Sharm El-Sheikh’s 2017 Africa Conference opens the gate for the wealth of the continent’s...

Last week, Sharm el-Sheikh hosted the 2017 Africa Conference, marking the second session of the conference for the second consecutive year after the Africa...

A new IDB office in Cairo

The Minister of Investment and International Cooperation Dr. Sahar Nasr met with President of the Islamic Development Bank (IDB) Dr. Bandar Hajjar, on the...

HSBC UK offers mortgage at 0.99% making borrowing cheaper following Brexit shock

The two-year fixed rate from HSBC is the first fixed deal to dip below 1 per cent but analysts say other lenders may follow, leading rates...

EBRD provides $25m loan to Elsewedy unit

The European Bank for Reconstruction and Development (EBRD) said that it will provide a $25 million loan to the Egyptian copper rods manufacturer United...

Emaar plans first Vida hotel project in Egypt

UAE-based Emaar Hospitality Group is set to develop Vida Marassi Marina, a major leisure development with 120 hotel rooms and suites offering a refreshing;...

Bin Talal sells stake in Murdoch’s 21st Century Fox

Saudi billionaire Al-Waleed bin Talal has sold his remaining stake in Rupert Murdoch’s 21st Century Fox Inc., according to Bloomberg. Bin Talal had been...

Hala Sakr appointed as member of EGX board of directors

The board of directors of the Egyptian Stock Exchange (EGX) approved the appointment of Hala Sakr, managing director of Barclays Bank Egypt, to the...

Zambia hosts Africa private sector job creation forum

ZAMBIA is scheduled to host the first Africa Forum on Private Sector Inclusive Green Growth and Job Creation where local and international experts will...

IBM announces Major block chain solution to speed global payments

IBM has announced a new block chain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce...

China’s central bank: Bitcoin offerings are illegal

Bitcoin has tumbled by the largest amount since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising...

Amazon Web Services will lose money on $6.6 billion

Amazon’s cloud computing business is growing fast and will grow from $4.6 billion in revenue in 2014 to $6.6 billion in 2015 and $9.2...

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President El-Sisi launches the New Administrative Capital with Copts and Muslims prayers

President, along with religious, military and int’l dignitaries, witnessed the ceremony to inaugurate Nativity of Christ Cathedral and Al-Fattah Al-Alim Mosque. As a true...

Egyptian explosives expert killed defusing a bomb near church in Cairo

An Egyptian police officer was killed on Saturday while attempting to defuse a improvised bomb found near a church in an eastern...

MEO was awarded the best at Hilton’s Media Event!

Hilton Zamalek organized a recognition Media Event to honor the Egyptian Media and Press for their usual support in promoting Hilton Zamalek...
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