UAE’s SHUAA Capital brokerage firm eyes Business in Egypt

Dubai, SHUAA Capital, the United Arab Emirates-based integrated financial services firm, has announced that it has formally begun discussions with Egyptian regulators for reintroducing its...

Garmco inks $55m expansion deal

Garmco, a leading aluminium rolling mill, has entered into an agreement with Fives, an industrial equipment supplier, to build a new state of art...

Modern packet core network with Ericsson by Mobinil

Egyptian operator Mobinil has successfully launched a modernized packet core network based on Ericsson’s (NASDAQ: ERIC) Evolved Packet Core (EPC) solution, enabling its customers...

Facebook Inc. and Snap Inc. could be sitting on a $16 billion revenue opportunity!

In her annual internet trends report, released last week, Kleiner Perkins Caufield & Byers partner, Mary Meeker pointed to a gap in the monetization...

Hoffman and Gates team up investments in “social change platform”

LinkedIn co -founder Reid Hoffman is leading a $30 million investment in Change.org, the for-profit “social change platform” that’s best known as a site...

Trivago Nears an official Public offering

There’s a good chance you’ve seen quite a few commercials with the “Trivago Guy” with the wry sense of humor. For the most part,...

AT&T to buy Straight Path Communications for $1.25 billion

U.S. wireless carrier AT&T Inc (T.N) said on Monday it would buy Straight Path Communications Inc (STRP.A), a holder of licenses to wireless spectrum,...

EGX gains 136 pts at open on foreign buying

The Egyptian Exchange (EGX) opened Sunday’s trading on a positive note, backed by foreign purchases. By 10:37am Cairo time, the benchmark EGX30 index grew 1.11%...

EGPC seals oil exploration deals worth $79m with Apache Corporation

The Egyptian General Petroleum Corporation (EGPC) has sealed three deals with Merlon International and Apache Corporation to explore for oil and gas in Egypt's...

FCC unit wins $320m Egypt wastewater plant deal

FCC Aqualia, a leading water management company based in Europe, said it has been awarded a $320-million, contract to design, build and operate the...

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Women honored at EGPS 2019

Minister of Petroleum and Mineral Resources Tarik El-Mulla stressed the increasing role of women in energy sector and in the various...

The Export Development Bank of Egypt opens a new branch in Beni Suef

Mr. Hani Abdul-Jaber, Governor of Beni Suef and Dr. Ahmed Galal, Vice Chairman of the Board of Directors of the Export Development...

Minister of Supply counter traders exaggerated bread pricing at the Journalists City by moving...

Dr. Ali Meselhi, Minister of Supply and Internal Trade, agreed to allocate a moving outlet for the sale of subsidized bread at...
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