• Tuesday, 9 November 2021

    Al Jazeera teases its comeback in Egypt

    Is Al Jazeera making a comeback? Billboards advertising Qatari news organization Al Jazeera’s new app were pictured atop the Sixth of October Bridge yesterday, Al Masry Al Youm reports. Pictures circulating online show two large ads reading “Discover the new...
  • Tuesday, 2 November 2021

    Have no fear, super Apple is here + Nvidia wants in on metaverse plans + Working less could save the planet

    Get used to hearing a lot more Matrix…sorry…metaverse talk: Facebook’s Matrix, sorry, Meta’s big venture in the “embodied internet” is spurring other companies to follow suit. Now the world’s largest chipmaker, Nvidia, is also staking its claim on virtual territory:...
  • Monday, 1 November 2021

    Inflation in emerging-markets smashes expectations

    Inflationary pressures are building in emerging markets: Inflation in emerging markets has surpassed expectations by the most since 2008 as the effects of rising commodity prices and covid stimulus measures continue to be felt, according to Bloomberg.And investors are repaying...
  • Thursday, 14 October 2021

    Efreshli raises USD 550k seed round from angel investor Tarek Sakr, Marakez

    Egyptian online interior design firm Efreshli has raised a USD 550k seed round led by angel investor Tarek Sakr and property developer Marakez, founder and CEO Heba El Gabaly tells Enterprise. The startup aims to offer a new and accessible...
  • Monday, 11 October 2021

    UAE market regulator gets female chief executive + ACWA Power shares make Tadawul debut this morning

    UAE gets first woman market regulator: Maryam Butti Al Suwaidi was appointed chief executive of the UAE’s market regulator — the Securities and Commodities Authority — in what is a significant step for the representation of women in finance in...
  • Wednesday, 6 October 2021

    Jobs and business confidence are up, but the the PMI is at a four-month low

    Private sector activity hits four-month low: Business activity in Egypt’s non-oil private sector continued to contract for the tenth consecutive month in September, reaching a low not seen since May, according to the IHS Markit’s Purchasing Managers’ Index (pdf). The...
  • Tuesday, 28 September 2021

    Egypt participates in regional military drills

    Egyptian special forces joined Saudi Arabia, the UAE and Greece in a joint military exercise, dubbed “Hercules 21” in Greece yesterday, the Armed Forces said in a statement yesterday.
  • Monday, 27 September 2021

    Tunisian protests call on president to resign after power grab

    “Step down” was the message to Tunisian President Kais Saied from several thousand protesters in the Tunisian capital yesterday, who took to the streets to object to his decision last week to overrule parts of the constitution and rule by...
  • Monday, 27 September 2021

    Dubai’s Amanat to invest EGP 4.3 bn in Egypt, Saudi Arabia + UAE

    Amanat is on the lookout for Egyptian education, healthcare firms: Dubai-listed education and healthcare investment firm Amanat could invest around AED 1 bn (EGP 4.3 bn) to acquire controlling shares in Egyptian, Saudi, and Emirati firms, the company’s CEO told...

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