_markets_mixed-TR20150331nL6N0WX0YTX2/ Shares in Dubai real estate developer DAMAC surged in early trade on Tuesday after the company reported strong first-quarter sales, while other Gulf stocks were mixed as oil prices remained soft. Tue, 31 Mar 2015 07:30:33 GMT Reuters TR20150331nL6N0WX0YTX2 Subscription Arab Importers & Exporters Union plans USD1.5bn investments in Sudan http://www.zawya.com/story/Arab_Importers__Exporters_Union_plans_USD15bn_investments_in_Sudan-ZAWYA20150331060310/ One of those anticipated MoUs aims to establish two plants; one for home appliance and another for manufacturing gas cylinder, with investments of USD 500 million. Tue, 31 Mar 2015 06:17:50 GMT Amwal Alghad ZAWYA20150331060310 Open Al Tameer Cement in talks with Germany's KHD over EGP2.2bn line http://www.zawya.com/story/Al_Tameer_Cement_in_talks_with_Germanys_KHD_over_EGP22bn_line-ZAWYA20150331060130/ Egypt's Al Tameer Cement plans to build a new production line for its factory in Assiut city within two years. Tue, 31 Mar 2015 06:11:32 GMT Amwal Alghad ZAWYA20150331060130 Open Egypt expected to join China-led Asian Infrastructure Investment Bank http://www.zawya.com/story/Egypt_expected_to_join_Chinaled_Asian_Infrastructure_Investment_Bank-ZAWYA20150331060114/ The ministry said China welcomes the application and Egypt will become a member on April 14 if the process goes smoothly. Tue, 31 Mar 2015 06:09:54 GMT Amwal Alghad ZAWYA20150331060114 Open U.S. supports, would cooperate with proposed Arab force -Carter http://www.zawya.com/story/US_supports_would_cooperate_with_proposed_Arab_force_Carter-TR20150330nL2N0WW2PZX2/ The U.S. supports Arab plans to create a unified military force, and the Pentagon will cooperate with it where U.S. and Arab interests coincide, Defense Secretary Ash Carter said. Tue, 31 Mar 2015 05:50:04 GMT Reuters TR20150330nL2N0WW2PZX2 Subscription Egypt spends 30% less on fuel subsidies in H1 fiscal year http://www.zawya.com/story/Egypt_spends_30_less_on_fuel_subsidies_in_H1_fiscal_year-TR20150330nL6N0WW280X3/ Egypt's fuel subsidy bill for the first half of the current fiscal year fell to EGP44.8 billion (USD5.9 billion) from EGP64.5 billion a year earlier, the finance ministry said. Mon, 30 Mar 2015 11:33:13 GMT Reuters TR20150330nL6N0WW280X3 Subscription Gulf markets diverge on mixed co news, weaker oil, dividends http://www.zawya.com/story/Gulf_markets_diverge_on_mixed_co_news_weaker_oil_dividends-TR20150330nL6N0WW1M3X2/ Middle East stock markets were mixed by midday on Monday, driven by weaker oil and company-specific news as well as stocks going ex-dividend. Mon, 30 Mar 2015 09:44:23 GMT Reuters TR20150330nL6N0WW1M3X2 Subscription Egypt's El Sewedy Electric 2014 profit more than triples http://www.zawya.com/story/Egypts_El_Sewedy_Electric_2014_profit_more_than_triples-TR20150330nL6N0WW1JLX3/ Egypt's El Sewedy Electric on Monday reported a jump in annual net profit to EGP445.1 million (USD58.34 million) in 2014 from 134.5 million the previous year. Mon, 30 Mar 2015 09:27:43 GMT Reuters TR20150330nL6N0WW1JLX3 Open Mideast wealth builders investing in real estate http://www.zawya.com/story/Mideast_wealth_builders_investing_in_real_estate-ZAWYA20150330041216/ Approximately 17% of new Middle Eastern wealth builders have earned their wealth through real estate investments and land developments, according to a report by the New Economist Intelligence Unit. Mon, 30 Mar 2015 05:39:11 GMT The Saudi Gazette ZAWYA20150330041216 Open Weaker oil may dampen Gulf sentiment http://www.zawya.com/story/Weaker_oil_may_dampen_Gulf_sentiment-TR20150330nL6N0WW073X2/ Renewed weakness in oil prices ahead of a deadline on Iran nuclear talks may dampen Gulf investor sentiment on Monday. Mon, 30 Mar 2015 05:25:17 GMT Reuters TR20150330nL6N0WW073X2 Subscription Egypt lists top Brotherhood leader, 17 others as terrorists http://www.zawya.com/story/Egypt_lists_top_Brotherhood_leader_17_others_as_terrorists-TR20150329nL6N0WV0SAX2/ Egypt's public prosecutor has listed the Muslim Brotherhood's leader and 17 other top members of the group as terrorists, state media said on Sunday. Mon, 30 Mar 2015 04:51:13 GMT Reuters TR20150329nL6N0WV0SAX2 Open Morocco to host twenty-seventh session Arab summit 2016 http://www.zawya.com/story/Morocco_to_host_twentyseventh_session_Arab_summit_2016-WAM20150329113040507/ The twenty-seventh session of the Arab summit in March 2016 will be held in Morocco, announced the Moroccan Prime Minister, Abdulilah Benkiran, during this years summit which concluded today. Sun, 29 Mar 2015 13:32:19 GMT WAM (Emirates News Agency) WAM20150329113040507 Open USD15m of World Bank's loan allocated for Egypt entrepreneurship http://www.zawya.com/story/USD15m_of_World_Banks_loan_allocated_for_Egypt_entrepreneurship-ZAWYA20150329044558/ Egypt's Social Fund for Development (SFD) allocates US$15 million from US$300 million World Bank-led loan to finance entrepreneurship projects. Sun, 