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34% of surveyed investors expect Egypt to be MENA’s top economic performer in 2019: EFG Hermes
EFG Hermes’s 15th One on One Conference kicks off in Dubai with participation of leaders of 186 companies, managing assets in excess of $11tn
Dior to bring its SS19 haute couture to Dubai
With female acrobats pulling off their most magnificent tricks in mid-air, “the metaphor- women supporting women, was not lost on anybody” said Dior’s Creative Director, Maria Grazia Chiuri, the first female designer to lead the fashion house. The audience seasoned the show with gasps of excitement and breathless attention as the models strutted down the …
Visiting Dubai Shopping Festival? Here’s how you can maximise value paying with Visa
If you are considering visiting Dubai, there is no better time to plan a trip than the eagerly awaited Dubai Shopping Festival (DSF) 2018/19, a six-week long extravaganza offering shoppers unbeatable deals on everything from fashion and jewellery to electronics and entertainment. The 24th edition of the world’s biggest shopping festival will run from 26 …
Egypt is first Arab country to hold IPS after UAE
Egypt comes at top of countries with highest return on investment in real estate market, says Farghal
ABWOC may organise Egyptian real estate exhibition in Dubai in 2019
MoU addressed reassessment of real estate legislation, to achieve integration, establish partnerships with international institutions, organisations in same field, says Essam
Dubai, Mastercard to partnership for Expo 2020
Innovative payment solutions augmented, virtual reality, biometrics technologies to be offered
Dubai tops Egypt to become world’s first global real estate investment destination
Total real estate transactions in Dubai rose by 15% compared to last year, says UAE’s central bank
Dubai’s 2018 Comic Con: Middle East’s only platform connecting comic geeks
Passing by Superman waving at attendees and stopping to greet them while the Joker stands still with his green hair and wide, wounded smile taking selfies with fans who are all dressed in costumes and have been preparing for months for the gala event; that was one of the regular scenes at the 2018 Middle …
Elsewedy-Siemens alliance awarded contract to set up power plant in Dubai worth $300m
Elsewedy Electric was awarded a contract to establish a power plant in Dubai at a cost of $300m. The company said in a disclosure statement to the Egyptian Exchange (EGX) that it received a letter from the Dubai Electricity and Water Authority stating it won the tender to supply, construct, install, test, and establish the …
Pharos Holding seeks turning into regional investment bank in Dubai
The activation of micro-finance licences will be in Q1 2018
Communications Minister uses GITEX 2017 to showcase investment opportunities in Egyptian market
26 Egyptian companies participate in the fair with support 26 Egyptian companies participate in the fair with support from ITIDA
Al-Sisi in Dubai for bilateral talks with Bin Rashed
Relations between Cairo and the UAE have become stronger since Al-Sisi came to power in 2014
Egyptian company to supply garments to Lebanon, Africa, Dubai worth $3m: Kabil
Contract gives all manufacturing of Lebanese company’s designs to the Egyptian company
First Egypt Property Show to kick off in Dubai
Real estate market recorded a 30% increase in investments in 2015 alone
Ministry of Investment working to attract more investors: Nasr
Solving investors’ problems as they appear, private sector to play bigger part in investment
Gulfood celebrates 30-year anniversary with new categorisation
The exhibition launched on Sunday in Dubai and is set to last for five days
Tourism industry prepares 5 investment opportunities for upcoming ATM exhibition in Dubai
Tourism Minister Yehia Rashed called on the Tourism Activation Authority to be prepared to take part in the Arabian Travel Market (ATM) exhibition in Dubai. The minster and ministry officials are to take part in the exhibition, according to an official at the ministry. The source said that the ministry will display and offer investment …
Premiere to serve as financial advisor for establishment of iron, steel plant in Dubai with investments of $400m
The plant’s output will reach 500,000 tonnes per year
Egyptians are top Arab investors in Dubai property market after GCC nationals
Total real estate transactions in Dubai for 2016 registered at AED 259bn
Sideways trend dominates Gulf markets in past week’s trading
The Arab Gulf stock markets experienced a sideways trend over the past week affected by the high price of Brent Crude, which rose from $42.14 up to $46.97 per barrel since the beginning of August. Qatar led the region-wide rise to finish 2.57% higher during the past week’s trading. It increased from 10,681.08 points to …
In Video: What we know so far about the Emirati aeroplane
Emirates plane catches fire upon landing at Dubai airport
An Emirates plane has been “involved in an accident upon landing” at Dubai’s main airport, officials reported. The Dubai media office has confirmed that all 300 passengers and crew have been safely evacuated
Kuwait tops Gulf stock markets amid varying performance
Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m. The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day. The Muscat Securities Market (MSM) …
Profits take over Gulf markets during last week’s trading
Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai capital market came second with an increase of 3%, reaching the level of 3,471.9 points, recording an average daily trading value of 496.84m dirhams. Saudi …
Fire rips through 75-story Dubai tower
A residential skyscraper has caught fire in Dubai, prompting the authorities to evacuate the apartment block and cordon off the area. The flames spread to at least 30 levels of the 75-story building.
Gulf markets see all-round increases in past week’s trading
Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points, and achieved an average daily trading value of SR 4.23bn.
Gulf markets plunge collectively last week
The Saudi market fell slightly by 0.37% and closed at 6,543 points, recording an average daily trading value of 3.195bn Riyals
EFG-Hermes starts promoting Cleopatra Hospital’s IPO in four international markets
The four markets include the Gulf with Dubai at the forefront, London, the US, and South Africa
Banque Misr inaugurates regional headquarters and new branch in Dubai, UAE
Chairman of Banque Misr Mohamed El Atriby inaugurated the Dubai branch and the new regional headquarters for Banque Misr’s branches in the United Arab Emirates (UAE)
ETF prepares to participate in tourism investment forum in Dubai
Arab inbound tourism to Egypt must not fall to less than 3 million visitors a year, says ETF chairman