Tech news Facebook Boosts IPO Size By 25 Percent, Could Top $16 Billion Amwal Al Ghad English May 16, 2012 0 Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter…
Tech news Cellphone Market Shrank In Q1: Gartner Amwal Al Ghad English May 16, 2012 0 Global sales of mobile phones shrank 2 percent in the first quarter due to slower demand in the Asia-Pacific…
International News George W. Bush backs Mitt Romney Administrator May 16, 2012 0 George W. Bush is backing presumptive Republican White House nominee Mitt Romney. The former president offered a…
World Asia Shares Dive As Greek Political Concerns Deepen Yomna Yasser May 16, 2012 0 Asian shares tumbled in a broad-based sell-off Wednesday as investors reacted to news that Greece’s political…
Tech news GM to Drop Facebook Ads Amwal Al Ghad English May 16, 2012 0 General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website…
EGX Dubai’s Ridge Capital Buys Egypt’s Asset Firm El Rashad Yomna Yasser May 16, 2012 0 Dubai-based regional investment bank Ridge Capital has bought 100 percent of Egyptian asset management firm El…
Egypt News Shafiq Promises to Choke Protests if Elected Administrator May 16, 2012 0 Egyptian presidential candidate Ahmed Shafiq has threatened to repress anti-government protests if he wins the…
Tech news T-Mobile USA to cut another 900 jobs Amwal Al Ghad English May 16, 2012 0 T-Mobile USA, the fourth largest U.S. mobile provider, said it is cutting another 900 jobs. The cuts will come on…
Banks HSBC Upgrades Qatar National Bank To ‘Overweight’ Administrator May 16, 2012 0 Qatar National Bank's (QNB) lending momentum will remain positive as preference by the government will help the…
Banks Greeks Withdraw Funds From Banks Administrator May 16, 2012 0 Greece's political leaders meet on Wednesday to form a caretaker government to take it to a second election in just…