Oscar winning musician Andre Previn dies at 89
The Berlin-born pianist, composer and conductor won four Oscars for his musical work on films and conducted all of Europe's great orchestras. He has died in New York at the…
Ericsson to Launch in Egypt a Digital Services Hub serving MEA
Ericsson (NASDAQ: ERIC) has announced the launch of a new digital services nearshore hub in Egypt to serve Egypt and the Middle East and Africa (MEA) region. Ericsson will add…
Mobily deploys Ericsson full stack Telecom Cloud
Mobily Saudi Arabia has deployed Ericsson’s (NASDAQ: ERIC) full stack telecom cloud solution, focusing on transforming the wireless network and providing a 5G CloudCore. The telco will gain a flexible,…
MTN and Ericsson extend Mobile Money partnership in Africa, Middle East
MTN and Ericsson sign five-year contract extension to provide Managed Services for Mobile Money services and deploy new products and services in 13 countries across Africa and the Middle East.
Bundesliga: Bayern Munich pursue title charge against bogey team Gladbach
Bayern Munich's future remains a hot topic, but their focus at present is staying hot on the heels of league leaders Dortmund. A top-four clash with bogey team Gladbach offers…
Only 61% of companies believe their last acquisitions create value: study
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…
Egypt on right track toward renewable energy, yet it needs to exert more effort: experts
With a plan to be a regional energy hub, Egypt is building a hydroelectricity power plant, a nuclear power plant, a wind farm, and solar power plants, aiming to increase…
Kaumeya Language School acquires leading private school in Alexandria
Deal marks NBK Capital Partners’ ninth transaction in regional educational companies
Sarwa Capital’s net income rises by 51% to EGP 283m in 2018
Company’s total portfolio hits EGP 6.bn, achieves ROAE of 30.4%, ROAA of 5%
Edita’s revenues hike by 24.1% in 2018
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…