Featured Egypt’s bourse approves listing of Misr Life Insurance shares for first time since… Aya Anwar Mar 3, 2026 0 The Egyptian Exchange’s (EGX) Listing Committee approved the temporary listing of Misr Life Insurance Company…
Featured Indian green power giant ReNew Energy moves towards delisting Aya El Sayed Dec 11, 2024 0 The main shareholders of ReNew Energy Global Plc, one of India's leading green power firms, have made a move to…
Money Siemens Energy defends Gamesa deal – CEO Aya El Sayed Feb 26, 2024 0 Siemens Energy performed extensive due diligence before fully acquiring its wind turbine subsidiary Siemens Gamesa,…
Money Swisscom to pay CHF22 dividend Aya El Sayed Feb 25, 2024 0 Swisscom AG’s board (VTX:SCMN) has declared a dividend payment of CHF22.00 per share, scheduled for April 4th,…
Money Japan’s brewer Sapporo pivots to beer amid rising activist stake Aya El Sayed Feb 19, 2024 0 Sapporo Holdings, a Japanese brewing company, is making a bold move in its significant history by decisively…
Financial Institutions 2023 revenue soars 40.0% y-o-y – Markaz Aya El Sayed Feb 18, 2024 0 Kuwait Financial Centre, Markaz, announced on Sunday a rise in total revenue to KD 26.32 million in 2023 from KD…
Money NEC sells back discounted stake to JAE Aya El Sayed Feb 14, 2024 0 NEC, a Japanese company, received several buyout offers from global private equity funds before deciding to sell a…
Banks Short sellers bet against PBB bank Aya El Sayed Feb 12, 2024 0 Short sellers are betting against almost 8 per cent of Deutsche Pfandbriefbank’s (PBB) shares due to concerns about…
Featured S. Arabia’s Savola group to issue Almarai stake to shareholders Aya Anwar Feb 7, 2024 0 Saudi Arabia's Savola announced that it intends to give its eligible shareholders a 34.52 per cent stake in the…
Money Wealth dip affects Italy’s SMEs Aya El Sayed Feb 1, 2024 0 In a bid to shore up its economy, Italy is actively seeking the savings of its citizens. However, this strategy…
Tech/AI Japan’s Toshiba to sell down Kioxia stake, return much of proceeds to shareholders Amwal Al Ghad English Jun 22, 2020 0 Japan’s Toshiba Corp said on Monday it planned to sell down its 40.2 percent stake in flash memory chips firm…
Featured Egyptian Takaful Insurance posts 19% surge in nine-month profits Alzahraa mostafa May 27, 2019 0 Egyptian Takaful Insurance Company (Property) posted a 19 percent year-on-year surge in its profits to record 99…
Featured Heliopolis Housing proposes EGP 225.6 mln dividends for FY2018 Amwal Al Ghad English Oct 1, 2018 0 Egypt’s Heliopolis Company for Housing and Development has decided to reconsider the cash dividend distribution for…
Featured Telecom Egypt profits rise 12.3% in Q2 Amwal Al Ghad English Aug 14, 2018 0 Telecom Egypt posted a 12.3 growth year-on-year growth in consolidated profits for the second quarter of 2018,…
Get To Know Get to know Nermine Tahoun Amwal Al Ghad English Jun 23, 2018 0 Ms. Tahoun provides advises in international trade contracts and disputes, construction, IT, IP and labor matters,…
Real Estate Property developer SODIC’s Q1 profits rise to 212mn Egyptian pounds nada nasser May 16, 2018 0 Egypt's Sixth of October for Development and Investment (SODIC) said Wednesday it has achieved profits worth 212.11…
Tech news Etisalat Misr increases paid capital by 23.16% Yomna Yasser Feb 15, 2018 0 Etisalat Misr announced the shareholders’ approval to increase its paid capital by 23.16 percent or 4.5 billion…
Tech news Samsung Electronics to boost returns after record Q3 profit Yomna Yasser Oct 31, 2017 0 South Korean technology giant Samsung Electronics Co Ltd promised to return $26 billion to shareholders over the…
Arab Saudi stocks edge up on stable insurers, no earnings boost for QNB Yomna Yasser Oct 12, 2017 0 Saudi Arabia’s stock market staged a modest rebound early on Thursday as insurance stocks stabilised, while solid…
Tech news Uber’s Kalanick reignites power struggle, names two to board Yomna Yasser Oct 1, 2017 0 Uber Technologies co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move…
