Siemens’ Healthineers starts flotation of minority stake

Prior to a planned IPO, German engineering giant Siemens is offering investors a minority stake in its medical imaging business Healthineers. The IPO itself is likely to become Germany's biggest…

Deutsche Welle

Nature’s gift? The many uses of algae  

Seaweed is a global phenomenon and is often seen as either a plague or a blessing. Over the past 99 episodes, eco@africa has looked into the many uses of this…

Deutsche Welle

Elite to launch project in New Administrative Capital worth EGP 1bn

Elite Real Estate Consultancy is launching a new project in the New Administrative Capital on an area of 14 feddans with initial investments of EGP 1bn, according to Managing Director…

Shaimaa Al-Aees

Royal Gate directs EGP 150m to real estate projects in 2018

Royal Gate for Housing Development targets pumping EGP 150m worth of investments in 2018 to develop separate real estate projects in the cities of Shorouk, Madinaty, and New Cairo. The…

Shaimaa Al-Aees

Ammar for building pumps EGP 800m in Sixth of October city

Abeer Essam, chairperson of Ammar for Building, said the company began working in commercial real estate after a long period of focus only on the housing field. The company obtained…

Shaimaa Al-Aees

250m Egyptian sports fund launched by Banque Misr

The Fund will be managed by Misr Beltone

Elsayed Solyman

No reduction in prices of gas supplied to factories: Petroleum Ministry

Objectors to prices can resort to importing, say sources

Mohamed Farag

Electricity Ministry studies increasing consumer fees starting July

Increase ranges from 14-37% for all consumers, sources say

Mohamed Farag

Japan logs trade deficit after months of surpluses

Japan has said it started the year with a trade deficit as imports of fossil fuel overwhelmed the revenue from outbound shipments from the Asian nation. The negative figure came…

Deutsche Welle

Government outstanding debt rises EGP 21.65bn in January 2018 

Balance increased from EGP 676.68bn to EGP 698.33bn by end-December 2017: Ministry of Finance

Hossam Mounir