Industry & Trade
Egypt: Investment Minister Calls U.S. Businessmen to Partake in Economic Conference
Published 2015-01-25 08:55:39| Amwal Al Ghad English
Egyptian Minister of Investment Ashraf Salman has called on the US businessmen to partake in the planned economic conference in Egypt, slated for March. The remarks were made during a meeting with members of the US-Egyptian Business Council and the American Chamber of Commerce in Washington. Egypt is keen on achieving reform and building strong and real economy, Salman said. Salman stressed that the Egyptian market has started to recover, reiterating that the country's economic reform focuses on reducing poverty and unemployment rates.
- Egypt’s NileIT starts Studies on Sudan Bourse’s Tech Needs
- Egypt: Investment Minister Calls U.S. Businessmen to Partake in Economic Conference
- Carrefour Franchisee to pursue Egypt Growth as Retail recovers
- EMC eyes Doubled Cloud Computing Labs in Egypt This Year
- Egypt: EGP764 million New Investments in Halayeb, Shalateen and Abu Ramad
- GASC: Egypt buys 3.3 million Tonnes of Wheat in 7 Months
- Egypt forgives Iraqi Debt in Exchange for Oil
- Sony To Delay Official Submission Of Third Quarter Results After Hackinga
- Egypt’s Date Fruit Exports hit Highest in 3 Years
- Egypt Presidency approves $214 million US Aid for Higher Education
Egypt’s Nile Information Technology and Dissemination (NileIT) is on the process of upgrading the technological structure of the Sudanese stock market. According to NileIT’s general manager Mohammed Omar, the Egyptian company is currently conducting studies on the technical system of Khartoum Stock Exchange ahead of starting the structural upgrading process. Omar further stated that NileIT’s partnership with Khartoum Stock Exchange is as part of NileIT’s plan to expand into the African markets in accordance with Information Technology Industry Development Agency (ITIDA)’s strategy. ITIDA’s strategy is based on signing various agreements with all the African states in the coming years. NileIT is specialized in the area of financial applications, digital signature, security and compliance as well as providing SWIFT managed services. It represents an array of financial applications for the capital market, financial institutions, corporates and government. The company has been established by MCDR, the national Clearing, Settlement & Depository of Egypt, National Bank of Egypt and other investors.
Twitter Inc on Tuesday said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the world's second-biggest mobile market. Bengaluru-based ZipDial gives clients phone numbers for use in marketing campaigns. Consumers call the numbers and hang up before connecting and incurring charges, and then receive promotion-related text messages. The start-up's clients include International Business Machines Corp, Yum! Brands Inc's KFC and Procter & Gamble Co's Gillette. The service capitalizes on a local tradition of communicating through so-called missed calls. A person may give a friend a missed call to signal arrival at an agreed destination, for instance, without having to pay the cost of a phone call. Such "unique behavior" was behind ZipDial, the start-up said in a statement announcing the Twitter deal.
The Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.