Browsing Category
Money
GIG Egypt insurance submits $238 million offer to buy AIG
Egypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt…
UK home buyers’ average mortgage reaches 30 years
UK home buyers’ average mortgage has reached a record high of 30 years, while the mortgage approvals fell more than…
Saudi Arabia intends to buy 25% of Egypt’s MOPCO
Saudi Arabia’s Public Investment Fund (PIF) has acquired on Tuesday 25 percent stake in the Egypt's Misr Fertilizer…
Gold prices in Egypt on August 9
Gold prices in Egypt decreased on Tuesday as the global prices of the yellow metal recorded $1792.22.
Egypt establishes independent fund for Suez Canal
Egyptian Cabinet has approved to establish a separate fund to manage Suez Canal’s revenues, as its headquarters…
UAE national banks’ assets reach $823 billion in May
UAE national banks’ assets rose 4 percent to $823 billion in Jan-May 2022, according to latest statistics released…
etisalat by e& conducts first 6GHz test in MENA region
etisalat by e& conducts first 6GHz test in MENA region enabling the 5G evolution and next generation of devices…
Matouk Bassiouny completes advisory on 56% sale of Egypt’s Beltone to UAE’s Chimera
Cairo-based law firm Matouk Bassiouny & Hennawy (MBH) has successfully completed on Tuesday advisory UAE…
UAE’s ADNOC obtains $425m in H1 profits fueled by higher fuel demand
UAE’s ADNOC Distribution announced on Monday its net profit 1.56 billion dirhams ($425 million) for the first half…
China sends first equipment shipment to Egypt for climate cooperation ahead of COP27
China dispatched its first shipment of equipment to Egypt in order to contribute in transforming Sharm El Sheikh…