81 industrial units offered to investors in 10th of Ramadan City

Mon, 30 Nov 2020 - 10:30 GMT

The units are located in the industrial SME's complexes, particularly B and C spanning over six million square meters southern the city.

EGX loses LE6.6B of market cap. with turnover of LE4.4B

Tue, 18 Feb 2020 - 01:27 GMT

The Egyptian Exchange (EGX) ended mid-week session in red, amid Arab and foreign selling.

Mashat prioritizes women, food security in Davos meetings

Sat, 25 Jan 2020 - 12:02 GMT

On the sidelines of Davos 2020, Minister of International Cooperation Rania al-Mashat held meetings with heads of UN organizations to discuss plans.

EGX loses LE 1.15B of market cap. Sunday

Sun, 01 Dec 2019 - 01:58 GMT

The benchmark EGX 30 lessened 0.50 percent, or 68.83 points, to close at 13,780.63 points.

Goals of establishing integrated national databases

Tue, 28 May 2019 - 08:42 GMT

The Ministry of Communications and Information Technology is collaborating with different ministries and agencies to finalize the integrated national databases, a project that began mid-2016.

China's premier gives vote of confidence to euro currency, debt

Thu, 24 May 2018 - 09:17 GMT

The premier said a strong euro benefits the Chinese yuan currency.

EGX ends Wednesday in red, market cap. loses LE 4.9B

Wed, 18 Apr 2018 - 01:42 GMT

The benchmark EGX30 declined 0.54 percent, or 96.61 points to end at 17,705.87 points.

Ackman ends public battle with Herbalife, takes stake in United Tech.

Thu, 01 Mar 2018 - 08:37 GMT

Now, Ackman is building a position in aircraft parts maker United Technologies Corp, whose shares rose as much as 3.4 percent to $138.49.

Full coordination between Egypt, UK to maintain strategic relations: Min.

Wed, 14 Feb 2018 - 12:56 GMT

Trade and Industry Minister Tarek Kabil said on Wednesday Egyptian-British economic cooperation is deeply-rooted and based on common interests.

Uber to disclose price on SoftBank deal early next week: sources

Sat, 25 Nov 2017 - 11:09 GMT

Uber Technologies Inc plans to move ahead with a deal to bring in Japanese technology company SoftBank Group Corp as a major investor.

Qatari investor selling $1.5 billion stake in Bharti Airtel

Wed, 08 Nov 2017 - 01:06 GMT

A Qatari investor is selling a 5 percent stake in top Indian telecoms carrier Bharti Airtel on Wednesday for about 95 billion rupees ($1.46 billion).

Saudi Aramco in stake sale talks with Chinese investor: sources

Sat, 14 Oct 2017 - 11:24 GMT

Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated IPO are pushed beyond its 2018 target.

Investor services center to be finalized soon: Minister

Sat, 07 Oct 2017 - 04:36 GMT

Development works of the investor services center will be finished “within days”.

Saudi Arabia mandates banks ahead of international bond issuance

Mon, 25 Sep 2017 - 08:52 GMT

Saudi Arabia has mandated banks to arrange a series of fixed income investor meetings ahead of a potential international bond issuance

Toys 'R' Us files for bankruptcy ahead of holiday season

Tue, 19 Sep 2017 - 12:56 GMT

Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry.

Investors to receive tax exemption up to 70% from investment cost

Thu, 04 May 2017 - 07:20 GMT

Investors will now be able to receive tax exemptions at three different rates: 30 percent, 40 percent and 70 percent, of their investment cost,