Yahoo Lays Off 2,000 Employees
Yahoo Inc is laying off 2000 employees, it said on Wednesday, signaling a broad shakeup of the company. Scott…
Work in Cairo Airport is Regular even the Protests
Cairo Airport witnessed today two protests. The first protest was for the workers of “United Co.”, which supervise…
YouTube Offers Rentals for Paramount Movies
YouTube announced a movie rental partnership with Paramount Pictures on Wednesday, despite the online video…
“Patents Revenge” Leads Facebook to Sue Yahoo
Facebook fired back on Tuesday in its legal battle with Yahoo by accusing the Web pioneer of infringing 10 of…
U.S. Regulator To Penalize JPMorgan Over Lehman Breakdown
The U.S. Commodity Futures Trading Commission is expected to file a civil case against JPMorgan, for actions linked…
Saudi Information Minister: “Stopping Cash Flow to Armed Groups”
Saudi Arabia has passed an anti-money laundering law aimed at stopping cash getting to armed groups - a move sought…
Orascom Telecom Leads Egyptian GDRs’ Backwards; LSE
Egypt's Global Depositary Receipts (GDRs) listed in the EGX witnessed on Wednesday a fluid performance during…
EGX Indices In Dark Red On Foreign Selling Pressures
On Wedneday’s closing session, the EGX incurred losses of L.E 4.36 billion as the capital market amounted to L.E…
Trade Point Launches Conference of “Electronic Promotion for Exports”
Egyptian international trade point at the ministry of industry and foreign trade launched today the conference of…
Fitch Ratings Raises UAE’s Tamweel To ‘BBB+’ With Stable Outlook
Fitch Ratings upgraded UAE-based Tamweel PJSC's (Tamweel) Long-term Issuer Default Rating (IDR) to 'BBB+' from…