29 Mar 2015 06:05:56 GMT Amwal Alghad ZAWYA20150329044558 Open USD3.4bn revenues of Suez Canal in 8 months http://www.zawya.com/story/USD34bn_revenues_of_Suez_Canal_in_8_months-ZAWYA20150329044612/ Egypt's vital waterway Suez Canal reported revenues of US$3.65 billion (27.8 billion Egyptian pounds) during the first 8 months of current fiscal year 2014/2015. Sun, 29 Mar 2015 06:03:50 GMT Amwal Alghad ZAWYA20150329044612 Open Egypt's Sisi backs unified Arab force to confront regional threats http://www.zawya.com/story/Egypts_Sisi_backs_unified_Arab_force_to_confront_regional_threats-TR20150328nL6N0WU09TX5/ Egyptian President Abdel Fattah al-Sisi told an Arab League summit on Saturday that Cairo backed calls for a unified Arab force to confront regional security threats. Sun, 29 Mar 2015 05:01:50 GMT Reuters TR20150328nL6N0WU09TX5 Subscription Egypt's NBE to issue eurobonds http://www.zawya.com/story/Egypts_NBE_to_issue_eurobonds-ZAWYA20150328050559/ The National Bank of Egypt (NBE), Egypt's largest state-owned bank, plans to issue a dollar-denominated bond in global markets by the end of June. Sat, 28 Mar 2015 08:03:19 GMT Al Ahram Weekly ZAWYA20150328050559 Open Gulf travellers likely to be unfazed by new Egypt visa rule http://www.zawya.com/story/Gulf_travellers_likely_to_be_unfazed_by_new_Egypt_visa_rule-GN_27032015_280337/ An overhaul of Egypt’s visa system announced last week is unlikely to keep Gulf residents from jetting off to see the pyramids this summer. Sat, 28 Mar 2015 06:23:00 GMT Gulf News GN_27032015_280337 Open Egypt's Link DSL: No Intention to merge with Noor Internet http://www.zawya.com/story/Egypts_Link_DSL_No_Intention_to_merge_with_Noor_Internet-ZAWYA20150327035653/ Egypt's Link DSL- a Mobinil affiliated company - has ruled out any merger plans with Noor ADSL for Telecommunications in order to provide high speed internet services. Fri, 27 Mar 2015 08:09:54 GMT Amwal Alghad ZAWYA20150327035653 Open Egypt offers 82 feddans to build EGP500m Trade Zone in Gharbia - ITDA http://www.zawya.com/story/Egypt_offers_82_feddans_to_build_EGP500m_Trade_Zone_in_Gharbia__ITDA-ZAWYA20150327035628/ Egypt will present around 82 feddans to establish a trade zone in Gharbia governorate, the country's Internal Trade Development Authority (ITDA) stated. Fri, 27 Mar 2015 08:06:05 GMT Amwal Alghad ZAWYA20150327035628 Open Arab foreign ministers agree on unified military force http://www.zawya.com/story/Arab_foreign_ministers_agree_on_unified_military_force-TR20150326nL6N0WS60HX3/ Arab foreign ministers meeting in Egypt agreed a draft resolution to form a unified military force, in a move aimed at countering growing regional security threats. Fri, 27 Mar 2015 06:07:09 GMT Reuters TR20150326nL6N0WS60HX3 Open Saudi Arabia leads air strikes against Yemen's Houthi rebels http://www.zawya.com/story/Saudi_Arabia_leads_air_strikes_against_Yemens_Houthi_rebels-ZAWYA20150326143025/ Warplanes from Saudi Arabia and Arab allies struck Shi'ite Muslim rebels fighting to oust Yemen's president, in a major gamble by the world's top oil exporter to check Iranian influence in its backyard. Thu, 26 Mar 2015 14:33:53 GMT Reuters ZAWYA20150326143025 Open Four Egyptian naval vessels en route to secure Gulf of Aden - sources http://www.zawya.com/story/Four_Egyptian_naval_vessels_en_route_to_secure_Gulf_of_Aden__sources-TR20150326nL6N0WS2U4X3/ Four Egyptian naval vessels have crossed the Suez Canal en route to Yemen to secure the Gulf of Aden, maritime sources at the Suez Canal said. Thu, 26 Mar 2015 11:23:58 GMT Reuters TR20150326nL6N0WS2U4X3 Subscription Egyptian naval, air forces joined in Yemen campaign against Houthis - source http://www.zawya.com/story/Egyptian_naval_air_forces_joined_in_Yemen_campaign_against_Houthis__source-TR20150326nL6N0WS2M6X3/ Egypt participated in the Saudi-led campaign against Shi'ite Houthis militias in Yemen with its naval and air forces, an Egyptian military source said on Thursday. Thu, 26 Mar 2015 10:34:18 GMT Reuters TR20150326nL6N0WS2M6X3 Open Egypt may release 12 new licences for cement production soon - Official http://www.zawya.com/story/Egypt_may_release_12_new_licences_for_cement_production_soon__Official-ZAWYA20150326053733/ Egypt studies granting around 12 new licenses for cement production within the coming three months, the Industrial Development Authority's vice chairman announced. Thu, 26 Mar 2015 06:06:00 GMT Amwal Alghad ZAWYA20150326053733 Open Ethiopia approves Egyptian industrial zone project http://www.zawya.com/story/Ethiopia_approves_Egyptian_industrial_zone_project-ZAWYA20150326053735/ Ethiopia approves to allocate 2 million metres in favour of an Egyptian industrial zone in its lands, chairman of the Egyptian Junior Business Association (EJB) Hossam Farid announced. Thu, 26 Mar 2015 06:04:42 GMT Amwal Alghad ZAWYA20150326053735 Open Former top Mubarak-era official freed from jail http://www.zawya.com/story/Former_top_Mubarakera_official_freed_from_jail-TR20150325nL6N0WR3RLX2/ A former interior minister under Egypt's ousted leader Hosni Mubarak was freed from jail on Wednesday after being cleared of graft charges. Thu, 26 Mar 2015 06:02:27 GMT Reuters TR20150325nL6N0WR3RLX2 Open SMEs provide job opportunities for 66% of Egypt graduates annually - Microsoft http://www.zawya.com/story/SMEs_provide_job_opportunities_for_66_of_Egypt_graduates_annually__Microsoft-ZAWYA20150326053755/ Every year, the small and medium-sized enterprises (SMEs) working in Egypt provide jobs for more than 66% of graduates with technical education certificates, general manager of Microsoft Egypt office, Khaled Abdel Kader said. Thu, 26 Mar 2015 05:59:34 GMT Amwal Alghad ZAWYA20150326053755 Open National Bank of Egypt, SFD sign new finance deal next week http://www.zawya.com/story/National_Bank_of_Egypt_SFD_sign_new_finance_deal_next_week-ZAWYA20150326054036/ National Bank of Egypt (NBE) is due to sign a new contract worth 200 million Egyptian pounds (USD 26.2 million) with Social Fund for Development (SFD) within next week. Thu, 26 Mar 2015 05:58:18 GMT Amwal Alghad ZAWYA20150326054036 Open Mokaddem highlights AfDB's priorities for Egypt in 2015 http://www.zawya.com/story/Mokaddem_highlights_AfDBs_priorities_for_Egypt_in_2015-ZAWYA20150326054111/ The African Development Bank (AfDB) Communications and External Communications Department sat down with Resident Representative for Egypt Leila Mokaddem during the recent Egypt Economic Development Conference (EEDC) in Sharm El-Sheikh. Thu, 26 Mar 2015 05:48:24 GMT Amwal Alghad ZAWYA20150326054111 Open Egypt providing military support for Gulf Arab operation in Yemen http://www.zawya.com/story/Egypt_providing_military_support_for_Gulf_Arab_operation_in_Yemen-TR20150326nL6N0WS02LX3/ Egypt is providing political and military support for an operation launched by Saudi Arabia and its Gulf Arab allies against Houthi fighters in Yemen. Thu, 26 Mar 2015 05:17:34 GMT Reuters TR20150326nL6N0WS02LX3 Open Egypt's Arab Investment Bank and IDB unit launch leasing firm http://www.zawya.com/story/Egypts_Arab_Investment_Bank_and_IDB_unit_launch_leasing_firm-TR20150326nL6N0WS01VX2/ Egypt's Arab Investment Bank and the private sector arm of the Islamic Development Bank will launch an Islamic leasing firm in the third quarter. Thu, 26 Mar 2015 05:03:25 GMT Reuters TR20150326nL6N0WS01VX2 Subscription Arab leaders confronted with multiple crises at summit http://www.zawya.com/story/Arab_leaders_confronted_with_multiple_crises_at_summit-ZAWYA20150325144849/ Arab leaders meeting at a summit this week face rapidly deteriorating conflicts inYemen and Libya, but have yet to agree on a concrete plan to counter regional chaos. Wed, 25 Mar 2015 14:53:29 GMT Reuters ZAWYA20150325144849 Open Egypt's Suez canal revenue at USD382m in Feb -govt website http://www.zawya.com/story/Egypts_Suez_canal_revenue_at_USD382m_in_Feb_govt_website-TR20150325nL6N0WR2F7X3/ Egypt's revenue from the Suez Canal was USD382 million in February, a government website said on Wednesday, down from USD434.8 million in January. Wed, 25 Mar 2015 11:12:50 GMT Reuters TR20150325nL6N0WR2F7X3 Open Egyptian court adjourns trial of Al Jazeera journalists to April 22 http://www.zawya.com/story/Egyptian_court_adjourns_trial_of_Al_Jazeera_journalists_to_April_22-TR20150325nL6N0WR1KGX2/ An Egyptian court said on Wednesday it adjourned until April 22 the trial of two Al Jazeera television journalists. Wed, 25 Mar 2015 09:08:05 GMT Reuters TR20150325nL6N0WR1KGX2 Open GMC Egypt to inject USD13m investments in 2015 http://www.zawya.com/story/GMC_Egypt_to_inject_USD13m_investments_in_2015-ZAWYA20150325051427/ GMC Egypt Group for Industrial, Commercial and Financial Investments targets investments worth EGP 100 million (USD 13 million) in 2015, founder and CEO Mohamed Genedy told Amwal Al Ghad. Wed, 25 Mar 2015 06:26:41 GMT Amwal Alghad ZAWYA20150325051427 Open Assiut University launches Insurance Policy worth EGP3bn http://www.zawya.com/story/Assiut_University_launches_Insurance_Policy_worth_EGP3bn-ZAWYA20150325051456/ Insurers in Egypt are competing to win an insurance policy tender for Assiut University's assets and affiliated premises. Wed, 25 Mar 2015 06:24:19 GMT Amwal Alghad ZAWYA20150325051456 Open Egypt Solar Industry Association releases solar report http://www.zawya.com/story/Egypt_Solar_Industry_Association_releases_solar_report-ZAWYA20150325051624/ Egypt has captured the headlines and attention of the solar industry the last several weeks. Wed, 25 Mar 2015 06:23:26 GMT Amwal Alghad ZAWYA20150325051624 Open Gulf markets may consolidate as oil steady http://www.zawya.com/story/Gulf_markets_may_consolidate_as_oil_steady-TR20150325nL6N0WR07SX3/ Stable oil prices and a lack of corporate news may leave most Gulf stock markets moving sideways on Wednesday. Wed, 25 Mar 2015 06:12:12 GMT Reuters TR20150325nL6N0WR07SX3 Subscription Oldest evidence of breast