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Microsoft goes mainstream to win phone share
Microsoft lanches lower-priced smartphone in United States to win market share from Apple Inc and Samsung Electronics
ECB cuts interest rates, open to further action
European Central Bank cuts interest rates for first time in 10 months in response to euro zone inflation and rising unemployment
BG reassures on projects as earnings beat consensus
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
Britain to quiz Google and auditor again on tax
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
Work-related injuries, deaths under-reported in Egypt: Experts
New figures released by govt statistics agency reveal sharp decline in work-related accidents in 2011; experts, however, question data's veracity
Negotiations with Egypt's OCI on hold: Finance minister
El-Morsi Hegazy says the Egyptian government is keen to settle the tax dispute with Orascom Construction Industries 'amicably'
BP replacement cost profits more than triple
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
Egypt says Qatar asking 5 pct interest on $3 bln bonds
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
Economy
Egyptian billionaire Sawiris returns home to warm welcome
Billionaire Naguib Sawiris warmly received by envoys of President Mohamed Morsi upon his arrival in Cairo on Friday
7 Comment(s)
OCI reaches settlement with Egypt govt, travel ban on Sawiris lifted
'My family is targeted by Brotherhood': Egypt business tycoon Naguib Sawiris
Egypt stocks surge on OCI tax settlement
News of Egypt's largest company tax dispute settlement drove index up, despite failure of EFG Hermes-QInvest merger deal
OCI issues $1.2 billion in bonds on US market
The parent company of Egypt's largest listed firm says bond proceeds will be used to finance fertiliser complex in Iowa
Egypt Islamic bonds could attract $15 bn annually: Finance official
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
EFG-Hermes merger deal with Qatar's QInvest expires
Country's leading investment house blames devolopment on failure to obtain Egyptian Financial Supervisory Authority's approval before expiry of year-old agreement deadline
Egypt-IMF deal pending updated reform plan: IMF official
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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