Sawiris-Beltone deal only succeeds in purchasing 9% of EFG Hermes, falling short of 20% target
54.4m shares purchased represent less than 9% of total Hermes shares
HSBC sees huge opportunity for credit card growth: Bank’s head of retail and wealth management
Three main factors affect how high or low credit card penetration can…
Mobile firm Viva Kuwait full-year profit jumps six-fold
Reuters - Viva Kuwait reported a more than six-fold rise in annual profit on…
No more cold food: Mobile app streamlines online ordering
Engezni cuts out the middleman, connecting hungry Cairenes directly to restaurants
Facebook to expand video ads to 7 countries outside US
Facebook said the performance of the initial group of video ads in…
Telecom Egypt agrees to pay EGP 2.5bn for mobile licence
Reuters - Fixed line monopoly operator Telecom Egypt’s board of directors agreed…
Mobile licence offered to Telecom Egypt for $360m: Ministry
It has been waiting to launch a new mobile operation that would…
TE expects mobile subscribers to approach 5m in the first year
The unified telecom licence is expected to be activated before 30 June
Egypt unified telecom licence to be activated before 30 June: Minister
The licence would allow telecommunication companies to operate fixed-line and mobile networks,…