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OUSTA wins best technical project in the Arab world award for 2016

OUSTA, a company specialised in the transportation of individuals in passenger cars through a mobile application, has won the Salem Al-Ali Al-Sabah Informatics Award in its 16th edition, as the best technical project in the Arab world. Ten Arab entities won other awards. The parties represented the governmental and private sector from seven Arab countries, …

Mohamed Alaa El-Din

Emirates NBD launches specialised unit for financing SMEs in Egypt

Emirates NBD announced the establishment of a specialised unit for financing small- and medium-sized enterprises (SMEs) in the framework of its commitment to implement the instructions of the Central Bank of Egypt (CBE), besides the bank’s quest to expand in financing these projects. SMEs are one of the most important sectors that contribute to advancing …

Hossam Mounir

ILO to Qatar: Put your money where your mouth is or else

The International Labour Organization has put Qatar on notice, by giving it 12 months to implement labour reforms, that it no longer can delay acting on promises made in the wake of its successful bid to host the 2022 World Cup. The ILO warning rings stark as the UAE, Qatar’s main competitor, steps up efforts …

James Dorsey

Egyptian, US and UAE navies start joint exercise in Red Sea

The Eagle Salute 2016 exercise kicked off on Monday with the participation of the Egyptian, US and UAE navy forces within the Egyptian territorial waters of the Red Sea. The exercise includes performing drills for joint combat operations that involve naval scouting, defensive, offensive formations and reacting to hostile targets, according to a statement from the …

Daily News Egypt