English

VW Seeks Unprecedented Plant Closings as Auto Crisis Deepens

Monday, 28 October 2024 07:42 PM

Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its tailspin.

Boeing Launches $19 Billion Share Sale to Thwart Downgrade

Monday, 28 October 2024 06:14 PM

Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public company, to address the troubled planemaker’s liquidity needs and stave off a potential credit rating downgrade

Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour

Monday, 28 October 2024 05:29 PM

Lulu Retail Holdings Plc had demand for all shares in its 5.27 billion dirhams ($1.43 billion) initial public offering an hour after books opened on the deal.

Madinet Masr Achieves a Significant Leap in Sales, Recording the Highest Total Value of EGP 36.7 billion by Q3 2024

Monday, 28 October 2024 04:22 PM

Madinet Masr, one of Egypt's leading real estate developers, reported a strong performance during the first nine months of 2024

Israel Boasts Strategic Gains From Attack on Iran, But Quietly

Sunday, 27 October 2024 09:06 PM

After sending more than 100 fighter planes to attack Iran, the Israeli government is seeking to walk a fine line: Officials there believe the attack did significant strategic damage but want to allow

RSF Militia Attacks in Sudan Kill Over 120, Rights Group Says

Sunday, 27 October 2024 08:26 PM

More than 120 people were killed by militiamen belonging to the Rapid Support Forces in Sudan, a rights group said, as the United Nations decried indiscriminate shootings of civilians and acts of sexu

India Beefs up Defense Production With Airbus Plant in Gujarat

Sunday, 27 October 2024 06:12 PM

India will open its first private military aircraft manufacturing facility on Monday as the South Asian nation ramps up its local defense production to cut reliance on imports.

China Industrial Profits Extend Drop as Deflation Takes Tol

Sunday, 27 October 2024 05:02 PM

Profits at China’s industrial firms in September declined at a faster pace than a month earlier, as deflationary pressures sap the strength of corporate finances.

China Warns US It Will Respond to Latest Taiwan Weapons Sales

Sunday, 27 October 2024 04:55 PM

China said it filed a diplomatic complaint with the US and reserved the right to retaliate after the latest American weapons sales to Taiwan, escalating tensions in their dispute over the archipelago.

Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

Saturday, 26 October 2024 06:13 PM

Morocco aims to loosen the kingdom’s exchange rate regime in 2026, returning to a gradual reform process that was halted during the pandemic, the central bank governor said in an interview.

Senegal to Revise IMF Program After Audit Shows Higher Deficit

Saturday, 26 October 2024 04:55 PM

Senegal’s program with the International Monetary Fund needs to be reworked after an audit showed higher debt and budget deficit than previously reported.

Elon Musk’s Wealth Soars $34 Billion as Tesla Comes Roaring Back

Friday, 25 October 2024 05:39 PM

Elon Musk added $33.5 billion to his net worth Thursday as Tesla Inc. shares posted their biggest gain in more than a decade, extending the world’s richest man’s lead atop the Bloomberg Billionaires I

US, Israel Say Gaza Cease-Fire Negotiators to Meet Next Week

Thursday, 24 October 2024 09:33 PM

The US is exploring different options to restart stalled talks between the warring parties and secure the release of hostages held by the Palestinian militant group, Secretary of State Antony Blinken

Strategic Partnership to Drive Investment in Iraq’s Emerging Sectors

Thursday, 24 October 2024 07:03 PM

A major new agreement was announced in Baghdad, as the Iraq Development Fund and ELSEWEDY ELECTRIC (EE) signed a memorandum of understanding to launch the "Localization Fund."

Madinet Masr Signs Partnership Agreement to Develop a Fully Integrated Residential Project in New Heliopolis with Zahraa Maadi Investment and Development Company.

Thursday, 24 October 2024 06:53 PM

Madinet Masr, one of the leading real estate development companies in Egypt, announced the signing of a contract to develop a 42-feddan plot of land in New Heliopolis in partnership with Zahraa Maadi

Russia pushes for BRICS clearing, depository system to sidestep the West

Thursday, 24 October 2024 06:36 PM

Russia has set out proposals for a unified depository and clearance system for BRICS countries, as it seeks to persuade member nations to deepen financial cooperation without the involvement of the We

Living Yards Developments Launches "Solay": A Unique Residential Community in New Cairo

Wednesday, 23 October 2024 08:29 PM

Living Yards Developments has officially launched its latest project, Solay, a premium residential community spanning 31 acres in New Cairo.

