Pharos Holding concludes 100% exit of shareholders from NPP to Mondi Group
Pharos Holding announced on Monday the successful sale of 100% of the share capital of National Company for Paper Products (NPP) to Mondi Group for a total of EGP 150m…
Ebtikar for Financial Investment announces 33.7% acquisition of Masary for EGP 130m
Ebtikar for Financial Investment, a B Investments portfolio company and a leading investor in the non-banking financial services sector with a shareholder base, announced the acquisition of 33.7% of Masary…
MSCI Emerging Markets Index inclusion is game changer for Saudi Arabia’s capital markets: HSBC
MSCI’s decision to include Saudi Arabia in the MSCI Emerging Markets Index will be a game changer for Saudi capital markets, as the Saudi Stock Exchange (Tadawul) has already seen…
Egypt receives studies on electricity interconnection project with Cyprus
Committee formed to evaluate studies before they are presentation to Al-Sisi
World Cup 2018: Cavani off the mark as Uruguay beat Russia to top spot
Luis Suarez and Edinson Cavani both got on the scoresheet as Uruguay claimed top spot in Group A courtesy of a 3-0 win over host nation Russia. Elsewhere, Saudi Arabia…
Til Schweiger directs Hollywood remake of his own hit movie
The German drama Head Full of Honey was a hit in 2014. Til Schweiger is now filming a remake for Hollywood; its stars, Nick Nolte, Matt Dillon, Emily Mortimer and Jacqueline…
Lifeline: Spain refuses docking to migrant rescue boat as bad weather looms
Spain says it will not accept the Lifeline rescue boat left stranded in the Mediterranean after its rejection by Italy and Malta. This comes as German lawmakers describe the situation…
New EU Copyright Law: Will Upload Filters Destroy the Internet as we Know it.?
New copyright filters in the EU: Platforms like YouTube have to filter uploads by users for copyright infringements. Critics fear the end of memes and say this will destroy the…
5.2% decline in migration approvals in 2017
The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced in its annual bulletin on immigration that the number of people who obtained approval to migrate (legal emigrants) and who…
General Egyptian Book Organisation runs Ras El-Bar’s first book fair
Haitham Aly, head of the General Egyptian Book Organisation, is to inaugurate Ras El-Bar’s first book fair on Tuesday. The book fair will be the third taking place in Egypt…