Orascom Hotels Establishes a New Company to Manage Taba Port
Egypt’s Orascom Hotels and Development announced on Tuesday that two subsidiary companies, Taba Heights and Taba…
EALB’s Total Settlements with Clients in Default worth EGP500mn
Egyptian Arab Land Bank (EALB) finalized conducting settlements with clients in default worth EGP500 million within…
IMF-Egypt Annual Talks to Hold after Presidential Polls – Minister
Annual consultations between Egypt and the International Monetary Fund (IMF) will take place after the coming…
Egypt’s EGX30 Nears 8075 at Open
Egypt’s stocks started trading on Wednesday higher with gains worth 1.7 billion Egyptian pound bolstered by…
Intel Sales May Top Estimates on Corporate PC Demand
Intel Corp. (INTC), the world’s largest semiconductor maker, forecast second-quarter sales that may exceed some…
Samsung Contests Apple’s Patent Claims in $2 Billion Case
Samsung Electronics Co. (005930) began its attack on patents Apple Inc. has asserted in a $2 billion case by trying…
Michigan, White House Discuss Federal Money For Bankrupt Detroit: Report
Michigan officials and President Barack Obama's Administration are discussing a plan to free up $100 million in…
Apple Cannot Escape U.S. States’ E-Book Antitrust Cases: Judge
Apple Inc on Tuesday lost an attempt to dismiss lawsuits by state attorneys general accusing it of conspiring with…
Israeli, Palestinian Negotiators To Meet On Wednesday, U.S. Says
Israeli and Palestinian negotiators will meet on Wednesday to try to extend peace talks beyond an April 29…
Wall Street Ends Higher As Blue Chips Rally; Intel Up Late
U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and…