Sony raises earnings outlook, expects best-ever annual profit
Japan’s Sony Corp lifted its full-year operating income forecast on Tuesday, expecting to book its highest-ever…
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Report: Egypt’s non-oil sector sees an increase in exports
Egypt’s non-oil private sector saw a fractional decline in new orders during August, new export work increased…
Uber’s open COO job in the spotlight amid leadership void
With Chief Executive Travis Kalanick taking a leave of absence from Uber Technologies Inc, the vacant job of…
149 Danish firms operating in Egypt: GAFI
The number of Danish firms operating in Egypt has reached 149, head of the Egyptian investment authority GAFI said…
Cairo Chamber: Al Robeky Leather Zone to operate at full capacity by 2017
Al Robeky zone for leather tanneries is expected to start operating at full capacity by 2017, Head of Tannery…
15 Arab banks, 7 joint Egyptian-Arab banks operating in Egypt: CBE
Fifteen Arab banks are operating in the Egyptian market, in addition seven joint Egyptian-Arab banks, which are…
BlackBerry seals software deal with Ford, first with an automaker
BlackBerry Ltd has signed a deal to work directly with Ford Motor Co to expand the carmaker's use of its QNX secure…
Sharp forecasts first annual operating profit in three years
Japan's Sharp Corp on Tuesday forecast its first annual operating profit in three years after it cut jobs and…
Sony’s quarterly profit drops as quake impact lingers
Japan's Sony Corp on Tuesday reported a 48 percent drop in operating profit for the July-September quarter as…
Iraq’s oil minister wants country to increase output in 2017
Iraq's oil minister has urged oil and natural gas producers operating in the country to continue increasing output…
Shell lowers investments in Egypt’s Borollos, Rasheed concessions to $159m
Royal Dutch Shell reduced its investments for the current fiscal year (FY) in Borollos and Rasheed concessions to…
Banks in Egypt to finish ranking SMEs, microenterprises by end of August
Banks operating in the Egyptian market will finish classifying the small- and medium-sized enterprises (SME) and…
Toyota cuts full-year operating profit forecast on stronger yen
Toyota Motor Corp (7203.T) cut its full-year forecast for operating profit, expecting it to fall 44 percent from a…
E-finance begins automating agricultural holdings documents
e-finance, a company that specialises in operating financial facilities, began implementing the system to automate…
Volkswagen reports H1 operating profit of $8.3 billion
Volkswagen (VOWG_p.DE) reported on Wednesday its operating profit came to 7.5 billion euros ($8.3 billion) in the…
Ericsson Q2 op profit falls short of expectations
Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations…
LG Electronics says Q2 operating profit likely at two-year high
South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high,…
Private banks lift interest on deposits, savings accounts in Egypt
Private banks operating in the Egyptian market decided against increasing interest rates on their savings…
22 Egyptian construction firms operate in Africa: official
The number of Egyptian construction firms operating in African countries is totalling 22 in addition to the…
Chinese users knock Microsoft’s push for Windows 10 upgrade: Xinhua
Chinese users of Microsoft products are criticizing the software company's push to get them to mandatorily…
Apple handles iOS 9.3 update glitch
iPhone and iPad owners locked out of their devices because of a problem with Apple's latest mobile operating system…
New Suez Canal saves “5-10% of total operating costs”- Intesa Sanpaolo report
Egypt's New Suez Canal has led to a decrease in transit time from 18 to 11 hours, which will be reflected on the…
PlayStation 4 sales help Sony swing to Q2 operating profit
Sony Corp swung to a second-quarter operating profit as strong PlayStation 4 videogame sales helped to offset a…
Russia says checking claim its plane violated Turkey’s airspace for second time
The Russian government is looking into an allegation that one of its jets operating in Syria violated Turkish…
Google morphs into Alphabet; Investors cheer Clarity
Google Inc (GOOGL.O) announced a surprise overhaul of its operating structure on Monday, creating a holding company…
Sony expects Operating Profit to Surge This Year
Sony Corp. on Thursday predicted a surge in operating profit for the current fiscal year, with its entertainment…
Petroleum Companies Operating In Egypt Have Reduced Gas Production: Ministry Report
Egypt’s natural gas production has declined by approximately 675 m cubic feet daily compared to last year,…
German Court Rules against Microsoft in Motorola Patent Case
A court in Mannheim ruled on Wednesday that Microsoft infringed Motorola Mobility's patents and ordered Microsoft…
Canon Increases its Full-Year Profit Forecast by 16%
Canon Inc. -the world’s biggest camera maker- increased its full-year profit forecast by 16 % to the highest in…
Google’s Page Describes Android as “Important but not Critical”
The Android Smartphone operating system is a very important asset for Google, but it is not critical, Google's…
Mobily’s Net Income Increases by 21%
Saudi-based telecom operator, Etihad Etisalat (Mobily) has said its first-quarter net income rose 21% to SR1.21bn,…
Oracle and Google Executives on Court’s Stage
The chief executives of Oracle Corp and Google Inc took center stage in court on Tuesday as Google's lawyers argued…
Google: Oracle Shouldn’t Get Piece of Android
Oracle is trying to obtain a share of Android by asserting its intellectual property even though it had nothing to…