Qatar’s non-energy business expands in April – PMI
Qatar's non-energy private sector recorded its first output growth of 2025 in April, according to the latest…
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companies
Spain announces €150m subsidies to promote AI integration
Spain's Prime Minister Pedro Sanchez announced on Monday that the government will allocate an additional €150…
UAE mandates emissions reporting for large polluters
The United Arab Emirates (UAE) will require companies emitting 500,000 tons or more of carbon dioxide annually to…
EU competition policy supports company scaling – Von der Leyen
European Commission President Ursula von der Leyen announced plans to overhaul EU competition policy to support…
UK watchdog reconsiders naming companies under investigation
The UK’s Financial Conduct Authority (FCA) is expected to revise its plans to publicly name companies under…
Egypt approves draft law on state-owned companies
The Egyptian Cabinet approved a draft law on Wednesday aimed at regulating the state’s ownership of companies it…
S. Korea pledges $57 bln to support SMEs
South Korea set up a $56.97 billion financial aid programme to assist companies investing in vital sectors and…
HSBC reports pre-tax profit of $5.2 billion in Q4 2022
London-based banking firm, HSBC reported on Tuesday its profit before tax reaching $5.2 billion during the last…
U.S. investments in Egyptian startups rise 4.5% in 2018 – CAPMAS
The U.S. investments in new companies in Egypt increased 4.5 percent to around $4.6 million in 2018 from $4.4…
8,258 new companies launched in Egypt in four months – CAMPAS
The number of companies established in Egypt during the first four months of the year rose 10.7 percent to 8,258…
Ten Egyptian companies’ six-year African investments hit $10 bln
Ten of the biggest Egyptian companies invested $10 billion in 21 African countries over the past six years, said…
11 Egyptian companies’ capital rises to $107 mln in May – ministry
Egypt’s Investment Ministry said 11 companies increased their capital with a combined value worth 1.8 billion…
6,305 new companies launched in Egypt in Q1: CAMPAS
The number of companies established in Egypt during the first quarter of the year rose 9.7 percent to 6,305 from…
3 private firms to finish offering procedures by 2019 end: EGX Chairman
Three private companies are set to be listed in the Egyptian Exchange before the end of 2019, Chairman of EGX…
CBE imposes sanctions on 28 exchange companies during 2018
The Central Bank of Egypt (CBE) imposed punishments on 28 foreign exchange companies for violating rules during…
340 Chinese companies invest $600mln in Egypt
340 Chinese companies invested $600 million in various projects in Egypt, according to Chairman of the Federation…
Four consortia work on developing 7.2 mn sqm in SCZone
Four local and Arab companies and consortia are currently working on developing 7.2 mn sqm in the Suez Canal…
British trade delegation in two decades concludes visit to Egypt
A British delegation including representatives of 50 companies concluded its five-day visit to Egypt on Thursday…
39 companies from Mercosur countries invest 42 mln in Egypt
Egypt has about 39 companies from Mercosur countries with investments amounting to 42 million dollars, Ahmed Antar,…
Egypt’s firms obliged to label all food products with prices by January: minister
Egyptian companies will begin applying price tags to food products starting Monday or else be subject to legal…
UAE asks banks for information on 19 Saudis’ accounts: sources
The United Arab Emirates Central Bank and securities regulator have asked banks and finance companies in the UAE…
Saudi banks freeze over 1,200 accounts in probe, number still rising: sources
Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as…
China’s central bank chief urges Beijing to promote equity, cut debt, eliminate…
China's central bank boss spelled out his strategy to prevent a future financial crisis, urging broadened equity…
Amazon and Alphabet crushed earnings. What will be the next breakout tech company
Amazon, Alphabet, Microsoft, and Intel topped earnings expectations when the companies reported their quarterly…
Egypt, UK firms to launch catheter production facility at $4mn investment
A new medical joint venture between an Egyptian and a British companies to launch a state-of the-art-facility to…
Facebook, in reversal, to publish cache of political ads
Facebook Inc (FB.O) announced a plan to increase transparency about its role in political advertising on Friday,…
Value of mobile recharge cards falls 36%
Egypt's National Telecommunications Regulatory Authority ratified on Thursday evening a decision by mobile…
Volkswagen is ‘second mover’ in electric commercial vehicles
Volkswagen is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla and…
Putin tells Russia’s tech sector: Ditch foreign software or lose out
Russian technology companies will lose out on state orders unless they switch to using home-grown software, Russian…
Western Digital offers to exit Toshiba chip bid for better joint-venture terms
Western Digital has offered to drop out of a bid for Toshiba's lucrative semiconductor business in return for a…
Iran in talks to sign ten oil and gas contracts: minister
Iran’s government is in talks with both domestic and international companies to sign ten oil and natural gas…
Germany warns US over Russia sanctions
Germany warned Friday that it would not accept any new US sanctions against Russia that targeted European…
Egypt pays $2.2 bln in arrears to foreign oil firms in three weeks
Egypt has paid $2.2 billion in arrears to international oil companies operating in the country during the past…
Egypt in $750 mln debt payout to oil firms
Egypt is to make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor…
Egypt’s CBE obliges banks to not deal with over 7 exchange bureaus
The Central Bank of Egypt (CBE) issued directives to banks operating in the Egyptian market to not deal with more…
Apple to create $1 billion U.S. advanced manufacturing fund
Apple Inc plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief…
Google to revamp policies, hire staff after UK ad scandal
Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies…
Trump’s trade czar Ross easily wins Senate confirmation
Billionaire investor Wilbur Ross easily won confirmation as U.S. commerce secretary on Monday, clearing President…
Oil prices slip after US stockpiles’ rise
Oil prices fell on Thursday after official data showed U.S. crude and gasoline stockpiles rose sharply, although…
Egypt looks for gold tenders success as two companies won’t bid
Egypt is looking for international gold mining companies to participate in its first exploration tender since 2009…