September home sales in the US drop to lowest level since 2010

Wednesday, 23 October 2024 07:09 PM

Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the Nation

Turkey Says State Defense Firm Targeted in Deadly Terror Attack

Wednesday, 23 October 2024 07:00 PM

Facilities of Turkish state-run defense firm TAI, also known as TUSAS, were targeted in a “terror attack” that claimed an unspecified number of lives, a government official said.

BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

Wednesday, 23 October 2024 06:43 PM

The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point.

MG Developments recently organized a field visit for its employees to Baheya Hospital.

Wednesday, 23 October 2024 06:04 PM

MG Developments has organized a field visit for employees from various departments to Baheya Hospital in Sheikh Zayed City

Zoho Records 33% Revenue Growth in Egypt and Allocates $35 Million in a joint partnership with Fawry to Digitally Empower Businesses in Egypt

Wednesday, 23 October 2024 04:22 PM

Zoho Corp., a leading global technology company, announced a remarkable 33% revenue growth and a 110% increase in its channel partners in Egypt since 2023, highlighting the significant adoption of its

Yellen Says US Aims to Contribute $20 Billion for Ukraine Loan

Tuesday, 22 October 2024 09:16 PM

Treasury Secretary Janet Yellen said Tuesday that the US is nearly ready to offer $20 billion toward a broad Group of Seven-led loan program to help Ukraine.

Kenyan Court Upholds Ruto’s Tax to Fund Affordable Housing

Tuesday, 22 October 2024 06:54 PM

Kenya’s High Court upheld the validity of a tax measure that President William Ruto is using to raise funding for affordable housing, boosting his attempts to steady the nation’s finances.

IMF Lowers Global Growth Forecast, Warns of Increasing Risks

Tuesday, 22 October 2024 06:02 PM

The International Monetary Fund lowered its global growth forecast for next year and warned of accelerating risks from wars to trade protectionism, even as it credited central banks for taming inflati

" Beltone Leasing and Factoring Concludes its First EGP 1.33 Billion Securitization Issuance"‏

Tuesday, 22 October 2024 04:55 PM

Beltone Holding ("Beltone") announces that its wholly owned subsidiary, Beltone Leasing and Factoring, has successfully completed its first securitization issuance, raising EGP 1.33 billion.

Top Grocer LuLu’s Listing Set to Extend Middle East IPO Boom

Monday, 21 October 2024 08:44 PM

LuLu Retail Holdings Plc, which operates one of the Middle East’s largest hypermarket chains, unveiled plans to list in Abu Dhabi in what could be among the region’s biggest initial public offerings o

Hungary Aims to Quadruple Tax on Airbnb-Style Rentals in Capital

Monday, 21 October 2024 08:32 PM

Hungary plans to almost quadruple a tax on short-term rentals and to suspend new licenses for Airbnb Inc.-style apartments as Prime Minister Viktor Orban’s government moves to tackle a deepening housi

More than 300 regional experts gather in Cairo for Boehringer Ingelheim’s Forums to discuss latest advances in cardio-renal-metabolic care

Monday, 21 October 2024 08:18 PM

Boehringer Ingelheim, a leading research-driven biopharmaceutical company, hosted a dedicated event aimed at improving outcomes for patients living with cardiovascular, renal, and metabolic (CRM) dise

Cairo Festival City's Business District Welcomes Huawei New Headquarters

Monday, 21 October 2024 05:44 PM

Cairo Festival City, owned and operated by Al-Futtaim Real Estate, is proud to announce the inauguration of Huawei’s new office, the global leader in ICT infrastructure and smart devices, within the c

English

VW Seeks Unprecedented Plant Closings as Auto Crisis Deepens

Boeing Launches $19 Billion Share Sale to Thwart Downgrade

Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour

Madinet Masr Achieves a Significant Leap in Sales, Recording the Highest Total Value of EGP 36.7 billion by Q3 2024

Israel Boasts Strategic Gains From Attack on Iran, But Quietly

RSF Militia Attacks in Sudan Kill Over 120, Rights Group Says

India Beefs up Defense Production With Airbus Plant in Gujarat

China Industrial Profits Extend Drop as Deflation Takes Tol

China Warns US It Will Respond to Latest Taiwan Weapons Sales

Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

Senegal to Revise IMF Program After Audit Shows Higher Deficit

Elon Musk’s Wealth Soars $34 Billion as Tesla Comes Roaring Back

US, Israel Say Gaza Cease-Fire Negotiators to Meet Next Week

Strategic Partnership to Drive Investment in Iraq’s Emerging Sectors

Madinet Masr Signs Partnership Agreement to Develop a Fully Integrated Residential Project in New Heliopolis with Zahraa Maadi Investment and Development Company.

