City midfielder Rodwell called into England squad    Profile: Hamada Abou Sheita    Antiquities minister: UNESCO threatens to declassify heritage sites    Pharmacist union predicts shortages of imported medicine to reach 90%    AS Roma and Inter Milan fined in Italy's racism crisis    Basel lose Swiss cup on penalties    Disapproval over increased taxes on bank loan loss provisions    Hamas increases presence along Egyptian border    Al-Sulaya heads for Villarreal trial    Presidency denies negotiations with kidnappers    Real Madrid call news conference amid Mourinho exit speculation    Preparatory school student shoots classmate in Upper Egypt    Turkey pumps $250m more in its credit line to Egypt    Trial referrals for UAE detainees imminent    YouTube Turns 8 Years Old    Egypt's top companies: the Power 34    Qatar sets up $1 billion energy infrastructure fund    Lethal medicine sold in broad daylight    Israel bank heist kills 4; robber takes own life    Imran Khan's Party Wins Revote In Karachi, Protests Expected    Morsi: NGOs Law To Be Discussed With Different Parties Before Its Approval    Concern over Suez Canal development    Exclusive: Mubarak-Era Top Gas Mogul Owns 300.000 Shares In Egypt Bourse    Former Pakistani dictator Musharraf granted bail    Over 30 Dead, Dozens Wounded As String Of Bombings Hits Iraq    Students launch organic soap company Saboony    Two Egyptian Journalists, Critical Of Morsi, Face Trial    Yahoo Board OKs $1.1 Bln Purchase Of Tumblr: Report    Japan, Hong Kong Stocks Lead Asia Gains    Egypt's Central Bank Offers US$ 40 Mln At Monday's FX Auction    Bite Me Cairo: Once upon a time    Turkey: 1 killed, 24 injured in balloon crash    Al-Shennawi apologizes, but remains grounded    Syria gunfire hits Israel-occupied Golan: Army    Fierce fighting continue in Syria's Qusair    Kuwait's Kharafi group wins $930 mln from Libya    Morsi Appoints New Head Of Constitutional Court    China calls N. Korea to secure release of seized boat    Protesting Egyptian Police Block Israel Border Crossing    Eurovision Song Contest Won By Denmark    U.S. 'Idol' Winner Shines Light On South's Gullah Culture    Shots fired at Cannes, actors flee for cover    Iranian director's taut family saga rivets critics at Cannes    David Beckham is to retire from football    Emma Watson wows in glitz gown at Cannes    Goons of the intellect    YouTube launches ‘Comedy Week' 19 May    AUC showcases its musical range in stunning double feature    

Articles of the author Amwal Al Ghad
Etisalat Stresses Importance of ICT Solutions & Services for Knowledge Development
Educationis critical for nation's social and economic growth & development. Nowadays, Information & Communication Technology (ICT) is critical for all sectors. It is a key enabler for transforming the education sector to address the challenges and seize opportunities to increase efficiency, (...)

16 - 05 - 2013
Kerry In Moscow To Bridge Gap With Russia On Syria
US Secretary of State John Kerry is in Russia to try to bridge the divide with Washington over the Syria conflict. He is to have talks with President Vladimir Putin in Moscow but the two disagree on the future of President Bashar al-Assad. Russia, which supports Mr Assad, refuses to back US (...)

07 - 05 - 2013
Egypt's Morsi Fails To Secure Loan, Grain From Russia
Egyptian President Mohamed Morsi asked Russia on Friday for grain and a loan to help ease a deepening economic crisis but secured neither at talks with President Vladimir Putin. Russian officials said only that Moscow would consider the loan request, which a Moscow-based source had earlier put at (...)

20 - 04 - 2013
CBE Receives No Official Offers For Acquisition Of Banks
The Central Bank of Egypt (CBE) has not received any official offers for acquiring any bank in Egypt including Crédit Agricole Egypt and Piraeus Bank Egypt, said Gamal Negm, sub-governor of CBE. A number of European banks are exiting the Egyptian market so as to meet more stringent capital (...)

