Business News

Egypt’s Midor signs $1.2 billion loan agreement

Tue Feb 23, 2016/Reuters Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed an initial loan agreement with three banks for $1.2 billion, the state news agency said on Tuesday. The loan represents around 80 percent of the cost of its $1.4 billion Alexandria refinery lab expansion, while the […]

Orange, Google sign strategic partnership to increase access to mobile internet services across Africa, Middle East

February 22, 2016/APO/Orange Orange today announces a new partnership with Google™ to bring the best of mobile internet across its full African and Middle Eastern (Orange MEA) footprint. By combining the strength of Orange’s mobile network and mobile expertise with Google’s mobile applications, the move offers customers the best of […]

MasterCard Partners with CU Wallet to Deliver Customized Digital Wallet Service for Credit Unions

February 22, 2016/MasterCard With shoppers adopting digital wallets at a rapid pace, MasterCard and CU Wallet are partnering to deliver a customized digital service to credit unions. CU Wallet will speed the development and deployment of mobile wallets and payment solutions for community financial institutions by offering the MasterPass™ digital […]