Russia pushes for BRICS clearing, depository system to sidestep the West

Living Yards Developments Launches "Solay": A Unique Residential Community in New Cairo

September home sales in the US drop to lowest level since 2010

Turkey Says State Defense Firm Targeted in Deadly Terror Attack

BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

MG Developments recently organized a field visit for its employees to Baheya Hospital.

Zoho Records 33% Revenue Growth in Egypt and Allocates $35 Million in a joint partnership with Fawry to Digitally Empower Businesses in Egypt

Yellen Says US Aims to Contribute $20 Billion for Ukraine Loan

Kenyan Court Upholds Ruto’s Tax to Fund Affordable Housing

IMF Lowers Global Growth Forecast, Warns of Increasing Risks

" Beltone Leasing and Factoring Concludes its First EGP 1.33 Billion Securitization Issuance"‏

Top Grocer LuLu’s Listing Set to Extend Middle East IPO Boom

Hungary Aims to Quadruple Tax on Airbnb-Style Rentals in Capital

More than 300 regional experts gather in Cairo for Boehringer Ingelheim’s Forums to discuss latest advances in cardio-renal-metabolic care

Cairo Festival City's Business District Welcomes Huawei New Headquarters

Green

وزير الإسكان يتفقد مشروع سوديك “The Estates” بمدينة زايد الجديدة

اتش سي: نتوقع أن يثبت البنك المركزي المصري سعر الفائدة في اجتماعه المقبل

وزير الدفاع والإنتاج الحربى يتفقد إحدى القواعد الجوية ويلتقى عدد من مقاتلى القوات الجوية

القوات البحرية توقع عقد إتفاق مع إدارة الهيدروجرافيا البحرية الفرنسية

90 مليار دولار استثمارات فى مشروعات الطاقة المتجددة حتى 2030

محللون يتوقعون تثبيت أسعار الفائدة خلال اجتماع المركزي المقبل

الأكثر قراءة

محافظ البنك المركزي يشارك في الاجتماع السنوي عالي المستوي لصندوق النقد العربي

حجم انفاق العالم على احتفالات عيد الميلاد و رأس السنة

نجاح كبير لماراثون "TMG CRIT LEAGUE" لسكان مشروعات طلعت مصطفى

محللون يتوقعون تثبيت أسعار الفائدة خلال اجتماع المركزي المقبل

إكسبو الشارقة يسجل أرقاماً قياسية بتنظيم 80 معرضاً واستقطاب 3 ملايين زائر خلال عام 2024

اتش سي: نتوقع أن يثبت البنك المركزي المصري سعر الفائدة في اجتماعه المقبل

حوارات

وزير الإسكان يتفقد مشروع سوديك “The Estates” بمدينة زايد الجديدة

اتش سي: نتوقع أن يثبت البنك المركزي المصري سعر الفائدة في اجتماعه المقبل

وزير الدفاع والإنتاج الحربى يتفقد إحدى القواعد الجوية ويلتقى عدد من مقاتلى القوات الجوية

القوات البحرية توقع عقد إتفاق مع إدارة الهيدروجرافيا البحرية الفرنسية

90 مليار دولار استثمارات فى مشروعات الطاقة المتجددة حتى 2030

محللون يتوقعون تثبيت أسعار الفائدة خلال اجتماع المركزي المقبل

تسويق و مزادات

وزير الإسكان يتفقد مشروع سوديك “The Estates” بمدينة زايد الجديدة

اتش سي: نتوقع أن يثبت البنك المركزي المصري سعر الفائدة في اجتماعه المقبل

وزير الدفاع والإنتاج الحربى يتفقد إحدى القواعد الجوية ويلتقى عدد من مقاتلى القوات الجوية

القوات البحرية توقع عقد إتفاق مع إدارة الهيدروجرافيا البحرية الفرنسية

90 مليار دولار استثمارات فى مشروعات الطاقة المتجددة حتى 2030

محللون يتوقعون تثبيت أسعار الفائدة خلال اجتماع المركزي المقبل

أصول TV

وزير الإسكان يتفقد مشروع سوديك “The Estates” بمدينة زايد الجديدة

اتش سي: نتوقع أن يثبت البنك المركزي المصري سعر الفائدة في اجتماعه المقبل

وزير الدفاع والإنتاج الحربى يتفقد إحدى القواعد الجوية ويلتقى عدد من مقاتلى القوات الجوية

القوات البحرية توقع عقد إتفاق مع إدارة الهيدروجرافيا البحرية الفرنسية

90 مليار دولار استثمارات فى مشروعات الطاقة المتجددة حتى 2030

محللون يتوقعون تثبيت أسعار الفائدة خلال اجتماع المركزي المقبل