14 - 04 - 2013
Egypt, AFD Sign Umbrella Agreement To Enhance Drinking Water & Sewage
Egypt will be signing on Sunday an umbrella agreement with French Development Agency (AFD) seeking to improve drinking water and sewage drafts in Upper Egypt. AFD will participate in funding up to € 57 million (US$ 74.4 million) in cooperation with a number of other European donors countries. It is (...)

14 - 04 - 2013
United Bank's Deposit Portfolio Hit EGP 14 Bln At End-2012
The United Bank's deposit and loan portfolios reached EGP 14 billion and EGP 4.5 billion, respectively at the end of 2012. High returns on savings certificates have contributed to increasing the value of the bank's deposit portfolio, said Mohamed Ashmawy, chairman of the bank. Ashmawy lauds (...)

14 - 04 - 2013
EALB's Investments In Govt. Debt Instruments Hit EGP 3.8 Bln
The Egyptian Arab Land Bank's (EALB) investments in government debt instruments reached EGP 3.8 billion, said Mohamed El-Baik, head of funds and financial institutions department at the bank. The bank's investments in treasury bills reached EGP 1.2 billion and those in government bonds reached EGP (...)

14 - 04 - 2013
Banks Seek More Advanced E-Payment Services: Mohamed Barakat
The banking sector is now turning to depend on more advanced payment services so as to reduce risks of losing cash amid the current security chaos, said Mohamed Barakat, chairman of Banque Misr. Through digital and electronic payment services, mortgage loans were offered and salaries for about 6.5 (...)

14 - 04 - 2013
Egypt's Govt. Banks Apply Basel II Standards By Next June
All local banks in Egypt will apply Basel II standards before the end of next June, said Gamal Negm, sub-governor of the Central Bank of Egypt (CBE). Banks that ended their yearly budgets in 2012 have already applied Basel II standards, while government banks that end their budgets by the end of (...)

14 - 04 - 2013
CBE Suspends Granting New Islamic Banking Licenses In 2013
The Central Bank of Egypt (CBE) will not grant Islamic banking licenses in the meantime amid the low growth rates and the market recession, said Gamal Negm, sub-governor of CBE. This suspension may be extended to the end of 2013 as there is enough number of Islamic banks in Egypt, he explained. (...)

14 - 04 - 2013
NBE In Talks With Electricity Holding Co. Over US$ 1 Bln Loan
The National Bank of Egypt (NBE) currently negotiates with the Egyptian Electricity Holding Company over US$ 1 billion finance that will be used to achieve the company's plan in the upcoming period. The finance is divided into a foreign-currency segment of US$ 900 million and local-currency segment (...)

14 - 04 - 2013
Egypt Parliament's Lower House To Consist Of 546 Seats
The Shura Council (the upper house of Egypt's parliament, currently endowed with legislative powers) approved legislation on Wednesday evening stating that Egypt's House of Representatives (lower house of parliament, formerly known as the People's Assembly) will consist of 546 seats, according to (...)

11 - 04 - 2013
Etisalat Egypt Picks Ericsson As Strategic Partner
Etisalat Egypt, the Egyptian unit of UAE's Etisalat, has selected Ericsson Egypt as one of the its top strategic partners to apply new technologies that will boost client experience and increase call speeds to deploy a new technologies. The agreement will provide a new techniques and solutions to (...)

10 - 04 - 2013
Egypt's FSA Still Studying Cypriot Bid For Orascom Telecom
Egypt's Financial Supervisory Authority (EFSA) stated that it is still studying the tender offer submitted by Baskendal, a Cypriot Company owned by Altimo, to acquire 100% of Orascom Telecom Holding (OTH) (ORTE.CA) for the latter is currently completing the documents necessary for its tender (...)

