Tech news AT&T to invest $10bn to bolster global enterprise services Noha Gad Feb 22, 2016 0 AT&T Inc will invest about $10 billion in its global business solutions division, as it seeks to boost the unit…
Tech news Yahoo launches auction process as Starboard gears up for fight Noha Gad Feb 20, 2016 0 Yahoo Inc officially launched the sale of its core business on Friday, a move seen as a positive step for…
Industry & Trade GE explores oil and gas business in Iran with top executive visit Noha Gad Feb 16, 2016 0 General Electric Co (GE.N) is exploring potential business opportunities in Iran and the chief executive of its oil…
Tech news Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off Noha Gad Feb 3, 2016 0 Yahoo Inc said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about…
Industry & Trade Toshiba to sell part of its chip operations Noha Gad Jan 24, 2016 0 Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting…
Tech news Oracle profit forecast fails to impress; shares fall Noha Gad Dec 17, 2015 0 Business software maker Oracle Corp on Wednesday delivered a third-quarter profit forecast that did not quite meet…
Financial Institutions Egypt’s private insurance funds record $5.5bn in investments aya salah Dec 16, 2015 0 The investments of the private insurance funds in Egypt grew 8 percent in 2014 to reach 43 billion Egyptian pounds…
Industry & Trade SMFG to buy GE’s Japan leasing business for $4.8mn Noha Gad Dec 15, 2015 0 Sumitomo Mitsui Financial Group Inc (SMFG) (8316.T) agreed to buy General Electric's (GE.N) Japanese leasing…
Tech news Yahoo shares rise as board meets, considers sale of Web business Noha Gad Dec 3, 2015 0 Plans by Yahoo Inc's (YHOO.O) board to consider selling its struggling Internet business sent the company's shares…
Banks Egypt’s central bank savior faces tricky balancing act aya salah Nov 28, 2015 0 From bankers to carmakers, Egypt's business community will breathe easier when Tarek Amer takes charge at the…