October 21, 2018

Egypt shares to move sideways amid weak liquidity as investors await fresh stimulus

Egypt shares are seen by analysts to move sideways this week as investors await fresh stimulus to reposition in blue-chips stocks capitalizing on their attractive prices.

“The main index was unable to exceed"...

Saudi’s Automotive Sector Set for Rapid Transformation with Three Million Female Drivers Added to Roads By 2020 – Report October 22, 2018

Saudi Arabia’s automotive ecosystem is set for a rapid transformation in the coming years, with 20 percent of the female population, or three million drivers, expected"...

Open Fiber Powers Its Optical Network With SM Optics WDM ROADM October 22, 2018

(AETOS Wire) -- Open Fiber a national wholesales operator awards SM Optics, part of SIAE MICROELETTRONICA group a contract to supply and deploy WSS-free WDM ROADM technology extending fibre connectivity from their fibre backbone to metro/regional sites. The new network transports the FTTH (fibre-to-the-home) and FWA (Fixed-wireless-access) aggregated traffic, delivering ultra-broadband service to houses and local businesses. Open......

Investigational Subcutaneous Formulation of Vedolizumab Achieves and Maintains Clinical Remission and Mucosal Healing at Week 52 in Patients with Moderately to Severely Active Ulcerative Colitis October 22, 2018

(AETOS Wire) -- Takeda Pharmaceutical Company Limited [TSE:4502] (“Takeda”) today announced results from the phase 3 VISIBLE 1 clinical trial evaluating the efficacy and safety of an investigational subcutaneous (SC) formulation of the gut-selective biologic vedolizumab for maintenance therapy in adult patients with moderately to severely active ulcerative colitis (UC) who achieved clinical response* at week 6 following......

Delegation from 43 US companies to visit Egypt on Tuesday October 21, 2018

Tarek Tawfik, president of the American Chamber of Commerce (AmCham) in Cairo, said that a major US business delegation comprised of 43 American companies will visit Egypt"...

Telecom Egypt signs $500m medium-term syndicated loan October 20, 2018

Arab Finance: Telecom Egypt (ETEL) has signed a USD 500mn medium-term syndicated loan, which will be used to support its capital and operational expenditure, and refinance an existing short-term facility.

First Abu"...

Heliopolis Towers Hotel Brings Freshness of Alexandrian Seafood to Heart of Cairo October 17, 2018

CAIRO – 16 October 2018: Heliopolis Towers Hotel recently hosted a mouthwatering event bringing Alexandria to the heart of the Cairene capital. Celebrating the best of the Mediterranean city, the world-renowned hotel has pulled off an unrivaled seafood day under the theme of “a"...

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