The Egyptian Exchange (EGX) delivered a mixed but broadly positive performance on Sunday, 12 July, as gains in small- and mid-cap shares outweighed a marginal decline in the benchmark index. While the EGX30 eased 0.11% to 52,256.18 points, the EGX70 and EGX100 outperformed the benchmark despite con»»»

RIYADH: The contracting sector in Saudi Arabia is receiving strong momentum, supported by the volume of projects currently underway in the country, according to Mohammed Al-Ajlan, chairman of the Saudi Contractors Authority, who spoke to Al-Eqtisadiah newspaper. Al-Ajlan stated that the number of c»»»

International Workplace Group (IWG), which owns brands including Regus, Spaces, and HQ, has announced the opening of four new centres in three Romanian cities, as part of its efforts to meet growing demand from organisations seeking modern, accessible and adaptable workspace solutions. The new cent»»»

One United Properties (BVB: ONE), Romania’s leading investor and developer of sustainable residential, office, and mixed-use real estate projects, marks five years since its listing on the Main Market of the Bucharest Stock Exchange. Since its IPO in July 2021, the company has raised a total of RON»»»

Arab Finance: Egypt’s agricultural exports have surpassed 5.8 million tons so far this year amid rising global demand, Minister of Agriculture and Land Reclamation Alaa Farouk announced. This reflects the country's success in developing the agricultural sector and enhancing its competitiveness on t»»»

Miami: Erling Haaland said facing England, the land of his birth, in the World Cup quarter-finals was extra special as he aims to extend Norway's historic run into the last four. In his first major international tournament the Manchester City striker has propelled his country to the last eight by s»»»

MIAMI, USA: Erling Haaland said facing England, the land of his birth, in the World Cup quarter-finals was extra special as he aims to extend Norway’s historic run into the last four. In his first major international tournament the Manchester City striker has propelled his country to the last eight»»»

The entrance to Samsung Electronics’ campus in Suwon, South Korea. The memory chipmaker posted record operating profit during the second quarter of this year. Photo by Hyojoon Jeon / UPI July 9 (UPI) -- South Korea's Samsung Electronics has become one of the world's most profitable companies after »»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Millions Flood Mashhad for Historic Burial of Ayatollah Imam Sayyed Khamenei as Iran Bids Final Farewell 09-07-2026 11:48 AM The holy city »»»

Binance, the world's leading blockchain ecosystem and digital asset infrastructure provider, announced that stock trading on its platform has surpassed $1 billion in assets under management (AUM) in 30 days since launch. The milestone is accompanied by more than $3 billion in total trading volume s»»»

Dubai: SpaceX has surrendered nearly all the gains made after one of the biggest stock market debuts in recent years, raising a fundamental question for investors: has the recent sell-off created a buying opportunity, or is the market beginning to question whether even one of the world’s most ambit»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Hezbollah’s Sheikh Qassem Honors Imam Khamenei’s Legacy, Warns Lebanon’s Framework Agreement Will Not Advance 09-07-2026 01:39 AM Hezbollah»»»

NEW YORK: Nearly 1,000 people in Michigan have been diagnosed with a parasitic infection that can cause weeks of watery diarrhea, making it the largest such outbreak in state history and one of the nation’s largest in years. No deaths have been reported and the source of the cyclospora infections h»»»

The National Bank of Uzbekistan, the country’s largest commercial bank, is betting that the next phase of the country's economic transformation will be driven not by state-backed megaprojects but by households and small businesses. After a decade of reforms since Uzbek President Shavkat Mirziyoyev »»»

Dubai: Dubai Taxi Company has completed its Dh1.45 billion acquisition of National Taxi, creating the UAE’s largest taxi operator with a combined fleet of more than 9,500 vehicles across Dubai and Abu Dhabi. Sign up for our daily business newsletter, Cheques & Balances.The deal gives Dubai Taxi Com»»»

