Although there is no immediate pressure on currency to weaken, yet uncertainty over exchange rate will likely lead to fewer foreign inflows
Latest by Mohamed Samir
Egypt’s President Abdel Fattah Al-Sisi and Secretary of the Security Council of the Russian Federation, Nikolai Patrushev, agreed on Tuesday on the importance of working closely to consolidate military and security efforts between the two countries, especially with regard to fighting terrorism and extremist ideology. The meeting, attended by the Egyptian Foreign Minister, Sameh Shokry, …
Egypt, Libya’s neighbours play integral part in resolving crisis, while other countries play dirty role, preventing any resolution, says prominent diplomat
Company’s investments in R&D positioned it to benefit from strong momentum in global 5G market, says Ekholm’s
In Egypt, 5G will become reality in 2020, says VP, Head of Marketing, Communication Ericsson MEA
Davos – As the World Economic Forum (WEF) Annual Meeting 2019 is coming to end on 25 January, following a four days of intensive dialogues, between over 3,000 leaders from business, government, civil society, academia, arts and culture, and media, as well as the foremost experts and young leaders from all over the world aiming to …
Davos– Wang Qishan, Vice-President of the People’s Republic of China, reaffirmed China’s commitment to building world peace, promoting global growth and upholding the international order, in a special address at the World Economic Forum Annual Meeting, on Wednesday. Wang explained that to understand China, one must turn to the lessons of history, adding that the advances …
Prime Minister, Minister of Investment sign agreement with global asset management company to attract large investments
Davos- Japan defeated despair, went through a complete reinvigoration, and transformation, Japanese Prime Minister Shinzo Abe emphatically declared in a special address at the World Economic Forum Annual Meeting 2019 in Davos on Wednesday.
How can emerging markets realise growth, development potential of digital commerce?
Research to focus on better understanding treatments for depression, anxiety
One, two federal reserve rate hikes in 2019, expects UBS chairperson
Davos- In recent years, a certain question has been on the rise, “Is the world becoming less violent?” despite the fact that statistically the world has become less ‘deadly’, conflict and disorder are on the rise, with massive bloodshed in Afghanistan, Syria, and Yemen. What is common in today’s armed conflicts, is the fact that they …
Davos- What is Davos? It is the annual Mecca for thousands of top businesses, political and non-profit leaders, who attend the annual World Economic Forum (WEF) conference that takes place in Switzerland. Under a valiant mission of “improving the state of the world”, the global elite hold a four-day meeting in the ski resort town of …
Finance Ministry to offer international bonds in 1Q19, while Samurai, Panda bonds still under consideration
2018 was strongest year for Egyptian tourism
Majority of people in most regions believe cooperation between nations extremely rare or very important in latest global poll: WEF
Venture capital investment as the main method of funding start-ups has been on the rise, with venture capital activity in the United States reaching its highest levels in 2018. According to PwC and CB Insights, US venture capital funding registered at around $99.5bn in 2018, marking its second highest recorded total since the peak of …
EGP fair value to estimate at EGP 18 per dollar in February 2020, EGP 20 in July 2021
The statement came following media reports that Egypt will offer around $2bn worth of Samurai bonds in the coming period.
Since October 2018, Verizon started to offer 5G fixed internet wireless access in US: Thomas Olsson
‘Commercial 5G deployment in Middle East, Africa will start in 2019,’ says Ericsson’s VP
Weak FDI, reliance on hot money, inflation still challenging
Company exported 60% of production, allocated 40% to local market in 2018
Royal decree issued on Thursday to restructure government headed by King Salman
We value increasing ad revenues, but not at expense of platform users’ safety, health of conversation, says Ampen
Beltone Financial announced on Monday that they have raised their estimate of the fair share value of Ibn Sina Pharma to EGP 16.50 per share, up from EGP 13.60 per share, while decreased their estimate for Telecom Egypt (TE) fair share value to EGP 16.5 per share, down from EGP 17.5. Yet, Beltone maintained the …
PMI has invested over USD 4.5 billion in research, development and commercialization of smoke-free products
Total investment to grow10.5% in FY 2019, 9.9% in FY 2020
The announcement came during the Cairo ICT exhibition, where the company revealed that the commercial deployment of the new high-speed service started in June, and is the first 200G long distance and single carrier transmission service in Africa.