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Tech/AI
VW is after profiting from ride-hailing apps, mobility services
Volkswagen is looking at on-demand mobility services such as smartphone ride hailing to earn a "notable share" of…
Oracle hit with whistleblower lawsuit over cloud accounting
Oracle Corp was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation…
Equinox’s Egypt business growth records 25% annually
Equinox, a leading provider of infrastructure technology solutions and services in the Middle East and Africa…
German developmental projects in Egypt worth €6 billion- trade minister
The total volume of developmental projects executed by Germany in Egyptian market since 1963 is estimated at €6…
China signs MoU to establish a logistic area in Suez Canal axis
China’s Ningxia Silk Road ePath Company (SRP) has signed on Tuesday a memorandum of understanding with…
Automotive sales in Egypt expected to drop by 30% late-2016
Egyptian annual automotive sales are expected to drop from 275,000 to 200,000 vehicles -i.e. 30 percent- by the end…
Japanese Mitsubishi eyes upgrading Egypt’s iron, steel complex in Helwan
Japanese engineering company Mitsubishi Heavy Industries, Ltd. eyes developing Egypt's iron and steel complex in…
Italy’s TerniEnergia acquires 47 MW solar energy project in Egypt
Hoping to make the most out of climate seemingly designed to exploit the potential of the sun, Italy’s TerniEnergia…
US court rules US$24.9 billion Dell buyout underpriced by 22 percent
Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc by about 22 percent…
Japan’s SoftBank plans to sell $7.9 billion in Alibaba stock
SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that…