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19 October 04:44 AM

A committee has been formed to study investment opportunities in these countries
Talaat Moustafa Group considers expansion in Saudi Arabia, Iraq

Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) is planning to expand in Saudi Arabia and Iraq, CEO and Managing Director Hisham Talaat Mostafa said.  The CEO pointed out that there is a great opportunity for major real estate …
The segment brings the total length of the 2Africa cable system to over 45,000 km
2Africa consortium extends subsea cable system to Arabian Gulf, India, Pakistan
Pfizer begins study for novel COVID-19 oral antiviral drug
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami
The substations have a capacity to power about 1.3 million households.
Elsewedy Electric, Toyota Tsusho complete four GIS substations in Iraq
The Egyptian market accounts for 10-15% of Mrsool's total operations
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange
Iraq Arab Global Commodities
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A committee has been formed to study investment opportunities in these countries
Talaat Moustafa Group considers expansion in Saudi Arabia, Iraq Real estate
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OPEC+ likely to keep output rise plans for November Global Reports
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The segment brings the total length of the 2Africa cable system to over 45,000 km
2Africa consortium extends subsea cable system to Arabian Gulf, India, Pakistan Companies Investments
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Pfizer begins study for novel COVID-19 oral antiviral drug Global Reports
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Business software company Freshworks valued at $1.13bn Global Reports
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SoftBank leads investment into $4bn French football startup Global Economy
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Shell sells Permian assets to ConocoPhillip for $9.5m Global Reports
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US to ease restrictions for vaccinated travellers from 33 countries Global Reports
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Pfizer COVID-19 vaccine is safe for 5-11 years old kids Global Reports
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Carousell aims to grow business, considers IPO Global Reports
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Mubasher Exclusive
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami Global Economy
The Egyptian market accounts for 10-15% of Mrsool's total operations
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange Global Economy
The Hajj season this year will witness a digitised journey from start to finish
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Ahmed El-Alfi, Chairman of Sawari Ventures
Startup Lounge: Tech offers great opportunities for success – Interview with Ahmed El-Alfi Macroeconomics
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Roberto Croci, Microsoft for Startups MEA’s Managing Director
Startup Lounge: Pandemic enabled tech solutions for business continuity - Roberto Croci Global Economy
Plastic waste often impact marine life, ecosystems, and food chains
Egypt could soon ban single-use plastics amid COVID-19 Law
Noor Sweid, Founder and General Partner, Global Ventures
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Egypt's Minister of International Cooperation, Rania El-Mashat
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UN in 2015 led its member states to adopt the 2030 Agenda for Sustainable Development
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Islamic Finance
The Sukuk offering is subject to the approval of the competent authority.
Al Kathiri Holding intends to issue SAR 500m Sharia-compliant Sukuk Sukuk and Islamic Finance
DIB has hired the banks to arrange the deal
DIB plans to sell US dollar senior Sukuk Banking and Finance
Minister of Finance, Mohamed Maait
Egypt to issue first batch of sovereign Sukuk in H2-FY21/22 Sukuk and Islamic Finance
President Abdel Fattah El-Sisi
El-Sisi ratifies Sovereign Sukuk Law Law
The Murabaha loan has an eight-year duration
Alujain secures SAR 1bn Murabaha facility from Alinma Bank Sukuk and Islamic Finance
Banque Misr will contribute EGP 650 million to the loan
Banque Misr, BM Lease ink EGP 700m Musharaka deal Sukuk and Islamic Finance
This brings Contact's total Sukuk issuances to EGP 5 billion
Contact Financial Holding closes second Sukuk issuance worth EGP 2.5bn Sukuk and Islamic Finance
The settlement of the Sukuk will take place on 28 July
Arabian Centers raises $225m from USD-denominated Sukuk issue Sukuk and Islamic Finance
Arabian Centres will later announce the size and value of the Sukuk
Arabian Centres starts issuing USD-denominated Sukuk Sukuk and Islamic Finance
The Sukuk has been priced at 3.7% yield
Emaar Properties lists $500m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Arab Markets
Minister of Communications and Information Technology Amr Talaat
Egypt hosts 13 subsea cables with five more under construction Macroeconomics
Photo Archive
Saudi Arabia records 38 new COVID-19 cases Sector Reports
The market cap value increased by EGP 6.14 billion
EGX ends Monday in green as Emerald makes trading debut Trading Activities
Photo Archive
Arabian Centres, Alhokair complete acquisition of 51% stake in VogaCloset Companies Investments
the cement producer logged net losses of EGP 35.69 million in three months
EGX approves South Valley Cement's authorised capital cut Financial Results
Photo Archive
Saudi Paper’s board proposes SAR 145m capital raise Corporate Actions
Photo Archive
AFG announces IPO of Group Five Pipe Saudi Initial Public Offerings
Both entities have been co-investing in the Middle East
Azimut, Gellify launch $50m VC Fund to support MENA startups Companies Investments
The new factory has the capacity to produce up to 400 tonnes per day
Egypt inaugurates EGP 55m animal, poultry feed factory in New Valley Macroeconomics
The initiative has partnered with the incubators and accelerators
MBRSC launches Space Ventures to boost UAE's space sector Companies Investments
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International Markets
Gold demand declines in Q1 due to ETF outflows
Eurozone manufacturing growth at fastest pace since May 2018
Eurozone manufacturing sector sees strongest growth in over two years
Eurozone inflation turns negative for first time in four years
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