IDC and Gartner announced this week their worldwide PC market share rankings for the 2nd quarter of …
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Financial Institutions
Bank of America sets new cost target under pressure from low rates
by Noha Gadby Noha GadBank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set …
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Real Estate
China Q2 residential land prices increase more than in first-quarter: ministry
by Ghada Ismailby Ghada IsmailChina’s residential land prices rose faster in the second quarter than in the previous three months, while …
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Industry & Trade
China Q2 economic growth seen cooling to 6.6 %, weakest in seven years
by Noha Gadby Noha GadChina’s economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter …
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Industry & Trade
Ezz Dekheila Steel swings to losses in three months
by Ghada Ismailby Ghada IsmailAL Ezz Dekhela Steel – Alexandria (IRAX.CA) suffered notable losses in the first quarter of the financial year 2016, …
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Saudi Arabia’s economy expanded at its slowest rate in three years during the first quarter of 2016 …
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International News
China foreign debt falls as yuan depreciation fears resurface
by Noha Gadby Noha GadChina’s outstanding foreign debt fell by $51.7 billion in the first quarter to $1.36 trillion, the foreign …
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Egypt’s exports of rubber products declined by 29 percent to 146.6 million Egyptian pounds (US$16.5 million) in …
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Industry & Trade
Egypt’s Juhayna to manufacture European dairy maker Arla Foods products in Q4
by Noha Gadby Noha GadEgyptian dairy maker Juhayna for Food Industries plans to start manufacturing some products of European leader in …
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Egyptian chemical exports declined by 10 percent during the first quarter of 2016 to 226.9 million Egyptian …