Money UAE-based Reportage Properties reports high sales in H1 Amwal Al Ghad English Jul 6, 2020 0 UAE-based Reportage Properties reported high sales during the first quarter of this year, reaching AED 402 million,…
Money Egypt’s CIB bank receives $100 mln loan from IFC to support businesses affected by… Amwal Al Ghad English Jul 6, 2020 0 The International Finance Corporation (IFC) provides a $100 million loan to the Commercial International Bank (CIB)…
Featured Egypt’s Suez Canal revenues drop to $5.72 billion in FY2020 Amwal Al Ghad English Jul 6, 2020 0 Egypt’s Suez Canal revenues declined to $5.72 billion during the 2019/2020 financial year from $5.75 billion during…
Money PMI: Egypt’s non-oil private sector activity at its slowest rate in Jun Amwal Al Ghad English Jul 6, 2020 0 Egypt’s non-oil private sector activity contracted in June at its slowest rate since the coronavirus hit the…
Featured Egypt’s Alexandria Company for Pharmaceuticals to launch new lines of disinfectants Sanaa Allam Jul 6, 2020 0 Egypt’s Alexandria Company for Pharmaceuticals and Chemical Industries plans to set up new production lines for the…
Money Egypt receives first $2 billion tranche of IMF standby loan: minister Amwal Al Ghad English Jul 6, 2020 0 Egypt has received the first $2 billion tranche of a $5.2 billion International Monetary Fund (IMF) standby loan…
Tech/AI Siemens sees up to 20% drop in business in April-June quarter Amwal Al Ghad English Jul 5, 2020 0 German engineering company Siemenssaw the volume of business contract by as much as 20% in the three months to June…
Tech/AI German economy minister sees economic recovery starting October Amwal Al Ghad English Jul 5, 2020 0 Germany’s economy may recover from October onwards from the coronavirus pandemic, Economy Minister Peter Altmaier…
Money Italy-based asset manager, Azimut, launches its Egypt-focused equity fund Amwal Al Ghad English Jul 5, 2020 0 Italy-based asset manager Azimut has launched AZ Equity-Egypt, a fund that will invest in Egyptian equities…
Tech/AI Uber launches taxi app in Tokyo but ride-sharing still barred Amwal Al Ghad English Jul 4, 2020 0 Uber Technologies launched a ride-hailing smartphone application in Tokyo on Friday in partnership with three…