Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...
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,...
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...
Warba Bank discusses issuing Islamic facilities at $200m
Warba Bank is holding talks with other banks to enter the loans market through issuing a 3-year Islamic facility worth $200 million.
The bank aims...
Amazon to buy Middle Eastern online retailer Souq.com
Amazon.com Inc has agreed in principle to buy Dubai-based internet retailer Souq.com, one of the best-known names in the Middle East's online shopping market,...
WeWork to raise $4.4bn in funds from SoftBank
WeWork has just raised an extra $4.4bn in funds from SoftBank Vision Fund and SoftBank Group, according to a statement on Thursday by the...
SIDPEC signs new agreements at EGYPES
Sidi Kerir Petrochemical Company (SIDPEC) signed a memorandum of understanding with Hitachi Zosen Inova AG. The MoU was signed by Engineer Mohamed Ibrahim,...
Emaar to offer 30% of its real estate development business in Dubai
Emaar Properties, the builder of the world's tallest tower, plans to offer up to 30 percent of its United Arab Emirates real estate development...
Egyptian Billionaire Sawiris Discloses 6% Stake in Adidas
The Wall Street Journal: The investment vehicle of Egyptian billionaire Nassef Sawiris disclosed Friday that it obtained 6% of the voting rights in Adidas...
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...
Siemens wins UK wind power plant order
Siemens has clinched a major order from Dong Energy to construct an offshore wind power plant with a capacity of 580 MW in Britain.
As...