Egyptian Foreign Minister Badr Abdel-Aty held phone conversations on Sunday with Omani Foreign Minister Badr al-Busaidi, Iranian Foreign Minister Abbas Araghchi, and US Middle East envoy Steve Weitzman.
The discussions focused on regional (...)
Egyptian Foreign Minister Badr Abdelatty, held a series of phone conversations on Sunday, with his counterparts in Oman and Iran, as well as the US Special Envoy to the Middle East, focusing on regional developments. Ambassador Tamim Khallaf, (...)
Egypt is celebrating the 80th anniversary of the founding of the Arab League, which has served as a platform for joint Arab action since its establishment in Cairo on March 22, 1945.
On this occasion, the Ministry of Foreign Affairs expressed (...)
Oman's state-owned Asyad Group plans to sell at least 20 per cent of its shipping unit, Asyad Shipping Co, through an initial public offering (IPO) on the Muscat stock exchange as part of the nation's privatisation drive.
The IPO will offer 75 per (...)
Oman's OQ Base Industries saw a 10 per cent drop in its shares on the Muscat stock exchange following its $489 million IPO, the latest in a series of lackluster Middle Eastern listings.
The methanol and liquefied petroleum gas firm priced shares at (...)
Egypt's Treegas signed two significant agreements to boost its production and export of fibreglass LPG cylinders, a lightweight and cost-effective alternative to steel.
In partnership with Czech firm HPC, Treegas will establish a manufacturing (...)
The Egyptian Computing Incident Response Team (EG-CIRT) and the Computing Incident Response Team for the Financial Sector (EG-FinCIRT) of the Central Bank of Egypt (CBE) have secured first places in the 12th Regional Cybersecurity Competition for (...)
EFG Hermes, a leading investment bank in the Middle East and North Africa (MENA), has completed its advisory role in the $764m initial public offering (IPO) of Fakeeh Care Group (FCG) on the Saudi Exchange. As a joint bookrunner and underwriter, EFG (...)
The market capitalisation of Arab stock exchanges witnessed an increase to approximately $4.54trn in February, up from around $4.4trn in January, as reported by the Arab Monetary Fund (AMF).
The AMF's February data, published on Thursday, indicated (...)
Egypt Post participated in the first Arab Postal Leaders Forum, which was hosted by Muscat, Oman from 12 to 14 February 2024, in cooperation with the Universal Postal Union International Bureau (UPU-IB).
The forum was attended by heads of postal (...)
MENA markets saw 48 initial public offerings (IPOs) in 2023, raising $10.7bn in total, according to the EY MENA IPO Eye Q4 2023 report.
The report indicated that during Q4 2023, 19 IPOs raised $4.9bn in proceeds.
It added that all Q4 listing (...)
Kuwait Financial Centre "Markaz" released its research report, "Initial Public Offerings (IPOs) in the GCC markets," showcasing a 55% annual decline in total proceeds from $22.7bn in 2022 to $10.1bn in 2023. The decrease stemmed from fewer offerings (...)
أعلنت شركة B2B للاستثمار والتسويق العقاري الرائدة في مجال تسويق العقارات بالسوق المصري عن التعاقد مع المطور وجهة إحدى أكبر مطوري العقارات بسلطنة عمان وذلك لتسويق مشاريعها Uptown و Central 7 داخل للمصريين و للمستثمرين
حيث يمنح المطور" وجهة" مزايا (...)
The GCC states approved a unified Gulf tourist visa, said GCC interior ministers in a meeting in Muscat on Wednesday.
The project seeks to link traffic violations between the GCC countries.
Interior Minister of Bahrain, General Shaikh Rashid bin (...)
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that it has successfully advised on the $748m initial public offering (IPO) of OQ Gas Networks (OQGN), the sole operator of the gas (...)
The Gulf Cooperation Council announced on Tuesday it pledged $100 million in emergency aid for the Gaza Strip.
The decision came after a meeting in Muscat, where the countries foreign ministers pledged "an urgent humanitarian relief operation" worth (...)
قررت دار الأوبرا بدولة عمان، إلغاء حفلي ماجدة الرومى الذى كان من المقرر إقامتهما، يومي 18 و19 أكتوبر الجاري، حيث أعلنت دار الأوبرا السلطانية مسقط في بيانا لها عن إلغاء حفل يوم المرأة العمانية وإيقاف كل الحفلات الأخرى حتى إشعار آخر، وذلك تضامنا مع (...)
EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM), announced today that it has successfully advised on the SAR 4.572bn ($1.219bn) initial public offering (IPO) of ADES Holding (ADES), a leading oil and gas drilling and (...)
The Abu Dhabi Securities Exchange (ADX) was the best performer among Arab stock exchanges last week, increasing its market value by 3.37%, according to the Arab Monetary Fund (AMF). The AMF's weekly report showed that the ADX's market capitalisation (...)
HSBC Bank Oman merged with Sohar International Bank of Oman on Thursday, according to Muscat Stock Exchange (MSX).
Sohar International Bank welcomed its newly migrated customers advising them to activate their debit and credit cards by downloading (...)
Commercial International Bank (CIB), Egypt's largest private sector bank has received on Wednesday award of the best institution for applying environmental, social sustainability practices in Egypt.
The bank is the only institution that listed in (...)
EFG Hermes, the investment bank franchise in Frontier and Emerging Markets, announced Saturday that its investment banking division successfully completed advisory on the $769m initial public offering (IPO) of ADNOC Logistics & Services Plc — the (...)
EFG Hermes Holding, the financial institution with a universal bank in Egypt and the investment bank franchise in Frontier and Emerging Markets (FEM), announced Wednesday its results for the three months ended 31 March 2023. The Group recorded a (...)
EFG Hermes, the investment bank franchise in Frontier and Emerging Markets (FEM), announced Tuesday that its investment banking division successfully completed advisory on the $244m initial public offering (IPO) of Abraj Energy Services, the oil and (...)
أعلن الدكتور أحمد السبكي، رئيس الهيئة العامة للرعاية الصحية، مساعد وزير الصحة والسكان، المشرف العام على مشروع التأمين الصحي الشامل، اعتماد هيئة الرعاية الصحية تطبيق الدليل الصادر عن هيئة الدواء المصرية، ودستور الأدوية الخاص بالمضادات الحيوية (...)
