August 12, 2017

Nile Air second largest airline in Cairo: OAG

Egypt’s largest private airline, Nile Air, became the second largest airline in Cairo, while state-owned EgyptAir took the first spot, making this the first time that both the first and second spots be Egyptian airlines, according to the latest report by the UK-based air travel intelligence"...

EBRD, Proparco commit US$116 million for 100MW PV portfolio in Egypt August 22, 2017

The European Bank for Reconstruction and Development (EBRD) and French financial company Proparco are set to help Egypt make major strides in the development of its renewable-energy"...

BORGWARD BX7 SUV Offers a Cool Ride during Road Testing on UAE Terrain in Hottest Days Ahead of the Middle East Launch August 22, 2017

The BX7 SUV, one of the first new models of the BORGWARD Group AG to be launched in the GCC, has undergone a series of on-the-road testing. The German brand has just finished its first set of tests in the United Arab Emirates, including the temperature test during the height of summer between August 2 and 12, to measure BX7’s adaptability to the blazing......

WAKGROUP Signs Historic Deal With China’s GEDI & CEEC to Establish State-of-the-Art Oil Refinery in KP Pakistan August 22, 2017

WAK Group, a Pakistani Conglomerate with varied interests especially in the Oil and Gas Sector, and Guangdong Electrical Design Institute ('GEDI'), an energy industry"...

Essel Group ME Expands into New Technologies with Acquisition of boo.lab August 22, 2017

Essel Group ME is pleased to announce that its media and production subsidiary, Essel Media Hub, has acquired boo.lab, a leading Spanish production company specialising"...

Egypt criticises 'non-inclusive' EU Nile Basin project August 2, 2017

Egypt's foreign ministry said on Tuesday that the country objects to the recent 10 million euro-project by the European Union with some Nile Basin Initiative (NBI) countries because it would be supporting a non-inclusive framework, state news agency MENA reported.

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Egypt businesses battle inflation after currency devaluation July 31, 2017

Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here. https://www.ft.com/content/f68ddbcc-7146-11e7-aca6-c6bd07df1a3c Egyptian entrepreneurs, like Ibrahim Soudan, were forced to scour the black market for dollars a year ago to pay for imports as they battled......

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