New Sales force And Google Partnership Shakes Up The Cloud Race
Marc Benioff and Salesforce are partnering with Google in one of cloud computing’s highest profile alliances yet — one that could send aftershocks through the...
These are the 17 countries with the safest banks in the world
Since the financial crisis, the global banking sector has been forced to cut down on its excesses, lending more conservatively and just generally taking...
A new Medical joint venture between an Egyptian and a British company
A new medical joint venture between an Egyptian and a British company to launch a state-of the-art- facility to produce catheters is set to...
SoftBank earns $3 billion in 5 months and pushes new investments towards an AI...
SoftBank has made roughly $3 billion in profit from investments through its five-month- old, $100-billion Vision Fund, CEO Masayoshi Son said Wednesday while onstage...
General Electric cuts profit outlook ahead of turnaround plan
General Electric has slashed its profits guidance after posting a quarterly loss due to weak trading in two key divisions. The industrial group it...
CBE Governor : Egyptian banking system is Strong
Governor of the Central Bank of Egypt (CBE) Tarek Amer asserted that the Egyptian banking system is very good and strong.
Addressing a joint conference...
UPS CEO says updated NAFTA better for economy than no trade treaty
The top executive of United Parcel Service Inc (UPS.N) said early this week he is optimistic the U.S., Canadian and Mexican governments can successfully...
11 companies affiliated to holding companies record EGP 4.5 billion net profits
Eleven companies affiliated to the Holding Company for Maritime and Land Transport and the Holding Company for Tourism, Hotels and Cinema have recorded a...
US companies to increase investments in Egypt
Minister of Investment and International Cooperation Sahar Nasr met on Friday with representatives of General Electric, AbbVie pharmaceuticals, Johnson, Cargill, Merck & Co. pharmaceutical...
Port Said Container Cargo Handling Company exceeds one billion EGP in total revenue
The Port Said Container and Cargo Handling Company, one of the Holding Company for Maritime and Land Transport’s companies operating under the Ministry of...
Egypt’s bank deposits rise 43% in May
The data of the Central Bank of Egypt (CBE) showed a rise in total bank deposits during May 2017, by 43% year-on-year.
Deposits amounted to...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...