Tech news Amazon is selling parts of its cloud business in China for up to $301 million Yomna Yasser Nov 14, 2017 0 Beijing Sinnet Technology said Tuesday it would buy parts of Amazon's cloud business in China for up to 2 billion…
Financial Institutions How to buy Bitcoin in seconds from your smartphone Yomna Yasser Oct 25, 2017 0 You've seen all the headlines about bitcoin and other cryptocurrencies rising in value. Maybe you want to get in…
MENA News Qatar inks $12bn deal for US F-15 Jets despite Trump’s accusations for backing terrorism Mennatullah Hamzawy Jun 19, 2017 0 Qatar will sign a deal to buy 36 F-15 jets from the U.S. as the two countries navigate tensions over President…
Tech news Cisco to buy AppDynamics for $3.7 billion in growth push Noha Gad Jan 25, 2017 0 Cisco Systems Inc (CSCO.O) said on Tuesday that it agreed to buy U.S. business software company AppDynamics Inc for…
Tech news Japan’s TDK to acquire U.S. chip maker InvenSense for $1.3bn Ghada Ismail Dec 21, 2016 0 Japanese electronic parts maker TDK Corp said it had agreed to buy InvenSense Inc, a U.S. chip maker that produces…
Tech news Consolidated Communications to acquire FairPoint in $1.5 billion deal Ghada Ismail Dec 6, 2016 0 Consolidated Communications Holdings Inc said on Monday it would buy broadband service provider FairPoint…
Tech news Panasonic in talks to buy ZKW to accelerate push into auto electronics Ghada Ismail Dec 5, 2016 0 Japan's Panasonic Corp is in talks to buy European automotive light maker ZKW Group, accelerating its push into the…
Tech news Siemens to buy Mentor Graphics for $4.5 billion Ghada Ismail Nov 14, 2016 0 Siemens agreed to buy U.S.-based Mentor Graphics in a $4.5 billion all-cash deal that will further build the German…
Tech news Samsung Elec to acquire Harman for $8 billion in car electronics push Ghada Ismail Nov 14, 2016 0 Samsung Electronics said on Monday it had agreed to buy Harman International Industries, a leader in connected car…
Tech news U.S. telecom firm Windstream to acquire EarthLink Ghada Ismail Nov 8, 2016 0 Windstream Holdings Inc said on Monday it would buy fellow U.S. telecommunications company EarthLink Holdings Corp…
Industry & Trade NREA purchases 400MW of solar capacity for $662m Noha Gad Nov 3, 2016 0 Egypt has agreed to buy about 400 megawatts of solar capacity, a sign that developers are slowly moving forward…
Tech news AT&T to buy Time Warner for $85 billion, create telecom-media giant Ghada Ismail Oct 23, 2016 0 AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a…
Banks BOJ’s Kuroda vows to cut rates, buy more assets to fight shocks Noha Gad Oct 9, 2016 0 Bank of Japan Governor Haruhiko Kuroda said on Saturday the central bank will deepen negative interest rates or…
Entertainment Zara owner Ortega buys $550 million Madrid skyscraper Noha Gad Oct 1, 2016 0 Amancio Ortega, Europe's richest man and founder of global fashion group and Zara owner Inditex (ITX.MC), has…
Tech news Egypt’s three mobile operators need ‘more frequencies’ to operate 4G networks Noha Gad Sep 22, 2016 0 Vodafone, Orange Egypt, and Etisalat Misr declined to buy the 4G licences due to “have been offered insufficient…
Tech news Vodafone, Orange, Etisalat shun 4G licences – officials Noha Gad Sep 22, 2016 0 Egypt's three mobile carriers have declined to buy the 4G services licence , two Egyptian telecoms officials told…
Tech news Renault, Nissan buy French tech firm to develop mobility apps Noha Gad Sep 20, 2016 0 Renault SA and Nissan Motor Co announced on Tuesday they would buy French software development company Sylpheo as…
Tech news GE to buy SLM, Arcam for $1.4 billion in 3D printing push Ghada Ismail Sep 6, 2016 0 General Electric announced plans on Tuesday to buy two European 3D printing groups - Sweden's Arcam and…
Tech news U.S. antitrust approves Tesla to buy Solarcity Ghada Ismail Aug 27, 2016 0 Tesla Motors has won U.S. antitrust approval to buy solar panel installer SolarCity, the Federal Trade Commission…
Tech news Telecom Egypt BoD gives final approval to obtain 4G licence Ghada Ismail Aug 8, 2016 0 The board of Telecom Egypt , the country's landline monopoly, gave its final approval on Sunday for plans to buy a…
