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…
Banks Egypt’s Agricultural Credit Bank reaches $35mn-settelments in 3 months Noha Gad Nov 7, 2015 0 Egyptian Principal Bank for Development and Agricultural Credit (PBDAC) has reached settlements with 112,000…
Egypt News Egypt’s non-oil private business activity contracted in October as PMI hits 8-month… aya salah Nov 4, 2015 0 Business activity in Egypt's non-oil private sector was contracted in October as the headline PMI fell to an…
Banks Visa to buy Visa Europe in deal worth as much as $23 billion Noha Gad Nov 3, 2015 0 Visa Inc (V.N) said on Monday it would buy former subsidiary Visa Europe Ltd for up to $23.3 billion in a deal that…
Banks Egypt Drops 19 Spots In World Bank’s ‘Doing Business’ 2016 Report Amwal Al Ghad English Oct 29, 2015 0 Egypt dropped 19 spots in the World Bank’s ‘Doing Business’ ranking in 2016, to 131 from 126 in 2015, among 188…
Industry & Trade Toshiba to sell sensor business to Sony, overhaul chip unit Noha Gad Oct 28, 2015 0 Japan's Toshiba Corp said on Wednesday it will sell its image sensor business to Sony Corp and overhaul its…
Industry & Trade Toshiba to sell sensor business to Sony for around $165 million Noha Gad Oct 25, 2015 0 Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million) as…
Tech news HP to cut up to 30,000 more jobs in enterprise business Noha Gad Sep 16, 2015 0 Hewlett-Packard Co, which is splitting into two listed companies later this year, said on Tuesday it expects to cut…