European football revenues passed the €40 billion mark for the first time in the 2024/25 season, but the industry is entering a more difficult phase, as growth slows, costs remain high and the match calendar becomes increasingly crowded. According to Deloitte’s Annual Review of Football Finance 202»»»

Tesla delivered one of its strongest quarterly performances in years, reporting vehicle deliveries that easily surpassed Wall Street expectations and offering fresh evidence that demand for its electric vehicles has rebounded after a sluggish start to 2026. The company said it delivered 480,126 veh»»»

NOTTINGHAM: India suffered their worst T20 defeat, in terms of runs, as they slumped to a mammoth 125-run loss to England at Trent Bridge on Tuesday. T20 world champions India collapsed to 76 all out inside 12 overs chasing a target of 202 as England went 2-0 up in a five-match series. The margin o»»»

Dangote Cement Plc (NGX: DANGCEM), Nigeria’s largest cement producer, has raised its dividend by 50% after a strong 2025 performance, approving a record payout of NGN753.8bn ($550mn) to shareholders. Shareholders approved the dividend at the company’s annual general meeting in Lagos, lifting the pa»»»

In a move that underscores its growing defense footprint in Southeast Asia, India will export BrahMos supersonic cruise missiles to Indonesia. The deal, confirmed by an Indian government representative, involves the indigenously co-produced system from BrahMos Aerospace—a joint venture between Indi»»»

RIYADH: The Saudi Contractors Authority has issued its “Contracting Sector Outlook – June 2026” report via the SCAVO platform, highlighting key indicators for projects awarded in the Kingdom during June. The report aims to help contractors and investors identify available opportunities and support »»»

Cairo — Egyptian equities extended their recovery on Sunday, 5 July, as renewed foreign buying, strong performance by Commercial International Bank (CIB) and broad-based sector gains reinforced investor confidence in Egypt’s improving macroeconomic outlook and capital-market reforms. The benchmark »»»

LONDON: After all the records Novak Djokovic has broken, the latest one left him rather unimpressed — even though he surpassed his great rival Roger Federer. Djokovic set a men’s record for most match wins at Wimbledon after overcoming a surprisingly tough challenge from 132nd-ranked qualifier Roma»»»

Small caps lead gains while investors weigh debt inflows, IMF progress and improving external liquidity Cairo — Egyptian equities closed last week higher on Wednesday, extending the market’s recovery for a second consecutive session as foreign investors returned as net buyers and small- and mid-cap»»»

RIYADH: Saudi Arabia’s licensed tourism hospitality facilities rose 22.7 percent year on year to 6,122 in the first quarter of 2026, as the Kingdom continued expanding accommodation capacity to support its growing tourism sector. Data released by the General Authority for Statistics showed serviced»»»

RIYADH: Large-scale concerts, scintillating theme parks, and a booming cinema industry are no longer novelties in Saudi Arabia, with them becoming powerful engines of economic diversification under Vision 2030, according to industry experts. Guided by the ambitious program, Saudi Arabia is affirmin»»»

Peru has become one of South America’s clearest political contradictions. Presidents fall, parties fragment, voters withdraw, and Congress repeatedly turns constitutional procedures into instruments of self-preservation. At the same time, the economy continues to project a level of discipline that »»»

Over the past 35 years, Electro-Alfa International has continuously evolved through sustained investments in expanding its industrial capabilities, developing proprietary products, advancing research and development, digitalization, integrated services, and strategic partnerships with international»»»

The Aspen Acres Fire, which officials have said is completely uncontrolled, surpassed 50,000 acres on Thursday and has already destroyed more than 180 structures. Photo by Pueblo County Sheriff's Office July 2 (UPI) -- The Aspen Acres fire in Colorado has surpassed 50,000 acres as evacuations sprea»»»

Novarion DMX Construction, a Sibiu-based company with more than 11 years of experience in construction and general contracting and a portfolio of 150,000 sqm built, has announced the launch of a public share offering ahead of its planned admission to trading on the AeRO market of the Bucharest Stoc»»»

