investors-egypt

Casablanca Stock Exchange reports record oversubscription for Vicenne’s IPO

The initial public offering (IPO) of Vicenne, a leading Moroccan medical equipment company, broke a new record on the Casablanca Stock Exchange with an IPO that was oversubscribed 64 times. The offering attracted over 32 billion dirhams in demand by investors for shares worth just 500 million dirhams, resulting in an unprecedented oversubscription. Vicenne offered […]

Egypt’s Tourism Ministry on “aggressive” promotion

Egypt’s Tourism Minister, Hisham Zaazou, has decided not to be pulled back by the sporadic violence and bombings to promote and develop what was once a renowned industry and an important sector of the economy; Tourism. He is targeting tourists from around the globe to revive the vibrancy of the sector. Almost 2,5million Russians visited […]

Notorious Algerian Hacker Nabbed in Thailand

A notorious Algerian hacker wanted by the FBI has been captured lately at Bangkok’s international airport while travelling from Malaysia to Egypt. The hacker, Hamza Bendelladj, and his family had just spent their vacation in Malaysia. The U.S. authorities were hunting down Bendelladj for nearly three years for having hacked private accounts in more than […]