Tech/AI Microsoft to pay over $3mln fines for violating US sanctions against Russia Nada Ali Apr 11, 2023 0 Microsoft Corporation has agreed to pay over $3 million to settle a potential civil liability, for being accused of…
Financial Institutions IMF predicts interest rates decline to pre-Covid levels Nada Ali Apr 11, 2023 0 The International Monetary Fund (IMF) has suggested on Monday that advanced economies' central banks are likely to…
Banks World Bank raises global economic growth slightly in 2023 Nada Ali Apr 11, 2023 0 The World Bank (WB) President David Malpass expected on Monday during spring meetings 2023 that the global growth…
Banks BofA expects US economy to fall in Q2 Nada Ali Apr 11, 2023 0 Bank of America (BofA) has warned that the U.S. economy could shrank in the second quarter, after an economic data…
Featured Saudi Arbia’s Savvy Games Group to acquire Scopely Nada Ali Apr 10, 2023 0 Saudi Arabia’s Savvy Games Group entered a $4.9 billion deal to acquire Scopely, a maker of mobile games including…
Tech/AI Samsung decides to cut chip production as profits decline 96% Nada Ali Apr 10, 2023 0 Samsung Electronics Co. announced on Friday that it has suffered a decline in demand as the quarterly operating…
Tech news UAE’s e& to acquire $400mln majority stake in Careem Super App Nada Ali Apr 10, 2023 0 UAE’s e& has announced the signing of a binding agreement to acquire 50.3 percent stake in a super app managed…
News Egypt’s inflation hikes to 32.7% in March – CAPMAS Nada Ali Apr 10, 2023 0 Egypt's annual urban consumer inflation rate surged to 32.7 percent year-on-year in March, up from 31.9 percent in…
Tech news Google accidentally sent free money to random users Nada Ali Apr 9, 2023 0 Google’s users have been receiving unexpected cash deposits of up to $1,000 in their app accounts, without any…
Banks Egypt’s financial inclusion grows by 147% from 2016 to 2022 – CBE Nada Ali Apr 9, 2023 0 Egypt’s central bank (CBE) has released on Saturday its financial inclusion indicators for 2022, as the figures…