UAE asks banks for information on 19 Saudis’ accounts: sources
The United Arab Emirates Central Bank and securities regulator have asked banks and finance companies in the UAE…
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Saudi banks freeze over 1,200 accounts in probe, number still rising: sources
Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as…
China’s central bank chief urges Beijing to promote equity, cut debt, eliminate…
China's central bank boss spelled out his strategy to prevent a future financial crisis, urging broadened equity…
Amazon and Alphabet crushed earnings. What will be the next breakout tech company
Amazon, Alphabet, Microsoft, and Intel topped earnings expectations when the companies reported their quarterly…
Egypt, UK firms to launch catheter production facility at $4mn investment
A new medical joint venture between an Egyptian and a British companies to launch a state-of the-art-facility to…
Facebook, in reversal, to publish cache of political ads
Facebook Inc (FB.O) announced a plan to increase transparency about its role in political advertising on Friday,…
Value of mobile recharge cards falls 36%
Egypt's National Telecommunications Regulatory Authority ratified on Thursday evening a decision by mobile…
Volkswagen is ‘second mover’ in electric commercial vehicles
Volkswagen is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla and…
Putin tells Russia’s tech sector: Ditch foreign software or lose out
Russian technology companies will lose out on state orders unless they switch to using home-grown software, Russian…
Western Digital offers to exit Toshiba chip bid for better joint-venture terms
Western Digital has offered to drop out of a bid for Toshiba's lucrative semiconductor business in return for a…