Draghi flags QE boost amid weak inflation
ECB chief Mario Draghi has warned that signs of a return to healthy inflation levels are fading, announcing the central bank will re-examine the scale of its asset purchases to…
Ghanaians respond to EU migrant fund with caution
The European Union believes dedicating millions of euros to African governments can help ease the migration crisis. Ghanaians don't totally agree. After two days of negotiations and deliberations, European Union…
Iraqi Kurdish forces take key highway connecting IS strongholds in Syria, Iraq
Kurdish forces in Iraq have gained control of parts of the main highway connecting two "Islamic State" strongholds in Iraq and Syria. Backed by US airstrikes, the operation aims to…
Climate change could pummel stocks: study
Environmentalists aren't the only ones fretting over climate change. A new study has calculated the risk to financial markets if temperatures are allowed to rise uninhibited. Inaction, it said, would…
Rabobank raids rural Romania
A small and poor village in Romania has become the focus of a story involving land grabbing by foreign-owned multinationals and mafia-style corruption. Luke Dale-Harris investigates. On the unpaved streets…
Top Spanish literature award for Mexican Fernando del Paso
The Cervantes Prize is the most important literary honor of the Spanish-speaking world. This year, the accolade goes to a multi-talented monument of Mexican culture, Fernando del Paso. The 80-year…
EAEF to increase investment in Egypt to $1bn over 3 years
The Egyptian-American Enterprise Fund (EAEF) targets increasing its investments in the Egyptian market to $1bn, according to the fund's board member Hani Sarie-Eldin. The fund recently acquired a 20% stake…
Careem acquires funding worth $60m
Abraaj Group is a lead investor in the new deal for the application-based car service provider
Amer Group’s net profits in 9 months decline to EGP 111m
Splitting up the group, paying back securitisation deal main/temporary reasons behind decline in profits, says Investor Relations Manager
Mubasher obtains EFSA’s approval to run financial funds
Mubasher Financial Services (MFS) has obtained preliminary approvals from the Egyptian Financial Supervisory Authority (EFSA) to run investment funds.
