Chinese stock market suffers biggest fall since 2008
China’s stock market has suffered its biggest one-day fall in over six years this morning, after regulators clamped…
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Oriental Weavers secures $10mn loan from Bank Audi
Egypt’s rug manufacturer Oriental Weavers (OW) said, in a bourse statement Sunday it reached an agreement with Bank…
Union of Arab Banks holds SME Forum next February in 200 Bankers’ Presence
More than 200 key Arab bankers are discussing new ways to support and develop SMEs in a forum to be held by Union…
Assyut City Center’s First Phase to be opened early 2016
Egypt’s Tasweeq Shopping Malls plans to inaugurate the first phase of Assyut City Centre in Assyut governorate by…
In Egypt, Smart phones penetration likely to hit 60% at H1-2015
Smart phones penetration in Egyptian market is expected to increase by 60% at the end of first half of 2015, Tamer…
Egypt extends working Agreement with Google
Egyptian Cabinet approved Thursday the extension of working agreement signed between ministry of communications and…
United Bank loans EGP650 million to Egypt SMEs in 2014
United Bank – Egypt has provided around 650 million Egyptian pounds (US$90.8 million) total financing for the small…
Sisi in First Official Visit to UAE for World Energy Summit
Egypt's President Abdel Fattah al-Sisi will be heading to UAE on January 18-19th. This is the first official visit…
Apple sues Ericsson over LTE wireless telecom patents
Apple Inc (AAPL.O) sued Ericsson (ERICb.ST) alleging that the Swedish company's LTE wireless technology patents are…
Goldman writedown of Portugal loan hurts profit, bonuses
Goldman Sachs Group Inc had to write down its loan to the troubled Portuguese bank Banco Espirito Santo SA in the…