Industry & Trade Coca-Cola profit fall by 60% on refranchising charge Yomna Yasser Jul 27, 2017 0 U.S. drinks giant Coca-Cola reported a 60.2 percent fall in quarterly profit, as the beverage maker incurred a…
Tech news Salesforce still mulls bid for Twitter as shareholders resist Ghada Ismail Oct 11, 2016 0 Salesforce.com Inc is still deliberating whether it should make an offer for Twitter Inc in the face of resistance…
Tech news Tesla, SolarCity set to announce merger soon Ghada Ismail Aug 1, 2016 0 Tesla Motors Inc and SolarCity Corp could announce they have agreed to merge as early as Monday, people familiar!-->>…
Tech news Verizon sale leaves Yahoo investors betting on a stub Ghada Ismail Jul 26, 2016 0 Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its…
Industry & Trade Tumi shareholders back Samsonite acquisition plan Noha Gad Jul 13, 2016 0 Luggage maker Tumi Holdings Inc's (TUMI.N) said its shareholders have backed Samsonite International S.A.'s…
World London stock exchange shareholders vote on merger deal under Brexit cloud Noha Gad Jul 3, 2016 0 Shareholders of the London Stock Exchange will vote on Monday on whether to back a $27 billion merger with…
Tech news Facebook investors OK new share class to keep Zuckerberg in charge Ghada Ismail Jun 21, 2016 0 Facebook Inc shareholders approved a proposal to create a new class of non-voting shares, a move aimed at…
Tech news T-Mobile offers a share of itself to customers, launches gift app Ghada Ismail Jun 7, 2016 0 T-Mobile US Inc, the No. 3 U.S. wireless provider, wants to turn its monthly subscribers into shareholders by…
Real Estate Arabtec to use $272 mln reserves to wipe out losses aya salah Jun 1, 2016 0 A meeting of shareholders in Dubai-listed construction firm Arabtec Holding approved on Wednesday a plan to use 1…
Banks JPMorgan, Citi shareholders to vote on potential breakup plans Noha Gad Mar 17, 2016 0 Shareholders of JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) will get to vote on whether their banks…
Tech news Apple allows long-term shareholders to nominate board members Noha Gad Dec 24, 2015 0 Apple Inc on Tuesday became the latest U.S. company to amend its bylaws to allow long-term shareholders to nominate…
Banks Sale of Egypt’s Beltone Financial gets 97.3 pct shareholder approval – source Yomna Yasser Nov 12, 2015 0 Shareholders in Egypt’s Beltone Financial have agreed to sell 97.3 percent of shares in the financial services…
Banks Goldman Sachs asks Shareholders to ‘like’ Tech push in San Francisco Noha Gad May 21, 2015 0 In Goldman Sachs Group Inc's latest move to bolster its street cred as a cool, tech-savvy bank, it is holding its…
Egypt News Egypt’s GB Auto says shareholders take up $125.8 mln cash call aya salah May 5, 2015 0 Shareholders in Egypt's GB Auto have subscribed to almost all of its 960 million Egyptian pound ($125.82…
Industry & Trade GE to sell Bulk of Finance Unit, return up to $90 billion to Investors Noha Gad Apr 11, 2015 0 General Electric Co will shed most of its finance unit and return as much as $90 billion to shareholders as it…
International News AIG Investors’ $970.5 million Settlement wins U.S. Court Approval Noha Gad Mar 21, 2015 0 American International Group Inc (AIG.N) shareholders won approval on Friday of a $970.5 million settlement…
International News Exclusive: Despite Wage Hike, Some Walmart Shareholders Seek Change Noha Gad Feb 25, 2015 0 A prominent investor in Wal-Mart Stores Inc (WMT.N) is pushing ahead with a campaign to link a portion of executive…
Financial Institutions Arab Orient Takaful Insurance’s investment revenues are EGP5.8mn in 3 Months Salma Ayman Nov 20, 2014 0 The total value of investment revenues of Arab Orient Takaful Insurance within the first quarter of the fiscal year…
EGX Egypt Kuwait Holding Endorses Bonus Issue Salma Ayman Sep 14, 2014 0 Egypt Kuwait Holding Co. (EK Holding) held an extraordinary general meeting on Thursday, September 11, in which…
Banks Iskan Insurance Plans Boosting Capital to EGP100 mn by Sept Salma Ayman Aug 28, 2014 0 Egypt's Iskan Insurance Company is planning boosting its paid up capital to EGP100 million by the end of next…