Cairo / Emirates Business The Emirates NBD Purchasing Managers’ Index (PMI) for Egypt, sponsored by Emirates NBD and produced by IHS Markit, contains original data collected from a monthly survey of business conditions in the Egyptian private sector. Commenting on the Egypt PMI survey, Daniel Richards, MENA Economist at Emirates NBD, says, “The positive PMI reading for the first month ...

Bloomberg Samsung Electronics Co. unveiled the Galaxy Note 9 in New York, banking on the larger-screen device to rejuvenate sales of a struggling flagship line and fend off Apple Inc.’s upcoming iPhones over the holidays. The 6.4-inch screen Note 9 will start at $999.99 and max out at $1,249.99 — becoming, at about $100 above the iPhone X’s upper limit, ...

Bloomberg Beijing Bytedance Technology Co Ltd., the startup behind hit Chinese news aggregator Jinri Toutiao, is seeking to raise as much as $3 billion in a funding round that is mostly targeting US investors, a person familiar with the matter said. The fast-growing company held meetings with potential investors for a financing that could value Bytedance at as much as ...