Pharos closes sale of controlling stake in Spinneys to Investec Asset Management

Investment bank acted as sell-side advisor to Spinneys shareholders

Daily News Egypt

Hike by 126.4% in Egypt’s exports to Jordon during Q1 of 2019

Egypt's trade office in Jordon added in its economic report that the trade exchange between the two countries during the first quarter (Q1) of 2019 hiked by about 108.2%, recording…

Daily News Egypt

Banque Misr allocates EGP 13bn for MSMEs in FY 2018/19

Bank signs cooperation protocol with universities to provide workspaces for entrepreneurs

Hossam Mounir

MTI plans to merge Bee, Masary e-payment platforms by 2020

Investor Relations and Business Development Manager at MTI, Ashraf El-Ghannam, said the group will focus on enhancing profitability by increasing contribution of high-profit-margin business lines, and replicating MTI’s business model…

Alyaa Stohy

Online industrial investment map to be launched within 2 months: IDA Chairperson

Map to show land prices, required documents, allow purchase requests online, says Ghazi

Daily News Egypt

“Go back to fix totally broken, crime infested places you came from”: Trump

President Donald Trump’s tweets attack 4 congresswomen, 2 of whom are of Arabic origin

Bassant Mohammed

Iran says it is ready for talks if US lifts sanctions

US President Donald Trump’s administration previously said it is open to negotiations with Iran on a more far-reaching agreement on nuclear and security issues.

Daily News Egypt

UN calls for refugees in Libyan detention centres to be freed

The call comes in response to the airstrikes on the Tajoura Detention Centre, on July 3, according to the UN official site.

Bassant Mohammed

Turkey urges Greek Cypriots to accept oil drilling plan

FM Cavusoglu, urged Greek Cypriot government to accept cooperation plan on drilling

Daily News Egypt

Sudanese protester shot dead as talks between TMC, opposition postponed

Protesters headed to security, intelligence headquarters against RSF

Fatma Lotfi