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Dead tourism may be revived - Egyptians

Days after the ousting of President Muhammad Mursi, local entrepreneurs said that the dead tourism industry may still be revived.


Forest Oil sells Texas fields that may raise US$1 Billion

Forest Oil Corp would sell its oil and natural gas fields in Texas Panhandle worth US$1 billion. Forest Oil Corp intended to sell its oil and natural gas fields that could be found in Texas Panhandle.

Lowth to Replace Jones as CFO of BG Group

Lowth, current CFO AstraZeneca, will leave this October to become the CFO and Executive Director of BG Group

Avis Budget buys Payless Car Rental for US$50 million in cash

Avis Budget Group Inc. bought Payless Car Rental for US$50 million in cash to increase its yearly generated income.


Latest News

Three countries pledged support for Egypt's dying economy. Three countries still believe in the conflicted country of Egypt. These nations - the Kingdom of Saudi Arabia, Kuwait, and the United Arab Emirates, expressed their support towards the Egypt saying that the North African country is "too big to fail.
Abbott Laboratories would purchase Idev Technologies and OptiMedica Corp. for around US$560 million as it expands its device offerings.
Kyle Massey is back in the spotlight as rumors spread about his health. Kyle Massey, a former Disney star, was at the spotlight after rumors of him having cancer spread over the internet.
The Royalty Exchange was able to secure series A capital funding from Grotech Ventures worth US$2.1 million.
Tencent and other Internet company in China led the highest close of the telecommunication industry in Hang Seng index since 2004
The South African investment company bought 75% of Egoli Gas through a deal completed in April. South African investment company Reatile Group completed in April a deal to purchase 75% of Egoli Gas Ltd.
Nautic Partners LLC said that it partnered with the management of Applied Consultants Inc to purchase Applied Consultants, Inc.
The Egyptian coup d'etat will do nothing to help the country's ailing economy, analysts said.
After the acquittal of Zimmerman, protests broke and gun sales increased. After the announcement of George Zimmerman's acquittal from his murder trial yesterday, the United States Justice Department said that they will be conducting further review on the case.
After his acquittal to the murder of a teenager, Zimmerman pursued his suing of NBC News. The acquittal of George Zimmerman allowed him to pursue his case against news network NBC News for the mis-editing of this police call prior to the shooting.