World European stocks close higher after Brexit breakthrough; banks up 2% Yomna Yasser Dec 9, 2017 0 European stocks closed higher on Friday, as investors reacted to progress in Brexit negotiations and a long-sought…
Industry & Trade A French firm wins mandate to develop wind farm flagship in Egypt Yomna Yasser Dec 4, 2017 0 French energy company Engie said it won a contract from the Egyptian government to develop a 250 MW wind farm in…
Tech news Uber’s messy data breach collides with launch of SoftBank deal aya salah Nov 23, 2017 0 A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that…
Financial Institutions Egypt to receive next IMF loan disbursal in December: minister Yomna Yasser Nov 23, 2017 0 Egypt is set to receive its next International Monetary Fund loan disbursal in December, Finance Minister Amr El…
Industry & Trade New Chinese Star sells first Russia Oil from $9 Billion Rosneft Deal aya salah Nov 22, 2017 0 A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of…
Industry & Trade Egypt’s costs of subsidised petroleum products up 68% in Q1-FY2018 Yomna Yasser Nov 12, 2017 0 Egypt's cost of subsidised petroleum products rose 68 percent to 23.5 billion Egyptian pounds ($1.33 billion)…
Tech news HP completes purchase of Samsung’s printer business for $1.05 billion Yomna Yasser Nov 1, 2017 0 HP Inc., maker of printers and personal computers, on Wednesday said it completed its purchase of Samsung…
forex news Brent oil near 2-year highs as OPEC’s compliance with cuts improves Yomna Yasser Nov 1, 2017 0 Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with…
International News White House chief of staff calls for special counsel to probe Democrats Yomna Yasser Oct 31, 2017 0 White House Chief of Staff John Kelly said on Monday a special counsel should be appointed to investigate…
forex news US crude surges 2.4%, settling at 8-month high of $53.90, on hopes OPEC will extend output… Yomna Yasser Oct 28, 2017 0 Oil prices surged higher on Friday on support among the world's top producers for extending a deal to cut output.…