Toshiba Corp said on Wednesday it has agreed to focus on selling its prized chips unit to …
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Banks
UK banks call for mutual recognition agreement with EU after Brexit
by Yomna Yasserby Yomna YasserBritain and the European Union should accept each other’s rules governing financial services in a “flexible” trade …
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forex news
Euro inches higher ahead of ECB; loonie stands tall after BoC rate hike
by Yomna Yasserby Yomna YasserEuro prices held firm on Thursday ahead of a European Central Bank policy meeting, while the Canadian …
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Egypt News
Germany to help fund job training, improve refugee facilities in Egypt
by Yomna Yasserby Yomna YasserAccording to an agreement signed by Egypt and Germany in Berlin on Sunday, Germany will provide Egypt …
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Industry & Trade
McDonald’s to close 169 outlets in India in franchise battle
by Yomna Yasserby Yomna YasserMcDonald’s India has announced it will close nearly 170 McDonald’s outlets in northern and eastern India after …
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Egyptian Minister of Trade and Industry Tarek Qabil said Tuesday that trade relations with Turkey should be …
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Real Estate
Five contractors win a mandate for Hyde Park’s New Cairo flagship
by Yomna Yasserby Yomna YasserEgypt’s Hyde Park Properties for Development (HPD) signed Wednesday an agreement worth more than 1.5 billion Egyptian …
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MENA News
Saudi Arabia still sees no role for Assad in Syrian transition
by Yomna Yasserby Yomna YasserSaudi Arabia, a main backer of Syrian rebels, said on Sunday it still supported an international agreement …
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Egypt’s President Abdel Fattah al-Sisi announced that the country’s foreign reserves are now close to $35 billion. …
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The United States and Qatar signed an agreement on Tuesday aimed at combating the financing of terrorism, …