EgyptAir halts all flights to Khartoum indefinitely
EgyptAir has announced on Tuesday the continues suspension of flights from and to Khartoum International Airport…
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Netflix secures $1.31bln net profit in Q1 of 2023
Netflix has posted a net profit of $1.31 billion, about $2.88 per share, while forecasts indicated revenue of $2.86…
Dubai’s Network International receives $2.5bln takeover proposal
Dubai-based payments provider Network International has received on Monday a proposal from a consortium of CVC…
U.S. wedding dress company David’s Bridal to lay off 9K employees
David’s Bridal, one of largest sellers of wedding dress in U.S is laying off about 9,236 employees expected…
Saudi Aramco transfers 4% shares to PIF
Saudi Arabia Press Agency has reported on Sunday the completion of a four percent transfer of state-owned shares in…
Saudi inflation falls to 2.7% year-on-year in March
Saudi Arabia’s inflation rate slowed down to 2.7 percent on an annual basis in March, down from 3 percent in…
Egypt signs €22mln agreements to back industrial pollution control projects
Egyptian Environmental Affairs Agency (EEAA) has signed three financing agreements to support industrial and…
Ford to invest $1.3bln in Ontario plant for EV manufacturing in Canada
Ford Motor said on Tuesday that starting from the next year it will retool its sport utility vehicle assembly plant…
Microsoft to pay over $3mln fines for violating US sanctions against Russia
Microsoft Corporation has agreed to pay over $3 million to settle a potential civil liability, for being accused of…
IMF predicts interest rates decline to pre-Covid levels
The International Monetary Fund (IMF) has suggested on Monday that advanced economies' central banks are likely to…
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