cancer found in Egyptian skeleton http://www.zawya.com/story/Oldest_evidence_of_breast_cancer_found_in_Egyptian_skeleton-TR20150324nL6N0WQ3DNX2/ A team from a Spanish university has discovered what Egyptian authorities are calling the world's oldest evidence of breast cancer in the 4,200-year-old skeleton of an adult woman. Wed, 25 Mar 2015 04:32:35 GMT Reuters TR20150324nL6N0WQ3DNX2 Open Bomb kills two soldiers in Egypt's Sinai -sources http://www.zawya.com/story/Bomb_kills_two_soldiers_in_Egypts_Sinai_sources-TR20150324nL6N0WQ1IZX2/ A roadside bomb killed two Egyptian soldiers on Tuesday during a patrol near the town of Sheikh Zuweid, medical and security sources said, the latest in a string of attacks in the Sinai Peninsula bordering Israel and the Suez Canal. Tue, 24 Mar 2015 09:58:49 GMT Reuters TR20150324nL6N0WQ1IZX2 Open Misr Life Insurance: Direct premiums 15.4% up in 8 months http://www.zawya.com/story/Misr_Life_Insurance_Direct_premiums_154_up_in_8_months-ZAWYA20150324052751/ Egypt's Misr Life Insurance posted a 15.4 percent direct premium growth to reach 1.536 billion Egyptian pounds (USD 201.2 million) during the first 8 months of current fiscal year 2014-15. Tue, 24 Mar 2015 06:49:25 GMT Amwal Alghad ZAWYA20150324052751 Open Housing and Development Bank eyes more 38 new branches in three years http://www.zawya.com/story/Housing_and_Development_Bank_eyes_more_38_new_branches_in_three_years-ZAWYA20150324052716/ Egypt-based Housing and Development Bank (HDB) intends to expand its current network of 62 branches to 100 within the upcoming three years, chairman Fathy El-Sebai said. Tue, 24 Mar 2015 06:02:47 GMT Amwal Alghad ZAWYA20150324052716 Open New EIU report looks at Middle East entrepreneurs trends http://www.zawya.com/story/New_EIU_report_looks_at_Middle_East_entrepreneurs_trends-GN_23032015_240321/ A new report by the Economist Intelligence Unit (EIU) has found that self-made professionals and entrepreneurs represent the largest concentration of wealth in the world with USD 88 billion (AED 323 billion) in global assets. Tue, 24 Mar 2015 05:50:18 GMT Gulf News GN_23032015_240321 Open Ex-Bechtel exec gets 3-1/2 yrs in prison for taking kickbacks in Egypt http://www.zawya.com/story/ExBechtel_exec_gets_312_yrs_in_prison_for_taking_kickbacks_in_Egypt-TR20150323nL2N0WP143X2/ A former executive at Bechtel Corp was sentenced to 3-1/2 years in prison on Monday for accepting $5.2 million in kickbacks for state-run power contracts in Egypt. Tue, 24 Mar 2015 05:18:06 GMT Reuters TR20150323nL2N0WP143X2 Open Iran expands regional 'empire' ahead of nuclear deal http://www.zawya.com/story/Iran_expands_regional_empire_ahead_of_nuclear_deal-TR20150323nL6N0WN0LVX3/ Arab leaders are alarmed at Iran's push to tighten regional grip, as it moves closer to a deal with world powers, Tue, 24 Mar 2015 04:52:02 GMT Reuters TR20150323nL6N0WN0LVX3 Open Egypt, Ethiopia, Sudan sign milestone agreement on Nile dam http://www.zawya.com/story/Egypt_Ethiopia_Sudan_sign_milestone_agreement_on_Nile_dam-TR20150323nL6N0WP1ZAX2/ Leaders from Egypt, Ethiopia and Sudan signed a cooperation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies. Mon, 23 Mar 2015 12:30:55 GMT Reuters TR20150323nL6N0WP1ZAX2 Subscription Suez Cement pumps USD108m into coal conversion investments this year http://www.zawya.com/story/Suez_Cement_pumps_USD108m_into_coal_conversion_investments_this_year-ZAWYA20150323060359/ Suez Cement, one of Egypt's biggest cement makers, is planning to pump this year new investments worth US$108 million. Mon, 23 Mar 2015 10:05:16 GMT Amwal Alghad ZAWYA20150323060359 Open Banque Misr orchestrates new banking alliance for Egypt electricity sector http://www.zawya.com/story/Banque_Misr_orchestrates_new_banking_alliance_for_Egypt_electricity_sector-ZAWYA20150323060423/ Banque Misr is leading a banking consortium to secure a US$500 million financing in favour of state-owned Egyptian Electricity Holding Company (EEHC). Mon, 23 Mar 2015 10:03:01 GMT Amwal Alghad ZAWYA20150323060423 Open Egypt raises gas price paid to RWE Dea to USD3.50 per mmBtu -oil ministry http://www.zawya.com/story/Egypt_raises_gas_price_paid_to_RWE_Dea_to_USD350_per_mmBtu_oil_ministry-TR20150323nL6N0WP0YAX3/ Egypt has signed an agreement to raise the price it pays German energy company RWE Dea for natural gas to $3.50 from $2.50 per million British thermal unit (mmBtu). Mon, 23 Mar 2015 09:05:00 GMT Reuters TR20150323nL6N0WP0YAX3 Subscription Egypt secures AfDB's USD3bn aid as part of 3-year Plan http://www.zawya.com/story/Egypt_secures_AfDBs_USD3bn_aid_as_part_of_3year_Plan-ZAWYA20150323060633/ The African Development Bank (AfDB) reaches an agreement with Egyptian government over a US$2.5-3 billion in aid. Mon, 23 Mar 2015 08:45:06 GMT Amwal Alghad ZAWYA20150323060633 Open Background weak for Gulf markets http://www.zawya.com/story/Background_weak_for_Gulf_markets-TR20150323nL6N0WP08DX2/ Gulf equity markets outside