EFG Hermes to invest $21.5m in Frontier Investment Management Partners Ltd
The transaction will foster EFG Hermes’ position as the region’s biggest asset manager
Shoukry asserts Egypt’s support for UN envoy initiative towards solution in Yemen
The UN envoy earlier proposed a plan to involve neutral parties to solve the Yemeni conflict
Electricity Ministry ready to contract with investors to purchase electricity produced from waste recycling projects: minister
The Ministry of Electricity has been able to secure electric feed to all citizens, despite the high temperature. It is now working to improve the service and link all consumers…
Remittances from expatriate Egyptians rose 11.1% in May
The remittances stood at $1.7 billion against $1.5 billion a year earlier
Government maintains wiping out Al-Warraq infringements: Al-Haras
Al-Warraq MP asserts meetings between residents and officials to take place
IFC invests $26.2m in funding startups across region
The International Finance Corporation (IFC), which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily investing in a number of startups across the MENA…
GCC states top Arab countries in 2016 FDI inflows
Gulf Cooperation Council states led the Arab world in terms of foreign direct investment (FDI) inflows during 2016, as stated by a report issued by Dhaman, the Kuwait-based Arab Investment…
Egyptian National Railways plans to develop the facility in 30 months at a cost of EGP 45bn
General Electric’s contract will be activated after being officially signed in August: Shousha
Electricity Ministry reveals reasons for power outages
Stopping of production units, distribution problems are amongst the reasons for the sudden disruptions
