Breaking Down Facebook’s Deal with Instagram
About 23 million shares of common stock and $300 million in cash, that's what social network Facebook plunked down…
Oversupply Blesses Abu Dhabi’s Renters
With residential rents in Abu Dhabi forecast to continue to fall this year as new supply hits the market, tenants…
OCS Launches its First Business in Middle East
Britain's largest family-owned international facilities services company OCS Group Ltd has launched its first…
U.N. Food Agency aims to deliver Food Assistance in Syria
The United Nations said on Tuesday that it aimed to deliver food assistance to 500,000 people in Syria “in the…
KSA Plans for Massive Public Transport System
The Council of Ministers yesterday decided to implement a massive public transport system for major cities in the…
Egypt’s MPs hail the Decision of Halting Gas Export to Israel
Egyptian lawmakers have hailed the government’s decision to halt gas export to Israel. The Egyptian parliament…
Safaga Port to receive Egyptian Coming from Gulf Countries
Authorities of Safaga port started its preparations for the holiday season and the return of Egyptian workers from…
Fitch Lowers Nokia’a Debt Ranking
Nokia Oyj’s rating was cut to junk for the first time by a debt rating company as the Finnish mobile-phone maker…
Byblos Bank Partners With American Express Middle East
Byblos Bank, one of the top three banks in Lebanon, and American Express Middle East (AEME) have announced a new…
Orascom Development Holding Cancels 19.600 Egyptian CDs
The Egyptian Stock Exchange (EGX) has announced receiving a notice from Misr for Central Clearing, Depositary and…