Tech/AI TotalEnergies confirms Iraq deal on $27bln energy project Nada Ali Apr 5, 2023 0 French oil major TotalEnergies confirmed on Tuesday that it had reached an agreement with the Iraqi government on a…
Banks Banque du Caire issues 3-year certificates of deposit at 22% Nada Ali Apr 5, 2023 0 Banque du Caire has decided to issue a Prima Gold savings certificate for three years with a variable return,…
Featured Get to know McDonald’s 7 most unique restaurants in the world Nada Ali Apr 4, 2023 0 McDonald's located on the banks of the Nile in the Egyptian city of Aswan, this McDonald's restaurant has…
News L’Oréal signs $2.53bln deal to acquire Aesop Nada Ali Apr 4, 2023 0 French L’Oréal cosmetics company has officially signed a $2.53 billion acquisition agreement on Monday to buy the…
News Türkiye’s annual inflation rate slows to 50% – data Nada Ali Apr 3, 2023 0 Türkiye's annual inflation rate slowed for a fifth consecutive month from a high of more than 85 percent to record…
International News Microsoft lays off entire AI ethics team Nada Ali Apr 2, 2023 0 Microsoft waved its entire ethics and society team within the artificial intelligence organisation as part of…
News QatarEnergy enters maritime exploration in Mauritania with Shell deal Nada Ali Apr 2, 2023 0 Qatar’s state-owned energy giant QatarEnergy announced on Sunday that it has entered into an agreement with Shell…
Banks Swiss UBS plans to cut up 20-30% of its workforce Nada Ali Apr 2, 2023 0 Switzerland’s UBS Group AG, which recently acquired Credit Suisse, plans to reduce its workforce by 20-30 percent,…
Tech/AI IsDB approves $345mln fund for Egypt’s electric train project Nada Ali Apr 2, 2023 0 Jeddah-based Islamic Development Bank (IsDB) has approved $344.5 million fund on Saturday to finance Phase I of…
Banks Egypt’s NBE, Banque Misr issue new 19%, 22% CDs over 3 years Nada Ali Apr 2, 2023 0 Egypt's two biggest state lender, the National Bank of Egypt and Banque Misr have launched on Sunday two…