Business
Saudi Aramco IPO on track for 2018: officials
October 5, 2017
Saudi Aramco IPO on track for 2018: officials
A plan to list Saudi Aramco in 2018 is on track, senior Saudi officials said in Moscow on Thursday, as…
Egypt to receive $2.1 bn funds from organizations: Minister
October 5, 2017
Egypt to receive $2.1 bn funds from organizations: Minister
Egypt is expected to receive funding in the coming months at a total of US$2.15 billion, including $1 billion from…
Saudi Arabia says it has a new investor: Richard Branson
October 4, 2017
Saudi Arabia says it has a new investor: Richard Branson
The Virgin founder toured Saudi attractions last week including heritage site Madain Saleh and a section of Red Sea coast…
Amazon must pay $295 million in back taxes, EU says
October 4, 2017
Amazon must pay $295 million in back taxes, EU says
The European Union is telling member state Luxembourg to get $295 million in back taxes from Amazon, in Brussels’ latest…
Saudi central bank paints rosy picture of economy
October 4, 2017
Saudi central bank paints rosy picture of economy
Officials of Saudi Arabia’s central bank, holding a rare news conference on Wednesday, painted a highly positive picture of the…
US dollar records stable prices in Tuesday dealings
October 3, 2017
US dollar records stable prices in Tuesday dealings
The US dollar exchange rate was stable against the Egyptian pound at the beginning of Tuesday morning trading. According…
Oil prices fall for second day on oversupply concerns
October 3, 2017
Oil prices fall for second day on oversupply concerns
Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs…
Nissan to recall all new cars sold in Japan in last 3 years
October 3, 2017
Nissan to recall all new cars sold in Japan in last 3 years
Nissan Motor Co Ltd (7201.T) will recall all 1.2 million new passenger cars it sold in Japan over the past…
New CEO of Uber to meet with London transport officials
October 3, 2017
New CEO of Uber to meet with London transport officials
The new CEO of Uber will meet with London transport officials, just days after they refused to renew the cab-hailing…
Why is Ikea buying TaskRabbit? Think about it
October 2, 2017
Why is Ikea buying TaskRabbit? Think about it
Ikea furniture may soon get a lot easier to put together. On Thursday, Ikea said it has acquired TaskRabbit, the…