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Saudi Arabia’s PIF acquires minority stakes in four Egyptian state firms
Saudi Arabia’s Public Investment Fund (PIF) has acquired – through its set-up firm the Saudi Egyptian Investment Co…
Telecom Egypt, Orange sign roaming agreement
Telecom Egypt has signed a commercial agreement with Orange Egypt for national roaming services, according to a…
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…
Russia launches an Iranian satellite
Russia launched successfully a missile on Tuesday that carried an Iranian satellite into space, as Moscow and…
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…
Apple to launch first store in Saudi Arabia – minister
U.S. Technology company Apple will open soon a centre in the logistics area at King Khalid Airport in Riyadh for…
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…