Tech/AI Nokia to deliver 10% share of China Unicom’s 5G core network Amwal Al Ghad English Jun 15, 2020 0 Finnish telecom equipment maker Nokia said on Monday China Unicom had selected it to supply around 10 percent share…
Stocks Egypt’s EGX 30 share index rises 3.8% in morning trading Amwal Al Ghad English Sep 29, 2019 0 Egypt’s EGX 30 share index climbed 3.8 percent in Sunday morning trade after the central bank cut key interest…
Stocks Egypt’s EGX30 share index drops 3.16% in morning trading Amwal Al Ghad English Sep 24, 2019 0 Egypt’s EGX30 share index fell 3.16 percent in morning trading on Tuesday, the bourse data showed on Tuesday.
Featured Telecom Egypt not to sell share in Vodafone this year Amwal Al Ghad English Feb 10, 2019 0 Telecom Egypt doesn’t have any intention to sell its stake in Vodafone Egypt during the current year, an official…
Featured Egypt’s Pharos Research sets FV of 10 EGX-listed banks Amwal Al Ghad English Jan 17, 2019 0 Egypt's Pharos Research has set the fair value (FV) of ten banks listed in the Egyptian Exchange (EGX), according…
Featured SICO Egypt to produce 1.5 million smartphones in 2019 Amwal Al Ghad English Dec 1, 2018 0 Sico Egypt Company is planning to produce 1.5 million mobile phones next year.
Tech news Tesla’s Elon Musk says tweet that led to $20 million fine ‘Worth It’ Amwal Al Ghad English Oct 28, 2018 0 Tesla Inc's Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the…
Arab Banks lift Dubai, Gulf markets gain modestly Amwal Al Ghad English Sep 27, 2018 0 Dubai’s stock market rose sharply early on Thursday, boosted by banks and property stocks, while most other Gulf…
Real Estate AC sells 4% stake in Mostakbal City to NBE, Banque Misr Marwa himdan Jul 22, 2018 0 Egypt’s construction firm Arab Contractors unveiled selling four percent share of its assets, exceeding 3 billion…
Industry & Trade Egypt’s Pioneers Holding to raise capital to 1.08 bln pounds Amwal Al Ghad English Jun 13, 2018 0 The extraordinary general meeting (EGM) of Egypt's Pioneers Holding Company for Financial Investment has agreed to…
Real Estate Egypt’s Arab Contractors to sell 4% share to two banks Amwal Al Ghad English May 21, 2018 0 Egypt's state-owned construction firm Arab Contractors (AC) will sell four percent stake of its shareholding in El…
Egypt News Sisi discusses Ethiopian dam, bilateral projects with Uganda president nada nasser May 9, 2018 0 Egypt's President Abdel Fattah al-Sisi said Tuesday that he had stressed to his Ugandan counterpart Yoweri Museveni…
Banks Arab African International Bank’s 2017 profits rise to $260 mln in Egypt Yomna Yasser Apr 12, 2018 0 Arab African International Bank’s (AAIB), an international bank based in Egypt, consolidated financial statements…
Real Estate Egypt AC’s business volume hits $1.5 bln in 18 African countries annually Yomna Yasser Apr 1, 2018 0 The total business volume of Egyptian state-owned construction firm Arab Contractors (AC) is worth about $1.5…
Real Estate Egypt’s ECIC eyes 400 mln pounds business volume in Q1-2018 Yomna Yasser Mar 28, 2018 0 Egyptian Company for Integrated Contracting (ECIC) targets total business volume of more than 400 million Egyptian…
Real Estate UAE investment fund ups 16.51% share in Egypt’s property developer Palm Hills Yomna Yasser Mar 20, 2018 0 UP P Capital Investment, a fund owned by Dubai-listed Union Properties, has raised its stake in Egypt's second…
forex news Gold inches up as trade fears weigh on stocks Yomna Yasser Mar 15, 2018 0 Gold prices edged higher early Thursday and hovered near one-week highs hit in the previous session, as concerns…
Real Estate Al-Marasem launches Capital Gate in New Cairo Yomna Yasser Feb 12, 2018 0 Egypt’s construction firm Al-Marasem International for Development, an affiliate of Saudi Binladin Group, has…
forex news Oil prices fall as US output soars above 10 million bpd Yomna Yasser Feb 8, 2018 0 Oil prices on Thursday were close to their lowest levels this year, with soaring U.S. output undermining OPEC's…
Industry & Trade Egypt’s Leather Export Council eyes 25% rise in exports within 2018 Yomna Yasser Jan 13, 2018 0 Egypt targets between 20 and 25 percent increase in its leather exports within 2018, said Mahmoud Serg, Leather…
