Investment offers under legal scrutiny – Egypt’s PM
Egyptian Prime Minister Dr. Mustafa Madbouly announced on Thursday that a committee, comprising legal as well as…
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Apollo targets stake in AlShaya’s Starbucks
Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
Spain freezes tech giants’ fines
Spain’s high court suspended the €194 million ($209 million) fines that the local antitrust watchdog, CNMC, levied…
AstraZeneca forecasts profit rise
AstraZeneca announced on Thursday that it anticipates a rise in this year’s revenue and profit due to strong demand…
China’s vehicle sales dip in January
China’s passenger vehicle sales fell in January, 14.1% from the previous month, marking the first decrease since…
Uber profits soar, buyback expected
Uber announced on Wednesday its first full year of profits, reporting earnings that exceeded analysts’…
Zero Carbon, Green Planet join forces to tackle waste gas
Zero Carbon Ventures, a leader in developing emission reduction technologies based in Abu Dhabi, has declared on…
Moody’s downgrades NYCB bank
Moody’s Investors Service downgraded New York Community Bancorp's (NYCB) credit rating to junk status, according to…
Saudi Aramco eyes Indian ventures
Saudi Aramco, the state oil behemoth, is currently negotiating investment opportunities with Indian firms, as…
HSBC to market Egypt’s investment opportunities
Egypt’s General Authority for Investment and Free Zones (GAFI) signed a Memorandum of Understanding (MoU) with HSBC…
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