Banks Egypt paid $30 bln in loans last year: c.bank Yomna Yasser Jan 4, 2018 0 Sources in the Central Bank of Egypt (CBE) announced on Wednesday that Egypt paid $US30 billion to foreign bodies…
Banks Bank of England staff walk out in first strike action for 50 years over pay dispute Yomna Yasser Aug 1, 2017 0 Workers at the Bank of England (BOE) walked out Tuesday on strike for the first time in five decades, over a pay…
Financial Institutions Moody’s pays $864 million to U.S., states over pre-crisis ratings Noha Gad Jan 15, 2017 0 Moody's Corp (MCO.N) has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over…
International News Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’ Noha Gad Dec 31, 2016 0 A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440)…
Tech news Citigroup plans tie-up with Singapore ride-hailing app Grab Noha Gad Aug 23, 2016 0 Citigroup is working on a partnership with Grab, the Singapore-based ride-hailing app that has become one of…
Tech news Taiwan asks Uber to pay bill in sales tax stand-off Ghada Ismail Aug 20, 2016 0 Taiwan has asked Uber Technologies to pay a sales tax bill estimated by local media to be up to about $6.4 million,…
Tech news Payout of $10,000 for Windows 10 upgrade Ghada Ismail Jun 28, 2016 0 Microsoft has agreed to pay a Californian woman $10,000 (£7,500) after an automatic Windows 10 update left her…
Tech news Tata ordered to pay NTT DoCoMo $1.2 billion in arbitration award for JV stake Ghada Ismail Jun 25, 2016 0 India's Tata Sons Ltd has been ordered to pay NTT DoCoMo Inc $1.2 billion to buy DoCoMo's stake in its mobile phone…
Banks HSBC to pay $35 million to resolve yen Libor litigation in U.S. Noha Gad Jun 18, 2016 0 HSBC Holdings Plc (HSBA.L) will pay $35 million to end private U.S. antitrust litigation claiming that it harmed…
Tech news Uber to pay $7.5 million to settle driver lawsuit Ghada Ismail Jun 16, 2016 0 Uber has agreed to pay $7.5 million to settle a lawsuit brought by drivers over background checks conducted by the…
Industry & Trade Egyptian EGAS not to pay $270mn-fine for gas cuts at LNG plant Noha Gad Jun 14, 2016 0 The French International Court of Arbitration ruled Tuesday that Egyptian Natural Gas Holding Company (EGAS) not to…
Tech news Yahoo chief’s $55m severance deal revealed Ghada Ismail May 3, 2016 0 Yahoo chief executive Marissa Mayer will receive $54.9m (£37.4m) in severance pay if she loses her job in the sale…
International News Johnson & Johnson ordered to pay $55 million in talc-powder trial Noha Gad May 3, 2016 0 Johnson & Johnson (JNJ.N) was ordered by a U.S. jury on Monday to pay $55 million to a woman who said that…
Tech news Apple Pay now available for Barclays customers in UK Ghada Ismail Apr 6, 2016 0 UK-based Barclays customers can now use Apple Pay, nine months after the digital wallet service was first launched…
Tech news Google to pay $185 million UK back taxes, critics want more Noha Gad Jan 23, 2016 0 Google said on Friday it agreed to pay the UK tax authority 130 million pounds in back taxes, prompting criticism…
Egypt News Egypt’s justice minister al-Zind might have violated the constitution? aya salah Dec 12, 2015 0 Lawyer Taher Abu al-Nasr filed an appeal to Egypt’s administrative court Thursday against Justice Minister Ahmed…
Industry & Trade Fiat Chrysler to pay $70mn auto safety fine- Reuters Noha Gad Dec 10, 2015 0 Fiat Chrysler Automobiles NV (FCHA.MI) (FCAU.N) has agreed to pay $70 million in fines to resolve a U.S.…
Tech news Samsung to pay Apple $548mn in patent dispute Noha Gad Dec 5, 2015 0 Samsung fought until the bitter end to avoid paying Apple, but the company now says it will finally hand over the…
Banks World Bank Expects To Pay $1 Bln Loan To Egypt In Dec Amwal Al Ghad English Nov 19, 2015 0 The World Bank expects to make a $1 billion development policy loan available to Egypt in December if all goes to…
Tech news Twitter to pay Kordestani annual base salary of $50,000 Noha Gad Oct 17, 2015 0 Twitter Inc said it would pay new Executive Chairman Omid Kordestani an annual base salary of $50,000 and a…
