Global markets extend losses on Tuesday
Global markets extended losses on Tuesday as investors weighed the fallout from U.S. and Israeli strikes on Iran,…
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Investing
Asian shares hit record highs on Tuesday
Asian shares hit record highs on Tuesday as investors anticipated U.S. large-cap earnings, while President Donald…
Gold prices retreat on Thursday
Gold slipped on Thursday, easing from Wednesday’s record of $4,642.72 per ounce, as investors booked profits and US…
Gold prices fall on Monday
Gold prices fell for a third straight session on Monday, dropping 0.3% to $4,055.73 per ounce, pressured by a…
Egypt El Sewedy Electric unit plans $400 million industrial city in Tanzania
A subsidiary of El Sewedy Electric plans to set up a new industrial city in Tanzania with total expected…
Bucking emerging market trend, Egypt is one of the most preferred destinations for foreign…
This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale…
Dior aims to launch its business in Egypt in Q4/2024
French fashion label Christian Dior aims to start its operations in Egypt within the fourth quarter of 2024,…
GE proposes investing in Nigeria’s ailing oil refineries
General Electric Co (GE.N) has proposed investing in Nigeria's oil refineries, potentially convening a consortium…
FEDCOC unveils 2017 plan to promote investing in Egypt
The Federation of Egyptian Chambers of Commerce (FEDCOC) revealed Sunday its plan to promote investing in Egypt…
Number of Italian firms investing in Egypt to hit 1,200 in two years
The Egyptian government targets raising the number of Italian firms investing in Egypt from 600 to 1,200 within the…