Stock
Elon Musk sells nearly 8 million shares of Tesla stock
Technology
August 10, 2022
Elon Musk sells nearly 8 million shares of Tesla stock
New York (CNN Business) – Tesla CEO Elon Musk sold 7.9 million shares of Tesla stock in recent days, raising…
Alibaba stock jumps after announcing Hong Kong primary listing
Business
July 26, 2022
Alibaba stock jumps after announcing Hong Kong primary listing
New York (CNN Business) – Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock.…
Egypt has strategic balances for all food commodities: Minister
Egypt
June 26, 2022
Egypt has strategic balances for all food commodities: Minister
The Egyptian Minister of Supply and Internal Trade, Aly al-Moselhy, assured that his country has strategic stocks for all crops…
Netflix stock plunges after subscriber losses
World
April 20, 2022
Netflix stock plunges after subscriber losses
New York (CNN Business) – Netflix’s bad 2022 just got worse. After shares tanked earlier this year because of concerns…
Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
Middle East
February 13, 2022
Saudi Arabia gives 4% of Aramco worth $80B to sovereign fund
DUBAI, United Arab Emirates (AP) — Saudi Arabia said Sunday it will transfer four percent of the stock in the…
World markets drop; London hit by Brexit delay reports
World
February 26, 2019
World markets drop; London hit by Brexit delay reports
Global stock markets fell Tuesday, as China-US trade talk euphoria faded, with London also sliding as the British pound rallied…
Global stocks rise as slowing China growth boosts stimulus prospects
Business
January 19, 2016
Global stocks rise as slowing China growth boosts stimulus prospects
Shares in Europe and Asia rose and the dollar gained after data showing China's economy grew last year at its…
UAE’s Abraaj offers $118 mn for 100% of Egypt’s Bisco Misr
Business
November 3, 2014
UAE’s Abraaj offers $118 mn for 100% of Egypt’s Bisco Misr
UAE's Abraaj Investment Management has made a formal offer of LE850 million (US$118.88 million) for 100 percent of Bisco Misr,…
Shareholders with 56% of Egypt’s Bisco Misr agree to sell
Business
November 2, 2014
Shareholders with 56% of Egypt’s Bisco Misr agree to sell
Shareholders holding 56 percent of Egyptian snack maker Bisco Misr have agreed to sell their shares to United Arab Emirates-based…
Egypt studies joint stock trading with Turkey
Business
October 22, 2012
Egypt studies joint stock trading with Turkey
The Egyptian Exchange is studying an alliance with the Istanbul Stock Exchange that would allow investors in the two countries…