Africa News World Bank approves $600m for Morocco Aya Anwar Jun 25, 2024 0 The World Bank has approved $600 million for Morocco to fund two projects to enhance public service delivery,…
Featured Masr Capital restructuring 25 firms ahead of IPO on Egypt SME bourse Islam Salah & Gehad Abdelghany Aug 21, 2019 0 Egypt’s Masr Capital for Projects Valuation and Assets Administration is restructuring around 25 firms ahead of…
Industry & Trade Egypt to hold international tender for Iron and Steel restructuring in 6 weeks Yomna Yasser Feb 8, 2017 0 Egypt will hold an international tender for restructuring one of the country’s largest public companies, Egyptian…
Banks Egypt’s NIB bank appoints CI Capital to advise on restructuring Yomna Yasser Feb 6, 2017 0 Egypt’s state-owned National Investment Bank has appointed leading local investment bank CI Capital to advise it on…
Tech news Ericsson says Swedish staff cuts running ahead of plan Ghada Ismail Dec 8, 2016 0 Swedish telecom equipment maker Ericsson said on Thursday sweeping staff cuts in its Nordic home market were…
Tech news Samsung Electronics to consider split: Seoul Economic Daily Ghada Ismail Nov 28, 2016 0 South Korea's Samsung Electronics Co Ltd will consider splitting itself into two as proposed by U.S. activist…
Tech news Orange to unveil Egyptian unit’s debt restructuring strategy in January Ghada Ismail Nov 24, 2016 0 Orange Egypt will announce next January a new strategy for debt restructuring plan in coordination with the parent…
Tech news No partner in sight, Twitter faces tough solo choices Ghada Ismail Oct 22, 2016 0 The apparent lack of interest in Twitter Inc by potential suitors may force the social media company to consider…
Banks ING to cut 7,000 jobs in cost-cutting plan Ghada Ismail Oct 3, 2016 0 ING Groep NV on Monday became the latest European lender to announce a new round of layoffs and restructuring as…
Tech news Sharp first quarter loss declines on cost cuts, but revenue plunges by a third Ghada Ismail Jul 30, 2016 0 Japanese electronics maker Sharp Corp reported a smaller first-quarter loss helped by restructuring and cost…