UAE’s e& to acquire $400mln majority stake in Careem Super App
UAE’s e& has announced the signing of a binding agreement to acquire 50.3 percent stake in a super app managed…
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Egypt’s inflation hikes to 32.7% in March – CAPMAS
Egypt's annual urban consumer inflation rate surged to 32.7 percent year-on-year in March, up from 31.9 percent in…
Google accidentally sent free money to random users
Google’s users have been receiving unexpected cash deposits of up to $1,000 in their app accounts, without any…
Egypt’s financial inclusion grows by 147% from 2016 to 2022 – CBE
Egypt’s central bank (CBE) has released on Saturday its financial inclusion indicators for 2022, as the figures…
TotalEnergies confirms Iraq deal on $27bln energy project
French oil major TotalEnergies confirmed on Tuesday that it had reached an agreement with the Iraqi government on a…
Banque du Caire issues 3-year certificates of deposit at 22%
Banque du Caire has decided to issue a Prima Gold savings certificate for three years with a variable return,…
Get to know McDonald’s 7 most unique restaurants in the world
McDonald's located on the banks of the Nile in the Egyptian city of Aswan, this McDonald's restaurant has…
L’Oréal signs $2.53bln deal to acquire Aesop
French L’Oréal cosmetics company has officially signed a $2.53 billion acquisition agreement on Monday to buy the…
Türkiye’s annual inflation rate slows to 50% – data
Türkiye's annual inflation rate slowed for a fifth consecutive month from a high of more than 85 percent to record…
Microsoft lays off entire AI ethics team
Microsoft waved its entire ethics and society team within the artificial intelligence organisation as part of…