Guides & Analytics
Orascom Construction Industries Gets $100 Mln World Bank Loan
Egypt's Orascom Construction Industries (OCI) (OCIC.CA) has secured a $100 million loan from the World Bank's investment arm to help it expand across the region and…
Linkedin passwords pilfered after 6.4 million accounts hacked
The professional social network LinkedIn said Wednesday some of its members' passwords were stolen after reports said more than 6.4 million accounts were…
Samsung To Invest $1.9 Bln In New Semiconductor Line
Samsung Electronics, the world's largest memory chip maker, said Thursday it would invest about $1.9 billion in building a new non-memory chip line to address…
Google launches Map Maker in Egypt, South Africa
Google Inc. has launched its Mapmaker product in Egypt and South Africa, with 10 more countries to be able to use the service in the next few weeks. Map Maker allows…
Twitter’s bird logo gets a makeover
The social-networking company wants to be universally known by a new streamlined bird logo, replacing the scruffier bird that had symbolized Twitter since…
Nasdaq To Hand Out $40 Mln For Facbook IPO Losses
The Nasdaq stock exchange said Wednesday that it plans to hand out $40 million in cash and credit to reimburse investment firms that got ensnared by technical…
EALB Eyes EGP 1.4 Bln Increase In Deposits Portfolio By End Of FY 2012/13
Egyptian Arab Land Bank (EALB) plans to increase its deposits portfolio by EGP 1.4 billion to resister EGP 18.4 billion by the end of FY 2012/2013, up from EGP 17…
Europe Shares Open Higher Ahead of Spanish Auction
European shares moved higher on Thursday morning ahead of a key bond auction in Spain and testimony to Congress from U.S. Federal Reserve Chairman Ben Bernanke. The…