Arqaam plans two new IPOs on Dubai stock market this year
Emirates financial services firm, Arqaam Capital is seeking two initial share offerings for two UAE firms on Dubai…
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UAE
Etisalat Egypt posts H1 revenues of AED 2.22 billion
Etisalat Egypt, a subsidiary of UAE telecom operator Etisalat, has announced financial results of the first half of…
5 Egyptian banks make it onto The Banker’s top 1000 banks list
The Banker magazine has included five Egyptian banks in its annual top 1,000 world banks, according to a statement…
UAE bourses rebound, banks weigh on Saudi
Stock markets in the Gulf diverged on Monday, with the two main bourses in the United Arab Emirates recovering from…
UAE Khalifa Fund to pump $200 mln in Egypt in 5 years
Abu Dhabi’s Khalifa Fund for Enterprise Development plans to pump $200 million into Egyptian market in the coming…
UAE’s Khalifa Fund directs 60% of Egypt investments to rural areas
Abu Dhabi’s Khalifa Fund for Enterprise Development says 60 percent of its investments in Egypt are dedicated for…
Al-Futtaim’s Cairo Festival City mall to increase rental rate by 6% in 2017
Cairo Festival City mall , developed and operated by UAE Al-Futtaim Group, is set to embrace a plan to increase the…
Egypt’s Moukhtar Ibrahim to open up UAE, Algeria branches by year-end
Egypt’s construction firm, Moukhtar Ibrahim plans to inaugurate two branches in UAE and Algeria by the end of…
Russian-Egyptian-UAE Fund initial capital to reach $500 mln: minister
Egyptian government has agreed with the Russian side on the value of planned investments in the joint…
Sharm El-Sheikh may host UAE Super Cup: report
Egypt's Red Sea Sharm El-Sheikh resort may host the United Arab Emirates Super Cup next month, Emirati newspaper…