10 - 04 - 2013
Oil Futures Pull Back As Weekly Stockpiles Surge
Hong Kong stocks gained ground early Wednesday, with exporters climbing after the Dow industrials and S&P 500 both closed at record highs overnight in the U.S. The Hang Seng Index advanced 0.3% to 22,438.88 in opening moves, while the Hang Seng China Enterprises Index traded 0.2% higher, and over (...)

03 - 04 - 2013
Gold Futures Extend Drop From $1,600
Gold futures fell Wednesday, continuing to retreat from the $1,600 level as a climb in the U.S. dollar highlighted an appetite for risk among investors. Gold for June delivery in electronic trade fell $10.30, or 0.7%, to $1,565.70 an ounce. Gold fell sharply during North American trade Tuesday, (...)

03 - 04 - 2013
Europe Stocks Slip Ahead Of ECB, U.S. Jobs Data
European stock markets traded in negative territory at the open on Wednesday, as investors remained cautious ahead of key events later in the week, such as central bank meetings and U.S. employment data. “Thus, over the next few days control of the markets could swing quite sharply as investors (...)

03 - 04 - 2013
Japan Stocks Rally In Blah Day For Rest Of Asia
Japanese stocks rebounded sharply Wednesday, helped by strength among the auto shares, with other Asian markets putting in a lackluster performance. Japan's Nikkei Stock Average ended 3% higher after a 1.1% drop in the previous session, Australia's S&P/ASX 200 finished with a 0.6% loss despite a (...)

03 - 04 - 2013
Yen Falls As Japan Easing Questions Swirl
The U.S. dollar rose against Japan's currency Wednesday, extending gains against the yen as investors waited for a decision from the Bank of Japan's first policy meeting under a new governor. The dollar traded at 93.53 Japanese yen , rising from ¥93.38 late in North American trade Tuesday. The Bank (...)

03 - 04 - 2013
Linatel Eyes Business Volume Of EGP 30 Mln By 2013
Linatel for Telecommunications is aiming to make its volume of businesses within this year to reach EGP 30 million pushed by foreign expansions in Saudi Arabia, Iraq and Morocco markets. Dr. Hamdy El Leithey, CEO of Linatel has confirmed that the company is witnessing substantial expansions in the (...)

01 - 04 - 2013
TE Data Discusses Its Strategy Plan For 2013
The Egyptian Company for data transfer TE Data, a subsidiary of Telecom Egypt (TE), has held on Monday its annual forum to discuss its strategy plan for 2013, which stresses customer's satisfaction seeking to facilitate their access to the advanced services. Tamer Jadallah, managing director of TE (...)

01 - 04 - 2013
Sony Mobile Launches Xperia Z Phone In Egypt
Sony Mobile Egypt said it plans to launch Xperia Z new phone in the local market next week aiming to provide new services for the Egyptian consumers. Sony Xperia Z phone has 2330 battery capacity mAh, a high -definition screen Full HD with 1080p and a quad-core processor. Xperia Z's ability to work (...)

31 - 03 - 2013
TE Data: 25% Discount On Internet Services Prices
Egypt's biggest internet service provider, TE Data has announced on Monday new offers with high-speed internet and lower the prices by 25%. Eng. Ahmed Osama - TE Data's Managing Director, Vice President & Chief Commercial Officer at Telecom Egypt - said TE Data is keen to celebrate with its clients (...)

25 - 03 - 2013
Cairo Holding Company Denies Drinking Water Tariff Raise
Brigade El-Sayed Nasr, Chairman of the Holding Company for Drinking Water and Sanitation, has denied Egypt's plans to increase drinking water tariffs as result of its direction for implementing drinking water and sanitation projects with Partnership between the public and the private sectors (PPP). (...)

25 - 03 - 2013
YouTube Receives One Billion Users Monthly
YouTube, the video website owned by Google Inc. said one billion of people use the website every month, which equivalent to one of every two internet users, adding that if YouTube is a country it will be the largest country in the world after China and India. The spread of high-speed data networks (...)

23 - 03 - 2013
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