Dubai: Emirates Global Aluminium has restarted 89 reduction cells at its Al Taweelah site in Abu Dhabi, marking early progress in the restoration of one of the world’s major aluminium production complexes after it sustained significant damage in March. Sign up for our daily business newsletter, Che»»»

Uzbekistan is Central Asia's rising heavyweight, and its economic story is generally being told through the now-familiar lenses of macroeconomic reform, improving policymaking and an increasingly attractive investment climate. Yet one of the country's most important structural shifts has received f»»»

“The opening of the SGB-ALFA factory represents a significant new achievement for Electro-Alfa International, both in Romania and internationally. Over the past 35 years, we have transformed a local company into a competitive business, growing steadily one step at a time. Today, our partnership wit»»»

Broad market recovery coincides with renewed foreign appetite for Egyptian debt and diversified sovereign funding strategy Cairo — Egyptian equities staged a broad recovery on Tuesday, 30 June, as buying returned across the market after recent losses, with gains in both blue-chip and small-cap stoc»»»

LeBron James is leaving the Los Angeles Lakers, which means another decision awaits. A mere 16 years after his first famed “decision” — the one that saw him leave Cleveland for Miami — James is getting ready to change uniforms once again. He has told the Lakers that his eight-year run with them is »»»

Cairo — Egyptian equities closed mixed on Monday, with the benchmark EGX30 falling below the 50,000-point level as foreign selling weighed on blue-chip stocks, while small- and mid-cap shares advanced and investors assessed Egypt’s plan to internationalise parts of its state IPO programme through d»»»

RIYADH: Egypt reached a staff-level agreement with the International Monetary Fund that could unlock another $1.64 billion in funding, taking total program disbursements to about $7.2 billion. The agreement covers the seventh review under the Extended Fund Facility and the second review under the R»»»

Cairo — Egyptian equities opened the new trading week with broad-based losses as foreign and Arab investors turned net sellers amid weaker regional sentiment and continued pressure on blue-chip stocks. Yet beneath the market’s sharp decline, the Egyptian government accelerated one of its most ambit»»»

Digi Spain, the Spanish subsidiary of Digi Communications Group, plans to launch an initial public offering that will include the sale of new shares worth around EUR 150 million, as well as a secondary sale of existing shares, according to an official announcement. The comapny intends to apply for »»»

Cairo — Egyptian equities ended the trading week on a weaker note as profit-taking by domestic investors and subdued liquidity continued to weigh on blue-chip shares, while foreign and Arab investors remained net buyers, reinforcing confidence in Egypt’s medium-term investment outlook despite short»»»

RIYADH: Private debt has overtaken venture capital as the dominant source of startup funding in the Gulf, with Saudi Arabia accounting for the vast majority of the GCC’s $4.1 billion in structured credit deployment in 2025, according to an industry report. Data released by Stride Ventures showed th»»»

The daily national and Budapest heat records were broken again on Sunday, and at dawn, a new record for the highest daily minimum temperature was set in the capital and nationwide, the weather service HungaroMet said on its website on Monday. Heat record broken again Peak temperatures rose above 40»»»

Arab Finance: Egypt has temporarily listed four state-owned companies on the Egyptian Exchange (EGX), including three from the petroleum sector, as part of the state's initial public offering (IPO) program aimed at broadening private-sector participation, as per a statement. The four companies are »»»

Peru's conservative president-elect Keiko Fujimori pledged on Monday to restore "order and hope" after narrowly defeating left-wing rival Roberto Sanchez in a presidential run-off dominated by surging crime. Fujimori, declared the winner of the June 7 election, said on X Peru was moving closer to "»»»

France estimates that its death rate rose by at least 1,000 people during the devastating heatwave that swept the country last week – but that is at the cautious end of the estimate. As authorities continue to tally the number of heat-related deaths, mortuaries in Paris and its immediate region rep»»»