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Nvidia overtakes Aramco as world's third largest company
The company’s stock has surged nearly 70% this year already
Telecom Egypt’s net income rose by 25% y-o-y in 2023. PLUS: Bolt, Danieli, Majid Al Futtaim, Fawry + PayMe, FABMisr, Al Baraka Bank
The company’s revenues were up 28% y-o-y to reach EGP 56.7 bn, which it attributed to higher data services and…
IBM is looking for volunteers who want to leave the tech company. PLUS: A change in Orca’s hunting strategies is worrying researchers
IBM claims that this move has nothing to do with their USD 3 bn savings goal announced in their Q4…
EFG Hermes tops EGX brokerage league table in February
EFG Hermes topped the EGX brokerage league table in February, with a marketshare of 14.2%, according to EGX figures (pdf).…
E-Finance, GB Corp report 2023 results
Subsidiary e-Finance Digital Operations contributed the lion’s share of the group’s revenues for the year, making up 90% of the…
THIS WEEKEND: Ras El Hekma investment dominates the news as the first and second batches arrive with a total of USD 10 bn from the contracted USD 35 bn.
Good morning, friends. We hope this Friday treats you well. We are counting down the days until Ramadan begins. What…
Oops, AI did it again: Google’s Gemini’s attempt to be completely PC backfires
The mishap has taken Google back to the drawing board to try and manage this AI bias
Investors are still loving Gulf IPOs
The appetite for Gulf IPOs is still strong: Saudi Arabia’s Modern Mills for Food Products IPOfor 30% of the company…
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