Banks Egypt banks, EGX to close on Jan 25 Aya Anwar Jan 22, 2024 0 The Central Bank of Egypt (CBE) and the Egyptian Exchange (EGX) will close next Thursday, for January 25 Revolution…
Featured Oil prices fall amid Red Sea risks Nada Ali Jan 22, 2024 0 Oil prices decreased globally as the OPEC member Libya resumed output of its largest field Sharara, bolstering…
Tech/AI TotalEnergies to resume Danish Tyra field production on March Aya Anwar Jan 22, 2024 0 TotalEnergies will resume production in the Tyra gas filed in Denmark next March, according to the company's…
News UK’s Trifast to cut 10% jobs globally Nada Ali Jan 22, 2024 0 The UK maker and distributor of industrial fastenings Trifast forecasts a decline in 2024 fiscal year revenue to…
Featured Terraform Labs files for bankruptcy protection Sama Mousa Jan 22, 2024 0 Terraform Labs filed for Chapter 11 bankruptcy in the United States according to court papers filed on Sunday and…
Tech/AI Crédit Agricole buys 7% stake in Worldline Aya Anwar Jan 22, 2024 0 Crédit Agricole purchased a 7 per cent stake in Worldline for an undisclosed price point, to support the joint…
Featured Sony terminates $10 bln Zee India merger Sama Mousa Jan 22, 2024 0 Japan’s Sony Group said on Monday it has terminated the Zee Entertainment merger worth $10 billion, due to an…
Banks China’s PBOC keeps LPR unchanged at 3.45% Nada Ali Jan 22, 2024 0 The People's Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per cent in line with…
Featured France’s FDJ to acquire Kindred for $2.8 bln Sama Mousa Jan 22, 2024 0 France’s gaming firm La Francaise des Jeux (FDJ) is set to buy Kindred Group in a deal worth $2.8 billion, Reuters…
Featured Cyprus’ Aphrodite gas field; strategic asset for resilient ties with Egypt Aya El Sayed Jan 21, 2024 0 Cyprus and Egypt enjoy strong bilateral relations and all-round cooperation in various fields, particularly energy.…