Month: December 2019

Samih Sawiris takes over Thomas Cook franchise in Germany

Sawiris owns 74.9% of the Raiffeisen Touristik Group, which generates around €3.5bn in…

Daily News Egypt

Ministry of Planning launches Sharek 2030 app to advertise gov’t projects

The launch of the Sharek 2030 mobile app took place within the…

Daily News Egypt

Private Sector-Led Development in Egypt: IFC

Following the recent Investment for Africa Forum held in Egypt on November…

Daily News Egypt

Oil prices hike ahead of OPEC meeting after large production cuts expectations

Brent increased by $0.75 to $61.57, WTI up by $0.65 to $56.75

Daily News Egypt

Rameda private placement oversubscribed 1.17 fold

Egypt’s second private-sector initial public offering (IPO) of the year, revitalising the…

Daily News Egypt

Egypt welcomes Endeavour’s bid for all-share merger with Centamin: El-Molla

El-Molla added on Wednesday that the government had no role in the…

Daily News Egypt

Egypt to sign MoU with Dongfeng in January 2020 to manufacture EVs locally: Tawfik

The study will provide information on the investment required for replacement and…

Daily News Egypt

Egypt’s FX reserves increase by $319m in November

 Gold reserves decline, SDR countered FX hike, curbing net foreign reserves increase…

Hossam Mounir

Egypt’s political parties attend national dialogue to discuss new electoral system 

Dialogue aims to consider all observations in the election-related bills, says Ashraf…

Sarah El-Sheikh

Violent Protests against new PM candidate in Lebanon

Late on Tuesday, hundreds of protesters participated in demonstrations against the formation…

Bassant Mohammed