Tech news VR headset shipments expected ‘to boom’ in 2016 Ghada Ismail Apr 23, 2016 0 More than nine million virtual reality (VR) headsets will be shipped in 2016, suggests research by analyst firm…
Financial Institutions Egypt’s insurance sector posts $822 mn in 2015 aya salah Apr 4, 2016 0 Egypt’s insurance sector needs bolstering from the Egyptian cabinet, however the life insurance market has…
Tech news Huawei profits hit $60.8 billion in 2015 Ghada Ismail Apr 2, 2016 0 Huawei announced Friday its financial results for 2015. In a full detailed report included that its Carrier,…
Tech news DHL: Africa’s slight economic slowdown will not deter investment Ghada Ismail Apr 2, 2016 0 The World Bank's January 2016 Global Economic Prospects reported that Sub-Saharan Africa's real Gross Domestic…
Tech news ICT sector contributes 5.7% to Egypt’s GDP by 2020: study Ghada Ismail Mar 28, 2016 0 Egypt’s telecommunication and information technology market is expected to enormously grow by 2020 contributing…
Banks QNB AlAhli Leasing eyes 30-percent growth in 2016 aya salah Feb 28, 2016 0 QNB AlAhli Leasing Company aims to achieve a 30-percent growth rate during the current year, its chairman Abdel…
Egypt News Egypt cuts economic growth forecast, ups deficit target aya salah Feb 24, 2016 0 Egypt lowered its economic growth forecast to a range of 4 to 4.25 percent for the current fiscal year ending on…
Banks CBE launches EGP 5 bln programme for medium size enterprises aya salah Feb 23, 2016 0 The Central Bank of Egypt has allocated EGP 5 billion ($647 million) for the banks to loan to medium sized…
USA Growth worries, rate hike uncertainty pull Wall Street down Noha Gad Feb 9, 2016 0 U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares,…
World Asian shares slip as crude resumes drop Noha Gad Feb 2, 2016 0 Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data…