investment

China tech crackdown spooks global investors
World

China tech crackdown spooks global investors

Beijing’s widening clampdown on big technology firms sparked a major sell-off in their shares this week. The Nasdaq Golden Dragon…
Robinhood makes its $32 billion debut on Wall Street
World

Robinhood makes its $32 billion debut on Wall Street

NEW YORK (AP) — Robinhood’s stock will begin trading Thursday on Wall Street, the very place the online brokerage has…
EJB announces African Junior Business Initiative at IPAs Africa Forum
Egypt

EJB announces African Junior Business Initiative at IPAs Africa Forum

During the African investment promotion agencies (IPAs) Forum, the Egyptian Junior Business Association (EJB) announced its African Junior Business Initiative.…
We aim to invest over US$1 billion in Egypt’s development projects: AFC President and CEO   
Features/Interviews

We aim to invest over US$1 billion in Egypt’s development projects: AFC President and CEO   

Egypt has recently been gearing up efforts to push forward with economic prosperity through large strategic partnerships with the private…
Egyptian economy exceeds international expectations, report
Business

Egyptian economy exceeds international expectations, report

The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
Egypt invests $7.5 bln in largest petrochemical project in Africa
Egypt

Egypt invests $7.5 bln in largest petrochemical project in Africa

President Abdel Fattah al-Sisi was briefed in a meeting on the details of a national project to be established in…
Oman introduces long-term residencies for foreign investors
Middle East

Oman introduces long-term residencies for foreign investors

June 23 (Reuters) – Oman will start granting long-term residence visas to foreign investors, state media said on Wednesday, as…
Dubai investment arm posts $5.1 billion loss amid pandemic
Middle East

Dubai investment arm posts $5.1 billion loss amid pandemic

DUBAI, United Arab Emirates (AP) — Dubai’s state-owned sovereign wealth fund announced Tuesday a net loss of $5.1 billion over…
Saudi Arabia is 2nd largest investor in Egypt: minister
Business

Saudi Arabia is 2nd largest investor in Egypt: minister

The Egyptian Minister of Trade and Industry, Nevine Gamea, affirmed that Saudi Arabia is the second largest investor in Egypt,…
Orascom to generate LE200 million in pyramids area development for sound and light shows
Archaeology

Orascom to generate LE200 million in pyramids area development for sound and light shows

Misr for Sound and Light, a holding company for tourism affiliated with the Ministry of Public Business, and Orascom Investment…
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