Industry & Trade
Egypt's Premiere Inaugurates Assuit Power Plant next Monday
Published 2015-05-30 11:05:43| Amwal Al Ghad English
Egyptian Prime Minister Ibrahim Mahlab and Electricity Minister Mohamed Shaker will inaugurate Assiut power plant next Monday, a source familiar with the matter said on Saturday. Assiut power plant will cover all Upper Egypt's governorates with the capacity of 1.500 Megawatts (MW). The source stated that PM would head Sunday evening to Assiut, accompanying a number of ministers to open the plant. Assuit power plant would be added to the unified electricity grid after going into operation to participate in reducing power outages, the minister told the reporters during his visit to Jordan with the PM. Furthermore, Shaker affirmed that 3.600 megawatts (MW) would be added to the national grid at the end of August and 6.800 megawatts (MW) would be added to it at the end of 2015. Moreover, the power station was built by Orascom Construction Industries and General Electric.
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ISourcing BPO and ITO service provider targets doubling its call centers during the second half of 2015, said Ashraf El Tanbouly -CEO- on Saturday. El Tanbouly revealed that doubling the centers comes within company’s strategy aiming at increasing its stations with 75 percent during 2015. He noted that the company sought a 25 % increase in centers’ growth rates during the first half of 2015, targeting 40 % growth rate through the next half. The CEO stated that the company will concentrate its investments in English market and Gulf region, adding that clients will be provided with the latest technologies in outsourcing field. The company is to invest EGP 10 million (US$ 1.310 million) in foreign market within the second half of 2015.ISourcing is high quality BPO and ITO service provider incorporated in Cyprus with fulfillment centers in Egypt, Saudi Arabia. Furthermore, ISourcing Services has signed a new cooperation with an American communication company to provide call center services and data analysis valid for a year. Moreover, El Tanbouly clarified that the cooperation investment's volume exceeded EGP 3 million (US$ 393 thousand), noting that the firm is to agree upon the fundamental cooperation articles in May to start applying agreement's mechanisms.
Start small, win quick, then move on to bigger issues. That appears to be the European Union's strategy to pursue Google (GOOGL.O) in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software. Whether or not the EU succeeds in branding Google a market-abusing monopolist in web search - a big if, given that the competition authority has yet to publish its exact charges - the Internet giant could be pinned down for years to come in regulatory procedures and legal appeals. A drawn-out process is likely to embolden existing and would-be interlopers to step up assaults on Google's wide range of businesses, if the history of Microsoft's (MSFT.O) antitrust battles with U.S. and European regulators is any guide. In accusing Google of anti-competitive practices against rival shopping sites, the EU competition authority said it is continuing to investigate other areas, including alleged "web scraping" to copy content off of rival travel and local business review sites, and Google's restrictive practices on advertising.
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