Latest Business News
Toshiba turns corner after accounting scandal
Japanese electronics company Toshiba has said it's swung to a profit in…
South Korean president issues pardons to lift the economy
The South Korean president has granted pardons to thousands of people who'd…
German economy logs moderate growth
While losing some of its previous momentum, the German economy is still…
Value of 1st IMF tranche not determined yet: Finance Minister
Value of 1st tranche to be determined during coming 4 to 6…
EU probes Dow-DuPont merger
A planned mega-merger between two of the oldest companies in the United…
ARCO Egypt launches 1st phase of Citystars Al Sahel at EGP 2bn cost
CityStars Al Sahel’s total investments to reach EGP 11bn, to be completed…
EFG Hermes revenues up 10% y-o-y
Increase due to higher fee, commission income, rising contributions from leasing business,…
Alibaba Q1 revenues jump 59 percent, stocks soar
Shares in the Chinese e-commerce giant Alibaba jumped more than 5 percent…
Siemens’ 1st HRSG modules to arrive in Egypt mid September
NEM to deliver 24 HRSGs to power plants in Beni Suef, Burullus,…
Finance Ministry chooses Dechert to offer US dollar bonds abroad
7 global law firms submitted bids, says government source