Masress

Homzmart, the Middle East's online shopping for furniture and home goods, has recently got a Pre-Series B investment of $23 million recently...

Swiss National Bank (SNB) has taken a hit of CHF95.2 billion ($100 billion) for the first half of this year, mainly owing to losses CHF97.4...

U.S. economy shrunk for the second straight quarter from April to June, as the Gross Domestic Product (GDP) fell 0.9 percent at an annualize...

The Alamein Art Festival has kicked off on Thursday by Art D'Egypte, which a private firm known for organising high-profile art events in th...

Misr Emirates Life Takaful – SALAMA, part of UAE's Islamic Arab insurance Companies, plans to increase its paid-up capital to 150 million Eg...

The Russian embassy in Cairo announced on Wednesday the delivery of a trial experimental shipment tests to Egypt conducted by Moscow to disc...

Egypt, the world's biggest importer of wheat, bought 660,000 tons of French, Romanian, Russian, and for the first time German wheat, Supply...

Egypt's state grains buyer GASC has canceled contracts to buy 240,000 tons of Ukrainian wheat that it had booked earlier this year, two peop...

Egypt is planning to offer shares in 10 state companies on the stock exchange before the end of the current year, Finance Minister Mohamed M...

Egypt is hosting on Wednesday the representatives of 42 African countries at the General Assembly and the Board of Directors' committee meet...

Saudi Arabia's Crown Prince Mohammed bin Salman is planning the Initial Public Offering (IPO) of the Kingdom's SAR 1,878 trillion ($500 bill...

The International Monetary Fund (IMF) has on Tuesday downgraded its global real GDP growth outlook for the second time since the outbreak of...

The U.S. Food and Drug Administration (FDA) has approved on Monday Opzelura (ruxolitinib) cream 1.5 percent as the topical treatment of nons...

Commercial International Bank (CIB), one of Egypt's largest private banks, reported on Monday a net profit worth 7.773 billion Egyptian poun...

Ahli United Bank Egypt (AUBE) announced on Thursday it had introduced a new digital service, the "e- Account".The new service offers client...

Swvl Holdings Corp., the Cairo-born, Dubai-based mass transit and shared mobility services provider, will have to postpone its plans for dua...

President Abdel Fattah al-Sisi said Egypt is interested in joining the BRICS group along with Saudi Arabia and Turkey, and the position is t...

The European Central Bank (ECB) has raised on Thursday by half a percentage point, the first increase in more than a decade and a bigger-tha...

Schneider Electric has been awarded five recognitions at the Greek Energy Mastering Awards, including Energy Efficient Solution of the Year....

European Central Bank (ECB) policymakers are considering raising interest rates by a bigger-than-expected 50 basis points to tame record-hig...

Egyptian Prime Minister Moustafa Madbouly asked on Monday the Minister of Tourism and Antiquities Khaled El-Anany to set laws permitting pho...

UK's Johnson Matthey (JM) a global sustainable technologies company, announced on Monday that it is building an £80 million ($96,225m) gigaf...

Geneva's ACME group, Norwegian's Scatec ASA, and Yara International ASA have signed on Friday a term sheet for offtake from the first phase...

Egypt's Administrative Capital for Urban Development (ACUD) is preparing to launch an international tender to structure photovoltaic solar c...

Bahrain-based Arab Financial Services Company (AFS) announced on Tuesday its plans to expand its electronic payments business in the Egyptia...