Cerberus Capital Said to Express Interest in BlackBerry
BlackBerry Ltd. (BB), the struggling smartphone maker looking to sell itself, has drawn interest from…
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Tokyo Electron Seeks Deals After Applied Materials Takeover
Tokyo Electron Ltd. (8035), which agreed to be bought by Applied Materials Inc. (AMAT) for $9.39 billion, will seek…
Oi, Portugal Telecom to Merge, Creating $17 bln Giant
Oi SA, Brazil’s biggest phone company, agreed to merge with Portugal Telecom SGPS SA to create a trans-Atlantic…
Egyptian Finance to Raise T-Bills Worth EGP 6.5 bln Tomorrow
The Egyptian Finance Ministry will offer tomorrow 182-and 364 day treasury bills with EGP 6.5 billion. Through its…
Samsung Inaugurates its First Multi-Story Showroom in Egypt
Samsung Electronics Co., Ltd, a global leader in electronics and digital technologies, announced today that the…
Misr Insurance Eyes to Achieve EGP 480 mln Premiums Within FY13/14
Mr. Mossad Marzouk, General Manager of the General Administration for Engineering Insurances, Misr Insurance…
Egypt Post’s Subsidiary Owns EGP100 mln Liquidity; Says Chairman
Dr. Ashraf Gamal El-Din, the Chairman of the Board of Directors of Egypt National Post Authority, has revealed that…
Housing Ministry, Egypt Grand Mufti to Review Channeling Zakat Funds Tomorrow
Eng. Ibrahim Mahlab, Egyptian Housing Minister will meet tomorrow Dr. Shawqi Allam, the grand Mufti of Egypt…
Head of Internet Arm Resigns; Says Telecom Egypt
Telecom Egypt (TE) announced the resignation of Eng. Azza Turki, Chairman of the group’s internet subsidiary…
56 Million Facebook Users in MENA, Thanks to Mobile Connectivity
Facebook claims 56 million active monthly users in the Middle East and North Africa, with 28 million of them daily…