Egypt to list military-owned companies in stock market
The pre-listing process of two Egyptian military-owned companies, Wataniya and Safi, in the stock market has been…
Egyptian Exchange Briefing 13/03/2023
The Egyptian Exchange witnessed a huge drop in the majority of its indices on Monday, with EGX 30, the main index,…
Electrolux Egypt unites with Shift EV to electrify its cars
Electrolux Group Egypt, the world leader in the production and manufacture of electrical appliances, has contracted…
Meta considers to rival Twitter with possible new app
Meta Platforms Inc. is planning to build a new text updates sharing platform, which might be a high-profile…
Biden to approve major oil project in Alaska
U.S. president Joe Biden’s administration will approve a major project in Alaska on Monday according to informed…
Signature Bank second casualty after SVB
State regulators closed Signature Bank on Sunday, New York-based bank, in the third largest failure in US banking…
HSBC pays £1 to rescue UK Silicon Valley Bank
HSBC UK Bank, announced on Monday that it has agreed to acquire Silicon Valley Bank U.K. (SVB) for £1 ($1.21), the…
Egypt to attract foreign investments in priority sectors – minister
Egypt is qualified to attract foreign and local investments said Minister of Finance Mohamed Maait, in a meeting…
Chinese recovery, dollar weakness cause crude price hike
Oil prices inclined during Asian trade on Monday, amidst China’s demand recovering and the weaker dollar that is…
Christian Berger: promoting gender equality raises GDP to 9.6% by 2050
Christian Berger, Head of the European Union Delegation to Egypt, said on Sunday that gender equality will improve…
