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Business
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Markets & Companies
12/12/2021 3:34:15 PM
The board of directors of Al Ezz Dekheila Steel Company, one of the Ezz Steel companies, announced on Sunday its approval to purchase Egyptian businessman Ahmed Abu Hashima’s 18 percent stake in the Egyptian Steel Company, with a total value of EGP 2.5 billion.
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World
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International
12/8/2021 6:46:45 PM
Two doses of the BioNTech and Pfizer coronavirus vaccine may not be enough to protect against the Omicron variant, the companies warned Wednesday but stressed it was "still effective" after a third jab.
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World
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International
12/8/2021 10:20:06 AM
The bustling, cosmopolitan business hub of Hong Kong may be losing its shine among foreign companies and expatriates with its stringent anti-pandemic rules requiring up to 21 days of quarantine for new arrivals.
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Business
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Economy
12/5/2021 3:36:05 PM
Egyptian American Enterprise Fund (EAEF) has invested $223.9 million since 2015 in the private sector either in companies directly or via the fund’s investment advisers, Lorax and TCV, according to the 2020 Impact Report.
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World
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International
12/2/2021 9:54:16 PM
The United States, European Union, Britain and Canada on Thursday slapped simultaneous sanctions on dozens of officials, organizations and companies in Belarus, with the EU taking aim at those accused of taking part in a ‘hybrid attack’ on the bloc using migrants.
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Egypt
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Foreign Affairs
12/2/2021 12:03:07 PM
Prime Minister Mostafa Madbouly said that Egypt is keen to cooperate further with Spanish companies in a meeting in Cairo with Spanish Prime Minister Pedro Sanchez and representatives of major Spanish companies on Wednesday, an Egyptian Cabinet statement read.
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Egypt
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Defence
12/1/2021 5:19:23 PM
Egypt’s National Authority for Military Production (NAMP) and the UAE’s Emirates Defence Companies Council (EDCC) signed on Wednesday a memorandum of understanding (MoU) to bolster cooperation in the field of defensive industries, a statement by the Egyptian Ministry of State for Military Production — which oversees the NAMP — announced.
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Egypt
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Defence
11/29/2021 12:55:17 PM
Egyptian President Abdel-Fattah El-Sisi inaugurated on Monday the second edition of the Egypt Defence Expo (EDEX 2021), which provides a platform for exhibitors to showcase cutting-edge equipment in the defence and security domains.
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Egypt
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Defence
11/27/2021 10:03:12 PM
Some 30,000 visitors and 400 exhibiting companies representing 42 countries are expected to take part in the second edition of Egypt's Defense Expo (EDEX 2021), said Egyptian Minister of State for Military Production Mohamed Ahmed Morsi.
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Al-Ahram Weekly
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Economy
11/25/2021 3:49:00 PM
Egypt’s cement companies are finding it increasingly difficult to cope with decreased production figures
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Sports
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World
11/20/2021 11:01:56 AM
Concerns about two cryptocurrency companies led to two of Europe's leading soccer clubs, Barcelona and Manchester City, dropping short-lived sponsorship agreements on Friday.
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World
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International
11/16/2021 2:29:00 PM
Drugmaker Pfizer Inc. has signed a deal with a U.N.-backed group to allow other manufacturers to make its experimental COVID-19 pill, a move that could make the treatment available to more than half of the world's population.
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Business
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Markets & Companies
11/9/2021 6:44:43 PM
Egypt plans to liquidate five state-owned companies “in the near future” after all efforts to end their losses have failed, and will announce the names in December, Minister of the Public Business Sector Hisham Tawfik revealed on Tuesday.
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Business
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Markets & Companies
11/3/2021 8:15:32 PM
US authorities on Wednesday put the Israeli maker of the Pegasus spyware on a list of restricted companies, taking aim at software central to a scandal over surveillance of journalists and officials.
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World
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International
10/29/2021 2:00:00 PM
Like many companies in trouble before it, Facebook is changing its name and logo.
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Business
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Tech
10/28/2021 2:22:07 PM
British lawmakers are set to grill Facebook and other tech giants Thursday over how they handle online safety as European efforts to regulate social media companies gain momentum.
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World
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Region
10/27/2021 4:55:02 PM
Saudi Arabia said Wednesday it has licensed 44 international companies to establish regional headquarters in Riyadh, competing with Gulf neighbours, particularly Dubai, for the position of regional business hub.
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Business
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Economy
10/25/2021 9:56:33 PM
Egyptian Prime Minister Mostafa Madbouly has called on French companies to invest in manufacturing electric vehicles and desalination projects in Egypt, the Egyptian cabinet said.
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World
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International
10/23/2021 9:30:51 PM
Apple has updated its App Store rules to allow developers to contact users directly about payments, a concession in a legal settlement with companies challenging its tightly controlled marketplace.
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Business
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Markets & Companies
10/20/2021 6:36:10 PM
Egypt is planning on listing five or six state-affiliated companies on the stock exchange in the current fiscal year under the country's recently resumed initial public offering (IPO) programme, Finance Minister Mohamed Maait said.
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