of Saudi Arabia may come under pressure on Monday after oil ended its rally, while Dubai builder Arabtec may test important technical support. Mon, 23 Mar 2015 05:54:01 GMT Reuters TR20150323nL6N0WP08DX2 Subscription National Bank of Egypt to issue dollar bond by end of June-CEO http://www.zawya.com/story/National_Bank_of_Egypt_to_issue_dollar_bond_by_end_of_JuneCEO-TR20150322nL6N0WO0MZX2/ The National Bank of Egypt will issue a dollar-denominated bond on international debt markets by the end of June, in order to diversify its sources of foreign currency, the bank's chief executive told Reuters. Mon, 23 Mar 2015 04:59:40 GMT Reuters TR20150322nL6N0WO0MZX2 Subscription A new Alliance to execute Egypt National Tech Projects ready in Mid-April http://www.zawya.com/story/A_new_Alliance_to_execute_Egypt_National_Tech_Projects_ready_in_MidApril-ZAWYA20150322052803/ An alliance dedicated for carrying out national technological projects in Egypt, 'Integrated' will be launched next mid April. Sun, 22 Mar 2015 09:32:25 GMT Amwal Alghad ZAWYA20150322052803 Open National Bank of Egypt in talks for dollar bond issue -sources http://www.zawya.com/story/National_Bank_of_Egypt_in_talks_for_dollar_bond_issue_sources-ZAWYA20150322052746/ National Bank of Egypt (NBE) has invited banks to pitch for arranger roles on a potential dollar-denominated bond issue. Sun, 22 Mar 2015 09:31:32 GMT Amwal Alghad ZAWYA20150322052746 Open Rooya Group seeks Egypt bourse listing in Q4 http://www.zawya.com/story/Rooya_Group_seeks_Egypt_bourse_listing_in_Q4-ZAWYA20150322052721/ Rooya Group, one of Egypt's fast-growing real estate developers, is planning to float its shares on the country's bourse within the fourth quarter of the current year, most probably next October. Sun, 22 Mar 2015 09:28:15 GMT Amwal Alghad ZAWYA20150322052721 Open Suez Canal Life mulls Cooperation with Munich Re http://www.zawya.com/story/Suez_Canal_Life_mulls_Cooperation_with_Munich_Re-ZAWYA20150322052636/ Egypt's Suez Canal Life Insurance Company is considering reinsurance cooperation with Germany's Munich Re in the coming period. Sun, 22 Mar 2015 09:27:15 GMT Amwal Alghad ZAWYA20150322052636 Open NBK-Egypt reports EGP 375.5m in net profits in 2014, up 9.1% y-o-y http://www.zawya.com/story/NBKEgypt_reports_EGP_3755m_in_net_profits_in_2014_up_91_yoy-ZAWYA20150322032726/ National Bank of Kuwait-Egypt reported a net profit of EGP 375.5 million for the year 2014 compared to EGP 344.1 million in 2013, an increase of 9.1 percent year on- year. Sun, 22 Mar 2015 09:23:07 GMT Kuwait Times ZAWYA20150322032726 Open West Nile Delta to spur Egypt daily gas production by 25% - DEA http://www.zawya.com/story/West_Nile_Delta_to_spur_Egypt_daily_gas_production_by_25__DEA-ZAWYA20150322052416/ Egypt's daily gas production is expected to increase by approximately 25% after the start of production in West Nile Delta Development project, German utility DEA announced. Sun, 22 Mar 2015 08:57:42 GMT Amwal Alghad ZAWYA20150322052416 Open KSA, Egypt to curb customs' violations http://www.zawya.com/story/KSA_Egypt_to_curb_customs_violations-ZAWYA20150322031317/ Egyptian Chairman of Customs Authority Abdel Aziz said in a press conference that Saudi Arabia and Egypt signed an agreement to fight against customs' violation. Sun, 22 Mar 2015 08:42:17 GMT The Saudi Gazette ZAWYA20150322031317 Open Gulf markets mixed; Arabtec dampens Dubai http://www.zawya.com/story/Gulf_markets_mixed_Arabtec_dampens_Dubai-TR20150322nL6N0WO02YX2/ Gulf stock markets were narrowly mixed in early trade on Sunday, but Dubai builder Arabtec ARTC.DU tumbled after swinging to a fourth-quarter loss. Sun, 22 Mar 2015 07:00:24 GMT Reuters TR20150322nL6N0WO02YX2 Subscription Stronger oil may lift Gulf markets; Arabtec may fall on poor Q4 http://www.zawya.com/story/Stronger_oil_may_lift_Gulf_markets_Arabtec_may_fall_on_poor_Q4-TR20150322nL6N0WO01PX2/ Gulf markets may rise on Sunday, catching up with Friday's global rally in oil and equities prompted by a weaker dollar. Sun, 22 Mar 2015 05:52:18 GMT Reuters TR20150322nL6N0WO01PX2 Subscription Agthia Group eyes Egyptian market as it focuses on expansion http://www.zawya.com/story/Agthia_Group_eyes_Egyptian_market_as_it_focuses_on_expansion-GN_20032015_210322/ Abu Dhabi-based food and beverage company Agthia plans to play an active role in Egypt and expand its business as the Egyptian government embarks on a new programme to attract foreign investment and grow its economy. Sat, 21 Mar 2015 04:57:56 GMT Gulf News GN_20032015_210322 Open Enppi records EGP5.2 billion in 2014 Revenues http://www.zawya.com/story/Enppi_records_EGP52_billion_in_2014_Revenues-ZAWYA20150320041328/ Egypt's Enppi Company has reported total revenues worth around 5.2 billion Egyptian pounds (USD 681.5 million) in 2014, chairman and CEO Imam El-Said announced. Fri, 20 Mar 2015 08:04:54 GMT Amwal Alghad ZAWYA20150320041328 Open Egypt's current account hits deficit of USD2.9bn