US stocks closed higher on Wednesday
US stocks-Wall Street increased on Wednesday after three-day decline in the Dow and the S&P 500, as investors…
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ArabyAds raises $30m in Pre-Series B funding round from AfricInvest
Egyptian company based on Dubai ArabyAds the leading AdTech company in the MENA region announced on Wednesday that…
NAT, NERIC, Hyundai Rotem sign $656 million contract to localise 320 railway cars in Egypt
Egypt’s National Authority for Tunnels (NAT), South Korea's Hyundai Rotem Alliance, and National Egyptian Railway…
UAE’s Majid Al-Futtaim profits rise 18% in H1 2022 – statement
Dubai-based Majid Al-Futtaim Group announced that its earnings climbed to Dh1.9 billion ($517.71 million) and…
Egypt’s GASC directly purchases 240,000 tons of Russian wheat – ministry
Egypt’s state grains buyer GASC has contracted on Monday to purchase 240,000 tones of Russian wheat, according to…
Egypt’s stocks open trading with slight rise on Wednesday
Egypt’s stock exchange (EGX) started trading on Wednesday with a slight increase, and the main market index EGX 30…
China’s Shenzhen stocks down 2% in mixed Asia trade
Asia-Pacific shares had mixed on Wednesday as the Shenzhen Component tumbled 2.88 percent to close at 12,096.39,…
Four Int. firms shortlisted for $2 billion petrochemical complex in Egypt
Anchorage Investments announced on Tuesday that four international companies have been shortlisted for the second…
UNDP, Savola Foods sign MoU to benefit impact investment in Egypt
United Nations Development Programme (UNDP) in Egypt and Savola Foods have signed a Memorandum of Understanding…
US markets closed lower as investors wait Fed’s Powell
New York stock exchange faltered on Monday with all three major indices ending with losses of about two percent or…
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