Industry & Trade Toshiba takes $2.3 billion writedown on U.S. nuclear unit Westinghouse Noha Gad Apr 26, 2016 0 Japan's Toshiba Corp (6502.T) said on Tuesday that it booked an impairment charge of $2.3 billion for the past…
Tech news Dell’s SecureWorks valued at $1.42 billion in year’s first tech IPO Ghada Ismail Apr 11, 2016 0 Dell Inc's cyber security unit, SecureWorks Corp, could be valued at up to $1.42 billion in its initial public…
MENA News Syrian rebel splits deepen after failed ‘merger’ with al Qaeda arm Noha Gad Jan 30, 2016 0 The leader of al Qaeda's Syrian wing tried unsuccessfully at a recent meeting to convince rival Islamist factions…
Tech news Vodafone starts preparations for IPO of Indian unit Noha Gad Nov 11, 2015 0 Britain's Vodafone said on Tuesday it had started preparations to float its Indian unit as it reported a return to…
Industry & Trade Toshiba to sell sensor business to Sony, overhaul chip unit Noha Gad Oct 28, 2015 0 Japan's Toshiba Corp said on Wednesday it will sell its image sensor business to Sony Corp and overhaul its…
Financial Institutions SFD eyes Small Enterprises Licence Unit in Suez Canal’s HQ Noha Gad Aug 3, 2015 0 Egypt's Social Fund for Development (SFD) is ready to establish a licence unit for the small enterprises in Suez…
Banks Stifel in Negotiations to buy Barclays’ U.S. Wealth Unit- Reuters Noha Gad May 30, 2015 0 Investment bank Stifel Financial Corp (SF.N) is in advanced negotiations to acquire Barclays Plc's (BARC.L) U.S…
Real Estate Egypt PM delivers 1500 Low-income Housing Units in Badr City aya salah May 23, 2015 0 About 1500 residential units have been delivered on Saturday to low-income citizens in Badr City, in the presence…
Industry & Trade Rio Tinto to sell Aluminum Assets in $1 billion Deal: paper Noha Gad May 18, 2015 0 Global miner Rio Tinto (RIO.L) (RIO.AX) plans to sell some of its aluminum assets in a potential $1 billion deal,…
Industry & Trade Canada’s Bombardier eyes 20-30% rail unit IPO in Frankfurt – Reuters Noha Gad May 9, 2015 0 Bombardier Inc (BBDb.TO) is aiming to sell a 20- to 30-percent stake in its rail unit via an initial public…