April 18, 2019

BMW to settle customs dispute by paying LE 55M to Egypt

CAIRO – 17 April 2019: Egypt’s Customs Authority reached an agreement with the International BMW Company to end the dispute over tariffs and evaluation of the imported cars, by paying LE 55 million, Head of the authority Kamal Negm told Enterprise.

Negm added that"...

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No slowdown in Egypt’s property market, says company official April 20, 2019

Cairo: The CEO and managing director of Talaat Moustafa Group Holding (TMGH), Hisham Talat Moustafa, said that the real estate market in Egypt is not witnessing a slowdown"...

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Abu Dhabi developer Imkan plots expansion in Egypt April 20, 2019

Real estate developer Imkan, a subsidiary of private equity investor Abu Dhabi Capital Group, plans to expand its offering in Egypt, with discussions ongoing with the Egyptian"...

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Equipped with Velodyne Lidar Sensors, Techmake’s Eagle X Swoops into Aerial-Mapping Market April 19, 2019

(AETOS Wire)-- Velodyne Lidar, Inc. today announced that Techmake Solutions, S.A., an IT consulting and technology development company headquartered in Monterrey, Mexico, is including Velodyne lidar sensors in its Eagle X mapping and surveying system. Velodyne’s lightweight lidar sensor provides Eagle X unmanned aerial vehicles (UAVs) a high-resolution image that allows users to accurately measure and analyze any landscape.......

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ExaGrid and Zerto Announce Integrated Solution for Real-Time Backup and Recovery April 19, 2019

(AETOS Wire)-- ExaGrid®, a leading provider of intelligent hyperconverged storage for backup, today announced the availability of an integrated disaster recovery, long-term retention backup storage, and data backup solution with Zerto, an industry leader for IT resilience. It is key to a complete business continuity and disaster recovery (BC/DR) plan that data is protected and recoverable during a disaster from very granular......

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Egypt to build over 1.1m housing units in 5 years April 17, 2019

Egypt's Ministry of Housing has embarked upon an aggressive programme to build more than 1.1 million residential units over the next five years as part of its efforts to cater to the surging demand for affordable housing in the country, reported Daily News Egypt.


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Egyptian private sector’s plans remarkably developed: Azour April 15, 2019

Cairo: There are remarkable development Egyptian private sector’s plans in investment after the state success in implementing the new economic reformation programme Jihad Azour, director of the Middle East and Central Asia said on Friday.


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