Last Update 14:40
Business
Microsoft lanches lower-priced smartphone in United States to win market share from Apple Inc and Samsung Electronics
European Central Bank cuts interest rates for first time in 10 months in response to euro zone inflation and rising unemployment
British oil and gas company quarterly earnings reassure investors after issues at fields in North Sea and Egypt had forced it to downgrade 2013 production forecast
Google and Ernst&Young; executives will be called again to British parliament committee to answer questions raised by Reuters report regarding Google's tax status in UK
New figures released by govt statistics agency reveal sharp decline in work-related accidents in 2011; experts, however, question data's veracity
El-Morsi Hegazy says the Egyptian government is keen to settle the tax dispute with Orascom Construction Industries 'amicably'
BP sees non-replacement cost net profit climb to $16.6 billion in the first quarter, against $5.7 billion in the same period last year
A source involved in the negotiations says Qatar asks for a 5 percent interest on the $3bn worth of bonds it pledged to buy from Egypt
Billionaire Naguib Sawiris warmly received by envoys of President Mohamed Morsi upon his arrival in Cairo on Friday  
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News of Egypt's largest company tax dispute settlement drove index up, despite failure of EFG Hermes-QInvest merger deal

The parent company of Egypt's largest listed firm says bond proceeds will be used to finance fertiliser complex in Iowa

The sovereign Islamic bonds law passed by the Shura Council Tuesday is expected to boost economic growth and employment figures, according to Ahmed El-Naggar

Country's leading investment house blames devolopment on failure to obtain Egyptian Financial Supervisory Authority's approval before expiry of year-old agreement deadline

IMF officials are awaiting updated figures from Egypt in order to re-assess the viability of the proposed $4.8 billion loan


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