Sawiris’ Orascom Construction incurs $334 m net loss in 2015
Orascom Construction Limited, owned by Egyptian tycoon Nassef Sawiris, reported $ 334.4 million loss according to…
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Bangladesh hack ‘targeted bank system software’
British defence contractor BAE Systems has claimed bank hackers in Bangladesh targeted software from Swift, a key…
Panama raids Mossack Fonseca property, seizes shredded papers
Panamanian investigators on Friday raided a property used by Mossack Fonseca, the law firm at the center of a…
Finance ministry adopts ‘stable’ tax policies to lower Egypt’s deficit,…
Egyptian Finance Ministry is to adopt clear and stable tax policies within the coming period to reach government's…
France eyes partaking in Egypt’s new capital city project
A delegation of French businessmen and representatives of companies operating in construction, financial…
Government plans lowering Egypt’s GDP financial deficit to 8.5% by 2018-19
Egyptian government targets lowering financial deficit to 8.5 percent of country's GDP by the end of fiscal year…
Egypt’s Orascom Development turns into losses of $23mn in FY 2015
Egypt- based Orascom Development Holding (ODH) has turned into loss during fiscal year 2015 to incur net losses of…
Egypt’s Orascom Development turns into losses of $23mn in FY 2015
Egypt- based Orascom Development Holding (ODH) has turned into loss during fiscal year 2015 to incur net losses of…
‘Panama Papers’ revelations trigger global probes
Several countries have launched tax evasion probes after a massive leak of confidential documents lifted the lid on…
Huawei profits hit $60.8 billion in 2015
Huawei announced Friday its financial results for 2015. In a full detailed report included that its Carrier,…
