EFG Hermes agreed to buy a stake in FIM Partners in 2017
The transaction will be structured as a capital increase that will raise the paid-in capital of the bank to EGP5bn
Oil has managed to break out from a tight range near $60 a barrel and resume its upward momentum
The discovery of a 3,000-year-old city may just be the impetus required for Egypt’s tourism
Eid Al Fitr, which marks the end of the holy month of Ramadan, was celebrated across the world in a subdued manner due to the Covid-19 pandemic
The US dispatched an envoy to the region and Egypt and Qatar sought to help broker a truce
The latest bout of fighting appeared to be the most serious escalation since a 2014 war in Gaza
The three-month long programme will commence in mid-July 2021 and is for ‘Seed to Series’ startups in the region
Cargo flights will continue to operate between the two countries
Etihad accepted a 79 per cent haircut on $72.3m of debt owed by Air Seychelles Ltd
Biodiversity and climate change are deeply connected by the simple fact that our economy relies on natural capital
The global oil market recovery is being driven by China and the US, with positive signs emerging from parts of Europe
Kakish will continue to be based in Dubai and report to the executive chairman
The Abu Dhabi fund would make the acquisition through its energy arm
The incident was the third railway incident in Egypt in a month
Dr. Al Jaber said the UAE is well placed to capitalise on the potential of Hydrogen as a zero-carbon fuel
The Emirates Lunar Mission is one of the initiatives under the Mars 2117 Programme, which aims to build a human colony on Mars
Coalition forces in the kingdom destroyed five ballistic missiles and four armed drones launched from Yemen in the latest attacks
As of April 12, more than 6.8 million doses of the vaccine have been administered
They include two cities in Egypt and one in Europe
Futures in New York traded near $59 a barrel after dropping 3.5 per cent last week
The Houthis have stepped up missile and drone strikes against Saudi Arabia in recent months
No major injuries were reported
Technology companies have already raised $20bn in US IPOs this year
Food waste and loss are responsible for as much as 10 per cent of global emissions
Netanyahu will have up to six weeks to try to cobble together a coalition
Phones constituted 8.2 per cent of LG sales last year
The government will decide in a week if the capital and nearby areas can shift to a looser lockdown so more businesses can reopen
A royal family member and a former minister are among those who have been arrested
Data from the US and Asia do bolster the case for OPEC+ to loosen the taps