Tech news No intention to sell TE shares in Vodafone Egypt: minister Yomna Yasser Dec 25, 2017 0 Egypt's Communications Minister Yasser el Qady has dismissed any intention to sell any share of Telecom Egypt in…
Industry & Trade Egypt’s Misr Petroleum reports 10% fall in 92-octane gasoline sales Yomna Yasser Aug 7, 2017 0 Egypt's sales of 92-octane gasoline fell by ten percent by during July 2017, the chairman of the country's…
International News EU ups pressure on east to take migrants Yomna Yasser Jul 27, 2017 0 The European Union stepped up pressure Wednesday on rebellious eastern states to take in their fair share of…
Tech news Xerox Egypt dominates 75% percent of local Egypt printers market Mennatullah Hamzawy Jun 20, 2017 0 Xerox Corporation acquired a 75 percent share of Egyptian market of printers, compared to 63 percent last year, a…
Tech news Vodafone adds 356,000 new clients in January Yomna Yasser May 10, 2017 0 Vodafone grabbed the largest share of new customers in January, adding more than 356,800 clients that month,…
Real Estate Hassan Allam to hand over Egypt New Capital City utilising works in June nada nasser Apr 13, 2017 0 Egypt's Hassan Allam will start delivering the utilisation works on the first phase of the new capital city within…
Real Estate MEDCOM reports one billion Egyptian pounds in contracts this year nada nasser Mar 23, 2017 0 Egypt’s Misr Engineering Development Company (MEDCOM) reported total contracts of one billion Egyptian pounds…
Egypt News Military accounts for 1.5-2% of Egypt’s economy: Sisi Noha Gad Dec 25, 2016 0 President Abdel Fattah Al-Sisi said on Saturday that the military’s share in the Egyptian economy does not exceed…
International News Trump Cabinet index’ is outpacing the market since election nada nasser Dec 20, 2016 0 What do companies like General Dynamics, Goldman Sachs and Exxon Mobil have in common? They're a few of the names…
Tech news Super Mario Run reviews hit Nintendo share price Ghada Ismail Dec 19, 2016 0 Bad reviews of Nintendo's Super Mario Run mobile game have led to an 11% fall in the firm's share price. The game…
Tech news Twitter to share ad revenue on videos by U.S. users Ghada Ismail Aug 31, 2016 0 Twitter Inc on Tuesday stepped up its battle to attract video talent to its platform, saying it will allow U.S.…
Tech news Zuckerberg Sells $95 Million in Facebook Shares for charity Ghada Ismail Aug 20, 2016 0 Facebook Inc. Chief Executive Officer Mark Zuckerberg has made his first big share sale to fund his family's…
World Nikkei takes cue from Wall Street records, logs weekly gain Noha Gad Aug 13, 2016 0 Japan's Nikkei share average rose on Friday to log a robust weekly gain, as records levels hit on Wall Street and a…
Tech news GoTenna lets users text when there’s no cell service Ghada Ismail Aug 11, 2016 0 GoTenna is a small, portable device that attaches to your phone, and lets you send text messages and share your…
World Nikkei’s gains unravel, sheds 2 pct on week as stimulus disappoints Noha Gad Aug 6, 2016 0 Japan's Nikkei share average gave up early gains and ended lower on Friday, capping a week marred by a…
World Nikkei ends a see-saw session higher, Idemitsu falls Noha Gad Aug 4, 2016 0 Japan's Nikkei share average gained on Thursday as bargain hunting prevailed during a see-sawing session, while…
World Nikkei falls to 3-week low on yen; financials hit hardest Noha Gad Aug 3, 2016 0 The Nikkei share average fell to a three-week low on Wednesday on the yen's gains, while financial shares were…
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…
Industry & Trade Coca Cola earnings: 60 cents/share, vs. expected EPS of 58 cents Yomna Yasser Jul 27, 2016 0 Ahead of the opening bell on Wednesday, Coca-Cola is expected to report earnings of 58 cents a share on revenue of…
World Nikkei falls to 2-week low as yen firms before Fed, BOJ meetings Noha Gad Jul 26, 2016 0 Japan's Nikkei share average fell to a near 2-week low on Tuesday as the yen firmed against the dollar ahead of the…