in Oct-Dec quarter http://www.zawya.com/story/Egypts_current_account_hits_deficit_of_USD29bn_in_OctDec_quarter-TR20150319nL6N0WL2V4X2/ Egypt's current account deficit widened to USD 2.9 billion in the three months to December from USD 1.4 billion in the same period the previous year, according to Reuters calculations. Fri, 20 Mar 2015 06:28:24 GMT Reuters TR20150319nL6N0WL2V4X2 Subscription National Bank of Egypt in talks for dollar bond issue -sources http://www.zawya.com/story/National_Bank_of_Egypt_in_talks_for_dollar_bond_issue_sources-TR20150319nL6N0WL3TPX3/ National Bank of Egypt, the oldest commercial lender in the North African country, has invited banks to pitch for arranger roles on a potential dollar-denominated bond issue, two banking sources said Fri, 20 Mar 2015 06:24:22 GMT Reuters TR20150319nL6N0WL3TPX3 Subscription Egyptian pound steady on official market, stronger on black market http://www.zawya.com/story/Egyptian_pound_steady_on_official_market_stronger_on_black_market-TR20150319nL6N0WL273X2/ Egypt's central bank kept the pound EGP= steady at 7.53 pounds to the dollar at a foreign exchange auction on Thursday, while the domestic currency strengthened on the black market. Fri, 20 Mar 2015 06:22:34 GMT Reuters TR20150319nL6N0WL273X2 Subscription Egyptian court adjourns Al Jazeera trial after witnesses admit lapses http://www.zawya.com/story/Egyptian_court_adjourns_Al_Jazeera_trial_after_witnesses_admit_lapses-TR20150319nL6N0WL32QX2/ The trial of two Al Jazeera television journalists was adjourned until March 25 on Thursday after the court ordered the creation of a new technical committee to review their work Fri, 20 Mar 2015 05:23:14 GMT Reuters TR20150319nL6N0WL32QX2 Open Egyptian court acquits al-Adly, top Mubarak official on graft charges -sources http://www.zawya.com/story/Egyptian_court_acquits_alAdly_top_Mubarak_official_on_graft_charges_sources-TR20150319nL6N0WL2LYX2/ An Egyptian court acquitted former Interior Minister Habib al-Adly of graft charges on Thursday, judicial sources said, the latest ruling to clear a prominent figure from the era of ousted President Hosni Mubarak. Thu, 19 Mar 2015 11:57:33 GMT Reuters TR20150319nL6N0WL2LYX2 Open Egypt's EFG Hermes returns to profit on investment bank expansion http://www.zawya.com/story/Egypts_EFG_Hermes_returns_to_profit_on_investment_bank_expansion-TR20150319nL6N0WL1MKX2/ Egypt's EFG Hermes turned a profit after tax and minority interests of EGP538 million (USD70.51 million) in 2014 after a net loss of 540 million the year before, helped by strong growth in its regional investment banking operations, the bank said. Thu, 19 Mar 2015 10:36:20 GMT Reuters TR20150319nL6N0WL1MKX2 Subscription Egypt stocks lose USD222.7m as non-Arab investors sell http://www.zawya.com/story/Egypt_stocks_lose_USD2227m_as_nonArab_investors_sell-ZAWYA20150319070211/ Egypt stocks incurred Wednesday losses totalling 1.7 billion (USD 222.7 million) amid non-Arab foreign investors' selling pressures. In return, the country's benchmark index, EGX30 also retreated below 9485 points. Thu, 19 Mar 2015 07:43:33 GMT Amwal Alghad ZAWYA20150319070211 Open Arab Contractors to deliver USD150m Iraqi power plant at 2015-end http://www.zawya.com/story/Arab_Contractors_to_deliver_USD150m_Iraqi_power_plant_at_2015end-ZAWYA20150319070127/ Egypt's Arab Contractors is planning to deliver an electric power plant in the capital of Iraq, Baghdad by end of the current year. The investment cost of the Iraqi plant amounts to USD 150 million. Thu, 19 Mar 2015 07:31:16 GMT Amwal Alghad ZAWYA20150319070127 Open Egypt has to 'unleash private sector potential'; says World Bank http://www.zawya.com/story/Egypt_has_to_unleash_private_sector_potential_says_World_Bank-ZAWYA20150319071554/ Egypt should push ahead with reforms that would create a stable tax regime and simplify business regulations to spur economic growth, a World Bank managing director has said. Thu, 19 Mar 2015 07:28:16 GMT Amwal Alghad ZAWYA20150319071554 Open Suez Canal Life Insurance eyes doubled branches in 3 years http://www.zawya.com/story/Suez_Canal_Life_Insurance_eyes_doubled_branches_in_3_years-ZAWYA20150319070046/ Egypt's Suez Canal Life Insurance Company is planning to expand its network of branches to reach 25-30 offices in three years, managing director Ahmed Shoukry announced. Thu, 19 Mar 2015 07:12:16 GMT Amwal Alghad ZAWYA20150319070046 Open Egypt targets 4.5-5% growth in 2015/16 -finance ministry http://www.zawya.com/story/Egypt_targets_455_growth_in_201516_finance_ministry-TR20150318nL6N0WK3S0X2/ Egypt expects greater investment and ongoing fiscal reforms to boost economic growth in the 2015/16 fiscal year to 4.5-5 percent. Thu, 19 Mar 2015 06:09:41 GMT Reuters TR20150318nL6N0WK3S0X2 Subscription Egyptian security forces charged over killing of Brotherhood member, protester http://www.zawya.com/story/Egyptian_security_forces_charged_over_killing_of_Brotherhood_member_protester-TR20150318nL6N0WK4A8X2/ An Egyptian policeman was charged on Wednesday with murdering a suspected Muslim Brotherhood member. Thu, 19 Mar 2015 06:03:46 GMT Reuters TR20150318nL6N0WK4A8X2 Open First Equity Partners acquires majority 67% stake in WHS http://www.zawya.com/story/First_Equity_Partners_acquires_majority_67_stake_in_WHS-ZAWYA20150319044409/ FEP Egypt Direct Investment and Asset Management, an affiliate of First Equity Partners (FEP), a leading private equity manager in the MENA region, has acquired a majority share in White House Securities (WHS). Thu, 19 Mar 2015 05:57:03 GMT Kuwait Times ZAWYA20150319044409 Open Slightly firmer oil may help Gulf stabilise; Tunisia risks more falls http://www.zawya.com/story/Slightly_firmer_oil_may_help_Gulf_stabilise_Tunisia_risks_more_falls-TR20150319nL6N0WL08PX2/ Oil's overnight rebound and a dovish statement from the U.S. Federal Reserve may help Gulf stock markets stabilise on Thursday after falling sharply earlier this week. Thu, 19 Mar 2015 05:50:30 GMT Reuters TR20150319nL6N0WL08PX2 Subscription Tourism experts assail Egypt visa curbs http://www.zawya.com/story/Tourism_experts_assail_Egypt_visa_curbs-GN_18032015_190330/ The decision to stop issuing on-arrival visas for lone travellers to Egypt is ill-timed and set to negatively affect the country’s recovering tourism, experts in the industry have warned. Thu, 19 Mar 2015 05:35:51 GMT Gulf News GN_18032015_190330 Open OPEC, non-OPEC oil talks on ice, Iran return unlikely to change that http://www.zawya.com/story/OPEC_nonOPEC_oil_talks_on_ice_Iran_return_unlikely_to_change_that-TR20150318nL5N0WE33AX2/ OPEC efforts to bring non-member countries such as Russia on aboard in cutting output have made little progress, officials say. Thu, 19 Mar 2015 04:53:11 GMT Reuters TR20150318nL5N0WE33AX2 Subscription Soccer-Egyptian league to resume behind closed doors on March 30 http://www.zawya.com/story/SoccerEgyptian_league_to_resume_behind_closed_doors_on_March_30-TR20150318nL3N0WK4DWX2/ Egypt's Premier League, suspended after at least 19 people were killed in clashes between fans and police before a game last month, will resume on March 30, the government said. Wed, 18 Mar 2015 13:55:13 GMT Reuters TR20150318nL3N0WK4DWX2 Open Egyptian security forces charged over killing of Brotherhood member, protester http://www.zawya.com/story/Egyptian_security_forces_charged_over_killing_of_Brotherhood_member_protester-TR20150318nL6N0WK2D3X2/ An Egyptian policeman was charged on Wednesday with murdering a suspected Muslim Brotherhood member and two members of the security forces with concealing evidence in the death of a protester, judicial and security sources said. Wed, 18 Mar 2015 13:09:33 GMT Reuters TR20150318nL6N0WK2D3X2 Open Israel's Tamar group to sell gas to Egypt via pipeline http://www.zawya.com/story/Israels_Tamar_group_to_sell_gas_to_Egypt_via_pipeline-TR20150318nL6N0WK12XX2/ A group of private customers in Egypt have agreed to buy at least USD 1.2 billion of natural gas from Israel's offshore Tamar field via an old pipeline built to send gas to Israel. Wed, 18 Mar 2015 09:31:04 GMT Reuters TR20150318nL6N0WK12XX2 Subscription UAE's NBAD to add export financing to its Egypt operations - CEO http://www.zawya.com/story/UAEs_NBAD_to_add_export_financing_to_its_Egypt_operations__CEO-ZAWYA20150318070801/ National Bank of Abu Dhabi will be expanding in Egypt to add export financing to its wholesale operations and introduce wealth management services for affluent Egyptians, the company's chief executive said. Wed, 18 Mar 2015 07:19:28 GMT Amwal Alghad ZAWYA20150318070801 Open Palm Hills, Aabar form Largest JV in Egypt-UAE history http://www.zawya.com/story/Palm_Hills_Aabar_form_Largest_JV_in_EgyptUAE_history-ZAWYA20150318070741/ Egypt's Palm Hills Developments and UAE's Aabar Investments announced the formation of the largest private joint venture in Egyptian Emirati History to co-develop 10,000 feddans in West Cairo. Wed, 18 Mar 2015 07:16:54 GMT Amwal Alghad ZAWYA20150318070741 Open Gulf markets fall alongside oil, Dubai start-ups strong http://www.zawya.com/story/Gulf_markets_fall_alongside_oil_Dubai_startups_strong-TR20150318nL6N0WK0KQX3/ Most Gulf stock markets fell in early trade on Wednesday as oil prices declined further; Dubai led losses, coming under renewed pressure from blue chips and ex-dividend stocks. Wed, 18 Mar 2015 07:12:47 GMT Reuters TR20150318nL6N0WK0KQX3 Subscription Egypt will import 35 cargoes of LNG from Russia's Gazprom http://www.zawya.com/story/Egypt_will_import_35_cargoes_of_LNG_from_Russias_Gazprom-ZAWYA20150318070058/ Egypt state company, Egyptian Natural Gas Holding Company (EGAS) has signed a deal to import 35 cargoes of liquefied natural gas (LNG) from Russia's Gazprom over five years, the oil ministry said. Wed, 18 Mar 2015 07:05:10 GMT Amwal Alghad ZAWYA20150318070058 Open 26 firms agreed to invest in Egypt's agriculture sector - Minister