Tech news Samsung Electronics to freeze Salaries in Korea for First Time since 2009 Noha Gad Feb 26, 2015 0 Samsung Electronics (005930.KS) said on Thursday it will freeze its South Korean employees' wages in 2015 for the…
Tech news Cisco confirms Presence in Egypt Economic Summit Noha Gad Feb 25, 2015 0 Cisco Systems’ Egyptian arm will participate in Egypt's March Economic Summit triggered by the parent company’s…
Tech news Global Telecom narrows Net Losses by 84% in FY 2014 Yomna Yasser Feb 25, 2015 0 Egypt’s Global Telecom Holding (GTH) records a 84% fall in net loss to hit EGP 3.2 billion (US$419 million) net…
Tech news Telefonica Profit hit by Write-downs Yomna Yasser Feb 25, 2015 0 Telefonica SA on Wednesday reported a sharp drop in fourth-quarter net profit, weighed down by charges at its…
Tech news Samsung Electronics, China Trade Deal Give Boost to South Korea’s yuan Hub Ambitions Salma Ayman Feb 25, 2015 0 Tech giant Samsung Electronics gave a big boost on Wednesday to Seoul's ambitions to become a global hub for the…
Tech news Apple Ordered to Pay $533 Million For Patent Infringement Salma Ayman Feb 25, 2015 0 Apple Inc has been ordered to pay $532.9 million after a federal jury in Texas found that its iTunes software…
Tech news The Performance of Many Hedge Funds Just Comes Down to Owning Apple Salma Ayman Feb 24, 2015 0 In an equity environment where hedge funds are struggling to break even, Apple Inc. has played the role of…
Tech news Orange mulls increasing Egyptian Stake in Mobinil – CEO Yomna Yasser Feb 23, 2015 0 Orange SA’s acquisition of a bigger stake in Mobinil reflects its increasing confidence in the Egyptian economy,…
Tech news OTMT sells its Stake in Mobinil to Orange for €209.6 million Yomna Yasser Feb 23, 2015 0 Orange (formerly France Telecom) and Orascom Telecom Media and Technology Holding S.A.E. (OTMT) have agreed that…
Tech news Mobinil narrows Losses in FY2014, Revenues 3.2% up Yomna Yasser Feb 22, 2015 0 Egyptian mobile operator Mobinil has managed to narrow its losses for fiscal year ended on December 31. The…