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Category: Business 9423

Workers' Union: October 28 is the Deadline to Update Data of 27 Labor Unions Ahead of Elections
Business
  • 1 mins read

Workers' Union: October 28 is the Deadline to Update Data of 27 Labor Unions Ahead of Elections

The Egyptian Workers' Union announced October 28 as the deadline to update data for 27 labor unions ahead of the 2026 union elections, with October 29 set as the final date for the General Union. Preparations include educational courses on the new Labor Law.

Wall Street Indexes Rise Supported by Technology; Record Close in Europe | Al Khaleej Newspaper
Business
  • 1 mins read

Wall Street Indexes Rise Supported by Technology; Record Close in Europe | Al Khaleej Newspaper

Wall Street indexes rose supported by technology stocks, while European shares hit record highs boosted by French and Spanish gains. Investors await Federal Reserve meeting details for interest rate cut signals.

HSBC Plans to Privatize Hang Seng Bank for $37 Billion
Business
  • 1 mins read

HSBC Plans to Privatize Hang Seng Bank for $37 Billion

HSBC announced a proposal to privatize Hang Seng Bank, valued at approximately USD 37 billion. HSBC owns about 63% of Hang Seng, with shares to be canceled at HKD 155 per share. The deal will be funded internally by HSBC.

The Secret of the Iron Box in Downtown Cairo: The Story of Egypt's First Night Deposit Machine
Business
  • 1 mins read

The Secret of the Iron Box in Downtown Cairo: The Story of Egypt's First Night Deposit Machine

In downtown Cairo, a small iron box called the "Night Safe" was Egypt's first night deposit machine, invented by Talaat Harb in the 1990s to allow customers to deposit money after banks closed.

Dollar Exchange Rate Today Thursday 9/10/2025 at Banque Misr 47.51 EGP - Youm7
Business
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Dollar Exchange Rate Today Thursday 9/10/2025 at Banque Misr 47.51 EGP - Youm7

On Thursday, October 9, 2025, the US dollar exchange rate against the Egyptian pound was recorded in major banks, with buying prices ranging from 47.43 to 47.51 EGP and selling prices from 47.53 to 47.62 EGP.

Dubai Celebrates the "Arab Awards" and Their Role in Supporting Creativity and Innovation
Business
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Dubai Celebrates the "Arab Awards" and Their Role in Supporting Creativity and Innovation

The fifth session of the "Arab Awards Forum" was launched in Dubai under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, gathering prominent figures from the Arab intellectual and scientific scene to enhance the role of Arab awards in supporting creativity and innovation.

30 Participants in the 2025-2026 Cohort of the Mohammed bin Rashid Leaders Preparation Program
Business
  • 1 mins read

30 Participants in the 2025-2026 Cohort of the Mohammed bin Rashid Leaders Preparation Program

The Mohammed bin Rashid Leaders Preparation Center has launched the 2025-2026 cohort of its program, targeting 30 Emirati leaders from 15 vital sectors. The program includes practical training with international institutions and global experts to enhance leadership skills and support Dubai's development plans.

Record Revenues from "Dog Tax" in Germany
Business
  • 1 mins read

Record Revenues from "Dog Tax" in Germany

Germany recorded a record 430 million euros in revenues from the dog ownership tax in 2024, up 2.2% from the previous year, alongside a 2.3% rise in pet food prices during the same year.

"Dubai South" Expands Airline Maintenance Facilities
Business
  • 1 mins read

"Dubai South" Expands Airline Maintenance Facilities

The Mohammed bin Rashid Aviation Project in Dubai South has expanded its airline maintenance facilities to 11 units covering 76,000 square feet, providing integrated services including storage, technical equipment, engineering support, and a pilots' lounge. Construction is expected to complete by Q3 2026.

Mansour bin Mohammed: Clubs Are Key Partners in Building Dubai's Sports Future
Business
  • 1 mins read

Mansour bin Mohammed: Clubs Are Key Partners in Building Dubai's Sports Future

Dubai hosted the "Club Accelerators" event organized by the Dubai Sports Council, featuring global sports stars and club officials. Mansour bin Mohammed emphasized the importance of clubs as key partners in building the future of sports and enhancing the competitiveness of the sports sector in the emirate.

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