http://www.zawya.com/story/26_firms_agreed_to_invest_in_Egypts_agriculture_sector__Minister-ZAWYA20150318065328/ Egypt's Ministry of Agriculture has signed protocols on cooperation with 26 local and international firms to invest in total area of 671.500 feddans, minister Salah Helal stated. Wed, 18 Mar 2015 06:56:12 GMT Amwal Alghad ZAWYA20150318065328 Open Oil may be key driver of cautious Gulf markets http://www.zawya.com/story/Oil_may_be_key_driver_of_cautious_Gulf_markets-TR20150318nL6N0WK08AX2/ Gulf stock markets may keep tracking volatile oil prices on Wednesday in the absence of other strong catalysts. Wed, 18 Mar 2015 06:35:29 GMT Reuters TR20150318nL6N0WK08AX2 Subscription Egypt tightening visa rule for individual visitors http://www.zawya.com/story/Egypt_tightening_visa_rule_for_individual_visitors-TR20150317nL6N0WJ3M5X2/ Egypt is tightening rules for visas by requiring individual visitors to obtain them at embassies instead of on arrival at Egyptian airports, the Foreign Ministry said. Wed, 18 Mar 2015 05:49:28 GMT Reuters TR20150317nL6N0WJ3M5X2 Open Shuaa appointed market maker for Orascom on Nasdaq Dubai http://www.zawya.com/story/Shuaa_appointed_market_maker_for_Orascom_on_Nasdaq_Dubai-GN_17032015_180330/ Shuaa Capital said, its unit has been appointed to act as market maker for Orascom Construction on Nasdaq Dubai. Wed, 18 Mar 2015 04:59:54 GMT Gulf News GN_17032015_180330 Open Egypt policeman killed woman during uprising anniversary- prosecutor http://www.zawya.com/story/Egypt_policeman_killed_woman_during_uprising_anniversary_prosecutor-TR20150317nL6N0WJ21ZX2/ Egypt's public prosecutor said on Tuesday a police officer shot and killed woman protester Shaimaa Sabbagh, whose death in January caused an international outcry when footage of it spread online. Tue, 17 Mar 2015 11:33:12 GMT Reuters TR20150317nL6N0WJ21ZX2 Open Egypt to import 35 cargoes of LNG from Russia's Gazprom http://www.zawya.com/story/Egypt_to_import_35_cargoes_of_LNG_from_Russias_Gazprom-TR20150317nL6N0WJ2E4X3/ Egypt state company signed a deal to import 35 cargoes of liquefied natural gas (LNG) from Russia's Gazprom over five years, the oil ministry said. Tue, 17 Mar 2015 11:32:48 GMT Reuters TR20150317nL6N0WJ2E4X3 Subscription Emerging markets must prepare for US interest rate hike - IMF's Lagarde http://www.zawya.com/story/Emerging_markets_must_prepare_for_US_interest_rate_hike__IMFs_Lagarde-TR20150317nI8N0RJ024X10/ Emerging markets must prepare for the impact of a rise in U.S. interest rates which could surprise in both its timing and pace, the head of the International Monetary Fund said in India. Tue, 17 Mar 2015 11:17:35 GMT Reuters TR20150317nI8N0RJ024X10 Subscription Egypt, Arabtec near agreement on USD40bn housing project- govt http://www.zawya.com/story/Egypt_Arabtec_near_agreement_on_USD40bn_housing_project_govt-TR20150317nL6N0WI2NVX2/ Egypt's housing ministry and Dubai's Arabtec agreed some of the terms for a USD40 billion project to build one million homes across the country, and they will sign a final contract within 10 days, a ministry spokeswoman said Tue, 17 Mar 2015 11:00:46 GMT Reuters TR20150317nL6N0WI2NVX2 Subscription Poland-Egypt trade exchange targets USD1bn at 2016-end http://www.zawya.com/story/PolandEgypt_trade_exchange_targets_USD1bn_at_2016end-ZAWYA20150317062724/ The trade volume between Egypt and Poland is currently estimated at USD400 billion, according to the Commercial Minister Plenipotentiary Galal al-Sawy, head of the European Union Department at the Egyptian Commercial Representation Body. Tue, 17 Mar 2015 06:59:02 GMT Amwal Alghad ZAWYA20150317062724 Open Banque Du Caire mulls financing some of Economic Conference's projects http://www.zawya.com/story/Banque_Du_Caire_mulls_financing_some_of_Economic_Conferences_projects-ZAWYA20150317062628/ Banque Du Caire is studying possibilities of funding projects that have been presented during Egypt Economic Development Conference (EEDC), vice chairman Mohamed Taha announced. Tue, 17 Mar 2015 06:56:49 GMT Amwal Alghad ZAWYA20150317062628 Open National Bank of Egypt to reclaim 10.000 Feddans worth EGP200m http://www.zawya.com/story/National_Bank_of_Egypt_to_reclaim_10000_Feddans_worth_EGP200m-ZAWYA20150317063210/ The National Bank of Egypt (NBE), through its affiliate Al Ahly Co. for Land Reclamation and Cultivation - plans to reclaim 10,000 feddans in Farafra, the bank chairman Hisham Okasha announced. Tue, 17 Mar 2015 06:55:23 GMT Amwal Alghad ZAWYA20150317063210 Open Abu Dhabi Islamic Bank shortlisted to buy Citi's Egypt operations http://www.zawya.com/story/Abu_Dhabi_Islamic_Bank_shortlisted_to_buy_Citis_Egypt_operations-ZAWYA20150317063236/ Abu Dhabi Islamic Bank said Sunday it has been shortlisted as a buyer for Citigroup's Egypt retail business in what is set to be a heated battle to tap into one of the world's fastest growing economies. Tue, 17 Mar 2015 06:54:12 GMT Amwal Alghad ZAWYA20150317063236 Open