Samsung decides to cut chip production as profits decline 96%
Samsung Electronics Co. announced on Friday that it has suffered a decline in demand as the quarterly operating…
Airbus, China aviation industry sign new agreements
Aerospace company, Airbus, has signed new cooperation agreements with China aviation industry during a French state…
Aramco maintains crude supply to Asia following production cuts
Saudi Arabia's Aramco will continue providing its supplied crude oil volume contracted in May to several North…
Abdeen Palace hosts Ramadan Iftar
Egypt’s 160 year old Abdeen Palace hosted its first Ramadan dining experience under the name Mawlay, as the event …
UAE’s e& to acquire $400mln majority stake in Careem Super App
UAE’s e& has announced the signing of a binding agreement to acquire 50.3 percent stake in a super app managed…
Huawei plans to move its Middle East HQ to Saudi Arabia
Huawei Technologies Co. is planning to move to Riyadh to make its Middle East headquarters, amid a push by Saudi…
McDonald’s cuts pay for some employees
McDonald’s Corp. is cutting the pay for some of its employees as part of its restructuring according to the Wall…
Egypt’s inflation hikes to 32.7% in March – CAPMAS
Egypt's annual urban consumer inflation rate surged to 32.7 percent year-on-year in March, up from 31.9 percent in…
Asian markets briefing 10/04/2023
The Asian markets witnessed a drop in the Chinese main index, SSEC, by -0.37 percent to 3,315.36.
Q Developments heralds its business in Egypt’s real estate market
Property developer Q Developments announced on Saturday the launch of its business in Egypt's real estate market.
