Rameda withdraws offer to acquire GlaxoSmithKline Egypt stake
Egypt’s Rameda Pharmaceutical said in a bourse filling on Tuesday it had withdrawn its proposal to acquire…
Egypt to sign deal with foreign firm to manufacture tablets locally soon – minister
Egypt is expected to sign an agreement within the first quarter of the year with one of the foreign firms to…
Onsi Naguib Sawiris named chairman of Orascom Financial Holding
Orascom Financial Holding on Tuesday announced that Onsi Sawiris, the son of Egyptian business mogul Naguib…
Egypt’s main stock index falls 0.65%, market cap losses EGP 4.7 billion
Egypt’s stock exchange’s (EGX) indexes ended lower on Tuesday, with the benchmark EGX 30 index plunging 0.65…
Egypt sees 4.7% decrease in trade deficit during November 2020: CAPMAS
Egypt reported a 4.7 percent decrease in trade deficit during November 2020, the Central Agency for Public…
Orange Business Services to design, build Cloud-based ICT infrastructure for Egypt’s new…
Orange Business Services, the business services arm of Orange, announced on Tuesday that it will design and build a…
European stocks pull back despite global record highs
European stocks retreated on Tuesday morning as the rally that’s seen global stocks nudging to record highs…
Chinese stocks lead gains in mixed session for Asian markets
Asia-Pacific stocks mostly advanced Tuesday with Chinese mainland shares leading gains.
Tesla purchases $1.5 billion in bitcoin, plans o accept it as payment
Tesla has announced that it is bought $1.5 billion in bitcoin and would start accepting the cryptocurrency as…
Egypt’s Banque Misr approves EGP 1 billion Islamic financing for Porto, Bonyan…
Banque Misr approved a Shariah-compliant loan worth 1 billion Egyptian pounds ($64 million) loan for Bonyan…