Morgan Stanley Reduces Stake In KPN To 4.93%
Morgan Stanley has lowered its stake in Dutch telecommunications company Royal KPN NV to 4.93% from 10.01%,…
Bank Of England Raises Inflation Outlook
The Bank of England on Wednesday raised its short-term outlook on consumer-price inflation, and also lowered its…
US Govt Bolsters 10,000 Egyptian Entrepreneurs
The events of Entrepreneur project, financed by US Agency for International Development USAID, for supporting SMEs…
HTC Delays U.S. Launch Of New Smartphone
HTC Corp. said Wednesday the launch of a new Smartphone in the U.S. will be delayed, due to a customs review…
Apple Orders Large Mobile Screens From Asia
Apple Inc., which is expected to launch its next-generation iPhone later this year, has ordered screens from its…
Egyptian Stock Doubles its Losses, EGX Below 4970 Pts
On Wednesday’s midday session, the EGX doubled its early losses to reach EGP 2.14 billion as the capital…
Dubai Villa Rents Post First Rise Since 2008-09
Dubai's residential market for villas in prime locations is likely to remain strong during 2012 after seeing a…
Investors Sign Up For Burj Khalifa Auction
Nearly 40 investors have registered to take part in an auction to buy an entire corporate floor in the Burj…
Egypt Sees Surge In Interest From Brit Homebuyers
Egypt has seen an increase in interest from British overseas homebuyers, while interest in the UAE due to…
Utopia Hits 4-Day Down, Shares Mostly Flat
During Wednesday’s trading, NILEX’s listed shares have witnessed unsteady performance amidst trading in 6…