Software as share of companies’ revenue expected to quadruple worldwide by 2030: Report
Ahram Online » Business
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5d ago
Software and digital technologies are anticipated to contribute 29 percent of companies' revenues worldwide by 2030, a substantial increase from seven percent now, according to a recent report by French information technology services and consulting company Capgemini SE ..read more
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Corrections weigh on Egyptian Exchange in week; market cap shrinks 2%
Ahram Online » Business
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5d ago
The Egyptian Exchange (EGX) saw varied performance over the week, but the corrections-driven decline in the main index led the market cap to plunge by nearly 2 percent, recording around EGP 1,677 billion ..read more
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Dana Gas to invest $43 million in drilling new wells in Egypt
Ahram Online » Business
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5d ago
Emirati energy company Dana Gas announced plans to invest an additional $43 million in its operations in the Egyptian market over the coming year, according to CEO Richard Hall on Wednesday ..read more
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Egypt, Huawei ink three agreements to promote digital transformation in oil, gas sector
Ahram Online » Business
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3w ago
Egypt’s Ministry of Petroleum and Mineral Resources signed three cooperation agreements with Huawei, a leading information and communication solutions company, to promote Egypt's digital transformation, read a statement on Wednesday ..read more
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Fertilizers, bank sector leads EGX to historic levels in week
Ahram Online » Business
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3w ago
Egyptian Exchange (EGX) indices leaped in the week that ended on 9 November with the recovery of fertilizers stocks and positive financials from Commercial International Bank (CIB), the biggest stock in the main index, EGX30 ..read more
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COP27 and COP28 insights by Mohieldin: Mobilizing funding for climate action vs. accelerating just energy transition
Ahram Online » Business
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3w ago
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt, highlighted the contrast between COP27 and COP28, indicating that COP27 focused on mobilizing funds for climate action, while COP28's primary emphasis is on speeding up the just energy transition to achieve emissions reduction targets ..read more
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Intra-African Trade Fair 2023 kicks off in Egypt
Ahram Online » Business
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3w ago
Egyptian Minister of Trade and Industry Ahmed Samir inaugurated the third Intra-African Trade Fair (IATF) in Cairo which takes place between 9 and 15 November, according to a statement on Thursday ..read more
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Egypt wins first place in Arab FinTech Challenge in Dubai
Ahram Online » Business
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1M ago
The Egyptian American University team won first place in the Arab FinTech Challenge for universities at GITEX Dubai 2023, which is sponsored by FinTech Egypt powered by the Central Bank of Egypt (CBE), the bank said in a statement on Saturday ..read more
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European gas prices rise on fears of pause in Egypt LNG exports
Ahram Online » Business
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1M ago
European gas prices have spiked steeply due to a complex of factors, including reports that Israel had stopped exporting natural gas to Egypt, which could reduce the latter country's exports of liquefied natural gas (LNG ..read more
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Egyptians demand for gold bars, coins dips 4% in Q3 2023: Report
Ahram Online » Business
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1M ago
Egyptians' demand for gold bars and coins declined by 4 percent on annual basis to 6 tons in the third quarter of 2023, according to the World Gold Council’s (WGC) Gold Demand Trends report published on Tuesday ..read more
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