Auto sales in Egypt slide 30% in Q1 2016
The volume of auto sales in the Egyptian market dropped by 30 percent during the first quarter of 2016, Chairman of…
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Strong U.S. retail sales, consumer sentiment data buoy economic outlook
U.S. retail sales in April recorded their biggest increase in a year as Americans stepped up purchases of…
Egypt establishes new company to manage its anticipated capital city
Egypt’s newly founded company responsible for the country’s new capital city has held late Sunday its first…
Japan Q1 GDP growth expected to be paltry on soft consumer spending
Japan's economy is expected to have barely grown in the first quarter, a Reuters poll showed on Monday, as stagnant…
Facebook loses round one in suit over storing biometric data
Facebook Inc lost the first round in a court fight against some of its users who sued the social networking…
Egypt to receive 1st LNG shipment from Russia’s Rosneft in May
Egyptian Natural Gas Holding Company (EGAS) is set to receive first Liquefied Natural Gas (LNG) shipment from…
Yen takes a step back, Australian dollar edges higher
The yen showed signs of fatigue on Thursday after stepping back from recent peaks, while the greenback was…
Facebook triples quarterly profits
Facebook shares have jumped after reporting a tripling of first quarter profits from a year earlier to $1.51bn.…
Deutsche Bank net income down 58% as investment bank slumps
Deutsche Bank (DBKGn.DE) posted a surprise net profit in the first quarter, helped by lower litigation costs,…
Etisalat Misr: Q1 revenues hit 2.8bn Egyptian pounds
The Egyptian unit of the UAE mobile operator Etisalat has posted first quarter revenues worth of 2.8 billion…