Egypt News Egyptian c.bank initially permits Russian tourists to pay in ruble Noha Gad Oct 15, 2015 0 Egyptian Central Bank (CBE) has given the initial approval on allowing Russian tourists to pay for package holidays…
Industry & Trade GM to pay $900 million, settle U.S. criminal case over ignition switches Noha Gad Sep 17, 2015 0 General Motors Co (GM.N) has agreed to pay $900 million and sign a deferred-prosecution agreement to end a U.S.…
Tech news Yahoo may have to pay taxes on Alibaba spinoff Noha Gad Sep 9, 2015 0 Yahoo Inc (YHOO.O) may have to pay taxes on the $23 billion it hopes to get from the planned spinoff of its stake…
Egypt News Sisi’s Challenge Grows as Egypt Mandarins Object to Lower Pay Noha Gad Sep 1, 2015 0 Amina Mostafa voted for Abdel-Fattah El-Sisi last year, seeing a “strong man” who could take Egypt forward. But…
International News Greece pays ECB on maturing government bond: government source Noha Gad Aug 20, 2015 0 Greece made a 3.2 billion euro ($3.56 billion) payment to the European Central Bank on a maturing government bond…
Financial Institutions Egypt’s Insurance Firms pay $817mln Compensations in Q1 Noha Gad Jul 28, 2015 0 The total volume of compensations paid by insurance firms working in Egyptian market hit EGP 6.442 billion (US$…
International News Greece will not pay IMF on Friday without Prospect of a Deal: lawmaker Noha Gad Jun 3, 2015 0 Greece will not make a June 5 loan repayment to the International Monetary Fund if there is no prospect of an…
Industry & Trade BP To Pay Some Exploration Costs For UAE’s Dana Gas In Egypt Amwal Al Ghad English Jun 2, 2015 0 The United Arab Emirates' Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the…
Sports Footballer Paul Anderson offers a Fan Damage Payment Administrator May 11, 2015 0 A footballer has offered to pay for damage caused when a fan momentarily "lost it" and punched a hole in a ceiling…
Banks Goldman to pay $130 mln Forex Settlement Noha Gad May 9, 2015 0 Goldman Sachs Group Inc. is expected to pay $129.5 million to settle its slice of a lawsuit accusing banks of…
Banks Morgan Stanley To Pay Smaller Proportion Of Revenue In Bonuses Amwal Al Ghad English Jan 21, 2015 0 Wall Street investment bank Morgan Stanley said it would pay a smaller portion of revenue in bonuses to its bankers…
Egypt News Egypt To Pay $1.5 Bln Owed To Oil Companies By Year-End –Minister Amwal Al Ghad English Jun 26, 2014 0 Egypt will pay $1.5 billion of the money it owes to foreign energy companies by the end of 2014, its oil minister…
Tech news Apple, Google, Intel, Adobe To Pay $325 Million To Settle Hiring Lawsuit Amwal Al Ghad English May 24, 2014 0 Four major Silicon Valley companies have formally agreed to pay $324.5 million to settle claims brought by…
Egypt News Egypt To Pay Some $1 Bln Owed Oil Firms Within Two Months – Minister Amwal Al Ghad English Apr 23, 2014 0 Egypt will pay about USD 1 bln of the money it owes to foreign oil companies within the next two months, the…
Banks CBE: Egypt Is Committed To Pay All International Debts Amwal Al Ghad English Oct 27, 2013 0 Governor of the Central Bank of Egypt (CBE), Hisham Ramez asserted that the value of deposits in Egypt's Support…
Egypt News Egypt To Pay $ 6 Billion Energy Debts Before Year-End Amwal Al Ghad English Sep 23, 2013 0 Egypt is planning to soon reach an agreement to repay the more than $6 billion it owes international energy…
Internet News Google Pays Cash to Get Hacked Administrator Apr 24, 2012 0 Many of the Web giant's products are susceptible to attacks, and that's why the Web giant says it will now pay up…
Internet News Google Chairman Compensation Reaches $101m Administrator Apr 22, 2012 0 Google Chairman Eric Schmidt was paid $101 million last year, including stock awards and options that vest over a…
Tech news Motorola CEO’ Compensation Rises to $47mln in 2011 Administrator Apr 22, 2012 0 Sanjay Jha, the chief executive to Motorola Mobility, was awarded a total compensation package of about $47 million…
Tech news Toshiba Pays $850m for IBM’s Retail Products Unit Administrator Apr 18, 2012 0 Japanese electronics giant Toshiba said Tuesday it would pay about $850 million for IBM's retail products unit,…