29220 Articles
A PwC and Mergermarket study of 600 global senior corporate executives has found that only 61%* of buyers believe their last acquisition created value. However, acquirers who prioritise value creation from the onset of the deal outperform their industry benchmark by 14% on average, 24 months after completion. While divestors who prioritise value creation, can …
Deal marks NBK Capital Partners’ ninth transaction in regional educational companies
Company’s total portfolio hits EGP 6.bn, achieves ROAE of 30.4%, ROAA of 5%
Edita Food Industries delivered a strong 24.1% increase in 2018’s revenues to EGP 3.8 bn, in comparison with 2017, as volumes continue to grow along with improved profitability, a statement of the company said, adding that the net profit for 2018 was up by 43.3% to reach EGP 303.7m. “Edita’s strong performance for the year …
Foreign Ministry denounced Turkish president statements over Egypt’s political leadership
Ericsson and STC Solutions, a subsidiary of the Saudi Telecom Company, have signed a sales channel partnership agreement to allow STCS to resell Ericsson hardware, software, post-warranty, and training across networks, digital services, managed services, as well as emerging business and technology business units to end users – including STC subsidiaries, such as VIVA Kuwait …
Egypt’s senior officials continue their meetings with Korean firms
FM delivered Egypt’s statement before high-level segment of 40th session of Human Rights Council
As a lifelong vegetarian and a conscious designer, Stella McCartney is notorious for advocating ethical fashion. From being one of the earliest designers to ban real fur and leather, to her constant strive to embrace the latest technologies, McCartney is credited with making the fashion industry environment friendly. With that said, the designer recently decided …
It included 5-meter-long criosphinx statue
Ericsson has been selected by Etisalat to deploy a 5G radio network in UAE. The network will become operational in the first quarter (Q1) of 2019, enabling Etisalat to continue the expansion of the 5G network in the UAE, and position the Gulf state at the forefront of 5G network deployment globally. The deal is …
FM is scheduled to hold meetings with heads of international organisations during his visit to Geneva
Two leaders met during EU-Arab League summit
The Ministry of Military Production has agreed with the Recycling Kontor Dual Company (RKD) to cooperate in the field of waste management and the recycling system. The German company would propose a scheme for bilateral cooperation and development of waste recycling factories within two weeks. It came during a meeting between the Minister of Military …
Egyptian-Korean cooperation in railways, water treatment fields
The 64th edition of Cairo Fashion and Tex, the international exhibition specialised in yarn, textile, and garment, will be held from 1 to 3 March, in parallel with the 13th edition of the Cairo International Leather and Shoes (Cairo Inter leather) at the Egypt International Exhibition Center (EIEC), under the auspices of the Ministry of …
Dialogues to last for one month between members of unions, women organisations, other institutions
Visit aims to feature artistic assets, creations of young Egyptian artists
Announcement made a day after receiving remains of Egyptian ancient mummy
Increase is due to hike in cotton production in Egypt
Egypt dispatch 20 officials from three ministries to Japan
We participate in all important events supporting state plans for sustainable development: Fayed
Etisalat and Huawei announced on Monday during the Mobile World Congress a strategic partnership to deploy end-to-end 5G network in UAE in 2019. This partnership is in line with Etisalat’s continuous efforts to enhance its digital experience and provide innovative solutions and services to its customers with the utilisation of its 5G network. Etisalat will …
The Saudi Telecom Company (STC) and Ericsson announced that they are launching a mid-band 5G network in Saudi Arabia during the Mobile World Congress 2019 in Barcelona. The STC is deploying a 5G network using Ericsson commercial hardware and solutions, including radio access network (RAN), packet core, transport, and Ericsson Network Manager. This network modernisation …
Ericsson announced the signing of two new contracts with Etisalat Misr to expand the latter’s 4G network capabilities and extend the Managed Services deal. These contracts are part of Etisalat and Ericsson’s strategic partnership to ensure the best network availability in Egypt. The first agreement entails expansion of current 4G capabilities, advanced features deployment all …
Britain supposed to leave EU on 29 March
Saudi monarch criticises Iran for supporting regional militias
American-Egyptian actor Rami Malek scooped best actor award
Born to Egyptian parents, American rising star Rami Malek (@ItsRamiMalek) has been a hot topic on Twitter during this award season. And the Oscars season has been no different. There have been 1.6 million Tweets about Malek worldwide since the movie came out in November 2018. Here is how the conversation around the Oscars and …
Festival provides platform for eight international troupes along with nine others from Egypt
