Ming Dynasty box sold for $358k at auction
A 15th-century Chinese box that has been sitting in an attic for decades was sold at auction for $358,000 on May…
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Egyptian firms on AfDB’s funding priority – minister
Egyptian firms were prioritized for funding from the African Development Bank (AfDB), with Egypt's ability to…
Dubai’s most expensive apartment sold for $114 mln
Luxhabitat Sotheby’s International Realty has sold an exclusive penthouse in Dubai’s Marsa Al Arab for $114…
AfDB mobilises $2.2 bln for water projects in Egypt
The African Development Bank Group (AfDB) has mobilised $2.2 billion to fund Egypt’s water desalination and…
Africa’s 0.2% shares of global green bonds need to get higher- AfDB Chief
Africa’s shares of global green bonds represent 0.2 percent of two trillion dollars, said president of the African…
Meta starts final round of layoffs
Meta Platforms Inc. started the third and final round of layoffs on Wednesday according to a source familiar with…
Gulf markets briefing 24/05/2023
The Gulf markets closed low on Wednesday with the Saudi main index, TASI, dropping by -0.35 percent to 11,236.27,…
UK economy to avoid recession- IMF forecast
The UK economy is expected to grow by 0.4 percent in 2023, avoiding a recession, the International Monetary Fund…
Wes Anderson’s Asteroid City premieres at Cannes
Director Wes Anderson’s newest space-themed film, Asteroid City premiered at the 76th Cannes Film Festival at the…
AstraZeneca Egypt to improve productivity by 50% in next 3 years
AstraZeneca plans to invest more in Egypt and increase productivity by 50 percent in the next three years, said…