Industry & Trade Deliveroo raises $275 million to expand food delivery Ghada Ismail Aug 6, 2016 0 Food delivery start-up Deliveroo has raised $275 million in a round that involved early investors in Facebook and…
Egypt News A new draft law to grant investors temporary residence permits in Egypt aya salah Aug 4, 2016 0 Egypt says it has sent a draft law regulating the residency of foreigners upon which investors can obtain…
World Nikkei drops, strong yen sours mood before BOJ decision Noha Gad Jul 28, 2016 0 Japan's Nikkei share average fell on Thursday as the market took a breather after the yen strengthened, while most…
Tech news Ousta negotiating investment of EGP 50m in 2016: founder Ghada Ismail Jul 27, 2016 0 In May 2014, the World Bank stated in its Cairo Traffic Congestion Study that about “EGP 47bn are wasted every…
Egypt News Dollar shortage caused an inflationary recession in Egyptian local market aya salah Jul 27, 2016 0 The US dollar shortage has stimulated price hikes in the Egyptian market, creating poor economic conditions that…
Tech news Apple CEO touts future technology amid iPhone weak sales Ghada Ismail Jul 27, 2016 0 As iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so…
Real Estate Egypt investors offered 5 real estate, tourist projects in Georgia aya salah Jul 25, 2016 0 Georgia is offering Egyptian investors five mega real estate and tourist projects in the capital city Tbilisi,…
Real Estate Dubai real estate market lures $15.5bn in H1 aya salah Jul 24, 2016 0 Investors, mainly Arab and foreign nationals, poured Dh57 billion ($15.51 billion) into Dubai’s real estate market…
World Japanese stocks fall on stronger yen; BOJ meeting in focus next week Noha Gad Jul 23, 2016 0 Japanese stocks dropped on Friday in thin trade, with investors taking profit after recent gains as the yen…
Financial Institutions Moody’s places Turkey’s debt ratings on review for downgrade aya salah Jul 19, 2016 0 Moody's Investors Service placed Turkey's Baa3 issuer and bond ratings on review for downgrade, citing the need…