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…
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…