Tech/AI McDonald’s Q4 sales growth slows as Mideast boycotts bite Yomna Yasser Feb 5, 2024 0 McDonald’s Corp.’s sales for the fourth quarter of 2023 have missed investor expectations as growth decelerated,…
Featured McDonald’s Egypt sales drop by 70% amid boycotts Sama Mousa Nov 24, 2023 0 McDonald’s Egypt sales dropped by 70 percent amid the ongoing boycott over the company’s support to Israel, a…
Money McDonald’s shuts US offices temporarily, prepares layoffs Sama Mousa Apr 3, 2023 0 McDonald’s Corp. is temporarily closing down its US offices this week to prepare for informing employees of its…
Featured McDonald’s to invest EGP 250 mln in Egypt in 2021 Sanaa Allam Dec 15, 2020 0 Fast food giant McDonald’s Egypt franchise, McDonald’s Manfoods Egypt, plans to invest 250 million Egyptian pounds…
Industry & Trade McDonald’s sells most of China, HK businesses to CITIC, Carlyle for $2.1b Noha Gad Jan 9, 2017 0 McDonald's Corp (MCD.N) has agreed to sell a majority stake in its China and Hong Kong businesses to state-backed…
International News Brexit vote fuels a feeling of uncertainty regarding world economy sectors aya salah Jun 26, 2016 0 Britain's vote to leave the European Union adds a heavy dose of uncertainty to a world economy that is still…
Industry & Trade McDonald’s gets bids for China, HK stores sale in up to $3 billion deal –… Noha Gad Jun 22, 2016 0 McDonald's Corp (MCD.N) has received more than half a dozen bids for its China and Hong Kong stores, including…
Industry & Trade McDonald’s nears deal to shift headquarters to Chicago Noha Gad Jun 2, 2016 0 McDonald's Corp (MCD.N) is nearing a deal to shift its headquarters to the former Harpo Studios campus in Chicago…
Industry & Trade U.S. Tyson Foods to cut Human Antibiotics in Chicken Flocks by 2017 Noha Gad Apr 28, 2015 0 Tyson Foods Inc (TSN.N), the largest U.S. poultry producer, plans to eliminate the use of human antibiotics in its…
Industry & Trade New President of Mcdonald’s Has Been Announced Yomna Yasser Aug 24, 2014 0 The famous fast food giant McDonald’s Corp. named its new president. Mike Andres, 56, will take over the position…