Tech news Ousta raises $1.25m from Egypt, UAE investors Noha Gad Aug 29, 2016 0 Founder and chairperson of Ousta Nader El-Batrawi said his company was able to secure a $1.25m bridge investment…
Tech news Economists see ride-hailing industry as ripe for competition Ghada Ismail Aug 27, 2016 0 Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move…
forex news Oil prices fall on U.S. crude stocks build; fears over China demand Noha Gad Aug 24, 2016 0 Oil prices fell on Wednesday as an unexpected build in U.S. crude inventories weighed on markets, along with…
Tech news Uber won’t pay more than $2 billion for Lyft Ghada Ismail Aug 21, 2016 0 As Lyft Inc. was gauging interest from prospective acquirers, executives from Uber Technologies Inc. told investors…
Industry & Trade Egypt’s Industry grants expansion licences worth $202mn in July 2016 Noha Gad Aug 20, 2016 0 Egyptian industry ministry gave licences to around 42 investors to expand their industrial projects with…
Tech news Incoming Viacom CEO plans investor campaign as shakeup looms Ghada Ismail Aug 20, 2016 0 As Viacom Inc prepares for the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley,…
Tech news Vevo hires Goldman Sachs for up to $500 million capital raise Ghada Ismail Aug 20, 2016 0 Online music video service Vevo has hired Goldman Sachs Group Inc to raise up to $500 million from new investors,…
World Wall St. dips as investors assess rate outlook Noha Gad Aug 20, 2016 0 U.S. stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest…
World Investors cool on Hong Kong stock market link with ‘Wild West’ Shenzhen Noha Gad Aug 17, 2016 0 A plan to connect the giant stock markets of Shenzhen and Hong Kong offers global investors tempting access to…
Real Estate Dubai real estate markets unlikely to be affected by Brexit aya salah Aug 6, 2016 0 British investors are one of the largest group of investors in Dubai’s property markets but the decision by the UK…