UAE ride-hailing firm Careem acquires stake in Egyptian transport start-up
Ride-hailing firm Careem, a Middle Eastern rival to Uber Technologies Inc, has bought a minority stake in a…
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EFG Hermes ranks first for frontier market economies coverage in 2017 EMEA
EFG Hermes, the MENA’s financial services corporation major, has ranked first in 2017 institutional investor EMEA…
INTERVIEW: LG targets $600 million Egypt sales in 2018
South Korea's LG Electronics is targeting around $600 million worth of local and export sales in Egypt for 2018, LG…
UK’s Johnson arrives in Middle East to help ease Qatar tension
Britain's foreign minister Boris Johnson arrived in the Middle East on Friday to meet representatives from Qatar,…
Swedish mobile games developer FunRock opens its first MENA office in Egypt
Stockholm-based mobile games development company FunRock has chosen Egypt as its first office in the Middle East…
Oil prices fall on OPEC supply rise, but political risk supports
Oil dipped on Wednesday, pulled down by another rise in OPEC supplies despite a pledge to cut production, but…
Amazon completes $580mn takeover of MENA e-commerce giant Souq.com
Amazon has completed its acquisition of Souq, a 12-year-old e-commerce company sometimes called the Amazon of…
Trump’s road to MENA stability runs through an increasingly rocky Egypt
With the world's attention focused on perennial Middle East hotspots like Iraq and Syria, foreign policy experts…
Flynn does not disclose meetings in Middle East
U..S former National Security Adviser Michael Flynn may have violated the law by failing to make required…
Number of tourists visiting Egypt in 2016 hit 5.4 million: CAPMAS
Egypt has welcomed around 5.4 million tourists during 2016, the state statistics agency, CAPMAS said in its latest…