Tech news Verizon to buy Fleetmatics in a $2.4 billion deal Ghada Ismail Aug 2, 2016 0 Verizon communications said it will buy GPS vehicle tracking company Fleetmatics Group for about $2.4 billion in…
Tech news Analog Devices to acquire chipmaker peer Linear for $14.8 billion Ghada Ismail Jul 27, 2016 0 Analog Devices Inc said on Tuesday it would buy fellow chipmaker Linear Technology Corp for about $14.8 billion,…
Tech news Verizon ‘agrees $5bn Yahoo deal’ Ghada Ismail Jul 25, 2016 0 US telecoms giant Verizon Communications is to buy Yahoo's search and advertising operations for $5bn (£3.8bn),…
Industry & Trade Unilever buys men’s grooming brand Dollar Shave Club Noha Gad Jul 20, 2016 0 Unilever Plc (ULVR.L) said it has agreed to buy U.S.-based men's grooming brand Dollar Shave Club in a deal that…
Industry & Trade TUI finalizes $1.4 billion order for Boeing planes Noha Gad Jul 12, 2016 0 European travel group TUI AG (TUIT.L) has finalised an order with U.S. planemaker Boeing (BA.N) to buy 10 737 MAX 8…
Tech news Twitter seeks NBA, MLS, Turner deals to stream sports – Recode Ghada Ismail Jul 9, 2016 0 Twitter Inc is in talks with the NBA, Major League Soccer and Time Warner Inc's cable network Turner Broadcasting…
Tech news SolarCity recuses two more board members from voting on Tesla deal Ghada Ismail Jun 26, 2016 0 Two additional SolarCity Corp board members with ties to Elon Musk are recusing themselves from making decisions…
Tech news Tata ordered to pay NTT DoCoMo $1.2 billion in arbitration award for JV stake Ghada Ismail Jun 25, 2016 0 India's Tata Sons Ltd has been ordered to pay NTT DoCoMo Inc $1.2 billion to buy DoCoMo's stake in its mobile phone…
Tech news Tesla offers $2.8 billion to acquire SolarCity Ghada Ismail Jun 22, 2016 0 Elon Musk on Tuesday sought to build a clean energy powerhouse as his electric car maker, Tesla Motors Inc, made an…
Tech news Zegona in deal with Telia to buy Yoigo, needs smaller investor approval Ghada Ismail Jun 20, 2016 0 British investment firm Zegona said it would push ahead with talks to buy Yoigo after reaching agreement with the…
Tech news Ant Financial plans to buy stake in Thai payments company Ghada Ismail Jun 19, 2016 0 Ant Financial Services Group, Alibaba's financial services affiliate, is seeking to buy a 20 percent stake in…
forex news Oil jumps 4 percent as Brexit fears ease, still down on week Noha Gad Jun 18, 2016 0 Oil prices jumped about 4 percent on Friday, as a weaker dollar and less anxiety about Britain's possible exit from…
Tech news ASML to acquire Hermes Microvision for $3.1 billion in chip sector shake-up Ghada Ismail Jun 16, 2016 0 Dutch chipmaking equipment firm ASML Holdings NV has agreed to buy Taiwanese peer Hermes Microvision Inc for about…
Tech news Breaking-Microsoft acquires LinkedIn in a $26.2 billion deal Ghada Ismail Jun 13, 2016 0 Microsoft Corp said in a blog post it agreed to buy LinkedIn Corp for $26.2 billion in cash. The offer of $196 per…
Tech news Toyota plans to buy robotics divisions from Alphabet Ghada Ismail Jun 1, 2016 0 Toyota Motor Corp is in talks to buy two robotics divisions from Google parent Alphabet Inc, the Nikkei reported on…
Tech news Oracle to acquire utility software maker Opower Ghada Ismail May 3, 2016 0 Oracle Corp will buy Opower Inc, a maker of software for utilities, for about $548 million in cash. The offer of…
Tech news Siemens will invest into more digital acquisitions Ghada Ismail Apr 26, 2016 0 German industrial group Siemens will continue to buy software companies to beef up its core industrial business,…
International News U.S. to buy heavy water from Iran’s nuclear program Noha Gad Apr 23, 2016 0 The United States will buy heavy water from Iran's nuclear program and expects it to be delivered within weeks,…
Tech news China’s Alibaba to invest $1 billion in Lazada Ghada Ismail Apr 12, 2016 0 Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it agreed to buy a controlling stake in online…
Industry & Trade Airlines in Asia could get a lift from Alaska-Virgin merger Noha Gad Apr 6, 2016 0 Alaska Air Group Inc's (ALK.N) plan to buy Virgin America Inc (VA.O) makes the company a more attractive partner to…