investment
China tech crackdown spooks global investors
World
July 30, 2021
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
July 29, 2021
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
July 21, 2021
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
July 19, 2021
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
July 10, 2021
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
July 9, 2021
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
June 23, 2021
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
June 22, 2021
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
June 17, 2021
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
June 16, 2021
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…