EFG Hermes considers expansion deals in Gulf markets

The company aims to manage new mergers in UAE, and IPOs in Saudi parallel market Nomu

Daily News Egypt

Egypt’s stocks likely to move sideways due to interest rates hike, Ramadan

Local investors are expected to dump shares and turn them into banking assets

Elsayed Solyman

Supply Ministry considers organising “Ahlan Ramadan” fairs throughout the year

FEDCOC plans to organise seasonal fairs to ease burden on citizens

Mohamed Ayyad

Terrorism hits Egyptians ahead of Ramadan 

Egyptian air force conducts strikes in Libya in response, Al-Sisi vows prosecuting terrorism inside and outside of the country

Daily News Egypt

Banks ignore CBE decision to raise interest, keep rates unchanged

Next increase may be on short-term vessels, interest on certificates will not be changed, say bankers

Hossam Mounir

Summer Of Love: Beatles album &. Pepper’s turns 50

The album is regarded as a pop culture milestone and the soundtrack to the hippie movement. Still steeped in musical folklore, "Sgt. Pepper's Lonely Hearts Club Band" continues to inspire…

Deutsche Welle

Cyber-insurance market bound to explode

The insurance market minimizing customers' losses in the event of a cyberattack is still tiny despite an increasing number of threats. But experts believe the situation is going to change…

Deutsche Welle

Investors beg G7 to stick with Paris climate agreement

Donald Trump has been dithering over fulfilling his campaign promise to pull out of the Paris Agreement at the G7 summit in Italy. Businesses say the US must work with…

Deutsche Welle

US first-quarter growth much stronger than expected

The American economy grew much faster than originally reported in the first quarter of 2017 due to sharp increases in business and consumer spending, the Commerce Department reported Friday.The US…

Deutsche Welle