MG Developments to hire advisers as it mulls IPO by end-2019

Company plans to raise its capital to finance further expansion through stock market

Daily News Egypt

Egypt shares to resume rally as corrections finally end

EGX30 extends falls amid sell-off streak in weak trading volume

Daily News Egypt

AlexBank signs EGP 50m protocol with Sawiris Foundation

The Bank of Alexandria (AlexBank) signed a protocol with Sawiris Foundation for Social Development (SFSD) worth EGP 50m for supporting underprivileged children, to be contributed to equally by both entities.…

Hossam Mounir

Egypt’s microfinance portfolio reaches EGP 13bn by end-Q1 2018: EMF

Banks total active microfinance portfolio at EGP 4.5 bn, 312,000 active customer, according to EMF

Nehal Samir

MoU between CAEU, British prime minister to digitally support Arab economy

The Council of Arab Economic Unity (CAEU) signed a memorandum of understanding (MoU) with the Governmental Digital Service affiliated with the British prime minister, within the framework of the council’s…

Daily News Egypt

Boosting Egyptian-Australian relations depends on expected presidential visit

Al-Sisi invited to Australia by prime minister, says Egypt Australia Business Council

Hagar Omran

Saudi women’s rights activist Madeha Alajroush: ‘Finally, I am celebrating’

Saudi Arabia has detained several rights activists without explanation as the kingdom is set to allow women to drive. Before her unexpected detention, one longtime activist spoke with DW's Fanny…

Deutsche Welle

Colombia to become a member of the OECD international economic organization

Colombia is set to be the third Latin American country in the Paris-based economic group. President Juan Manuel Santos praised the membership as key to the country's efforts to modernize.The…

Deutsche Welle

Chris Froome produces ‘something crazy’ to take Giro d’Italia lead

A stunning solo attack up a grueling climb has put Chris Froom in the frame to win a third consecutive Grand Tour event. The British cyclist said his performance in…

Deutsche Welle