UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based…
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Capital Group launches ‘Alburouj’ project worth $4bn in Egypt
Capital Group Properties (CGP) announced Tuesday, a company owned by leading UAE developers Abu Dhabi Capital Group…
Egypt’s Banque Misr opens new regional hub in UAE
Egypt's second-largest state bank, Banque Misr has inaugurated its latest regional hub in the United Arab Emirates,…
UAE jails 11 for life over ‘terror plots’
A top court in the United Arab Emirates has jailed 11 people for life Sunday after convicting them of Islamist…
Egyptian women entrepreneurs control 44% of SFD’s micro projects
Women entrepreneurs are controlling 44 percent of micro businesses supervised by the Social Fund for Development…
FGB says has not interest in buying Barclays’ Egypt unit
FGB, the UAE’s largest bank by market capitalisation, has denied Wednesday reports that it is interested in bidding…
Egypt’s SFD gears up for 18th Microcredit Summit in UAE
Egypt’s Social Fund for Development (SFD) is sending a high-level delegation to take part in the 18th Microcredit…
FEP mulls setting up firm to restructure Egyptian faltering factories
Private equity manager in MENA region, First Equity Partners (FEP) is studying setting up a new firm designated to…
Late dues not to harm Emirates Airlines’ flights to Egypt- regional director
The UAE-based Emirates Airline is committed to the operational plan of its flights to Egypt despite the crisis that…
UAE stocks inch down as traders book profits, Qatar up
Stock markets in the United Arab Emirates inched down in early trade Monday as investors booked profits in mid-cap…
