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20 Apr 2019

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

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 in the current time.

Talaat Moustafa Group"...

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20 Apr 2019

Abu Dhabi developer Imkan plots expansion in Egypt

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 government to acquire a parcel of land for future development, its chief executive said.

“We"...

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19 Apr 2019

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

(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. The Eagle X system will be introduced in 2019 to address aerial-mapping system needs within the fields of geography, surveying, topography, and natural resource management in Mexico, Central America, and South America.......

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19 Apr 2019

ExaGrid and Zerto Announce Integrated Solution for Real-Time Backup and Recovery

(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 restore points, as well as providing long-term retention compliance for the growing number of data protection regulations, such as HIPAA, GLBA, Sarbanes-Oxley, and addressing the need to prepare for SEC audits and legal......

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19 Apr 2019

Native Raises $2.5 Million to Bring the On-Demand Economy to Market Research

(AETOS Wire)-- Native, an on-demand marketplace that enables global brands to task locals to collect any type of data they need on the ground nearly anywhere in the world, from pricing to store checks, announced today closing a $2.5 million"...

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18 Apr 2019

Holidays’ season starts on EGX

CAIRO – 17 April 2019: The Egyptian Exchange (EGX) announced several official holidays for the bourse during the coming period.

EGX elaborated in a statement that Thursday, April 25, will be a holiday in celebration of the liberation of Sinai from the Israeli occupation....

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18 Apr 2019

AUC launches ''El Mostakbal'' Middle East looking forward initiative

ArabFinance: As part of AUC’s Centennial Campaign, The American University in Cairo (AUC) launched yesterday El Mostakbal, The Middle East Looking Forward initiative. The initiative is a three-year project that aims at examining the paramount socio-economic, political and security issues"...

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18 Apr 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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18 Apr 2019

Egypt is moving forward to improve business environment: Min.

Cairo: Egypt is moving forward with comprehensive institutional and legal reforms to improve the business environment, Minister of Investment Sahar Nasr told Bloomberg.

Nasr added that President Abdel Fatah al-Sisi"...

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18 Apr 2019

Egypt’s NUCA pumps EGP34B investments in 6 new cities

airo: Egypt’s New Urban Communities Authority (NUCA) pumped investments of 34 billion Egyptian pounds in six new fourth generation cities to carryout infrastructure works and residential projects, according to a source with knowledge.

The"...

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