Tag: Investment

Al-Sisi discusses economic cooperation with Singapore

Egypt’s President Abdel Fattah Al-Sisi met on Monday with his Singaporean counterpart,…

Doaa Farid

Elsaeed Contracting’s H1 net profit jumps 122.9%

Company’s gross profits recorded EGP 125m in same period

Daily News Egypt

Government issues decree to establish General Authority of Economic Zone of Suez Canal

The authority will own state-owned lands and establishments in the zone. According…

Doaa Farid

Messaging app Kik secures funding from Tencent

Canada-based Kik Interactive has said it's secured tens of billions of dollars…

Deutsche Welle

Suez Canal extension will take time to affect positive credit: Moody’s

Canal expansion is part of wider project to turn surrounding area into…

Doaa Farid

Google announces significant restructuring

Google, Inc. is creating a new parent company called Alphabet to be…

Deutsche Welle

Suez Canal makes Egypt ‘economic tiger’ on international shipping lines: Maritime workers

The canal will be a lifeline for Egypt’s economy that not only…

Abdel Razek Al-Shuwekhi

Munich Re ups profit guidance on healthy quarter

Germany's Munich Re has reported a marked rise in second-quarter profit. The…

Deutsche Welle

Uber plans massive investment in India

App-based car service Uber aims to pour a huge amount of money…

Deutsche Welle