BUSINESS

Saudi Arabia, Kuwait and the UAE have showered Egypt with billions of aid dollars since Islamist president was ousted.

Parent-subsidiary directive amendment agreed to end tax-dodging by European firms.

The Public Accounts Committee slammed Iain Duncan Smith's Department for Work and Pensions over PIP payments.

Vast natural gas reserves off Cyprus's southern shore will add further strain to historic Cyprus-Turkey feud.

Fancy saying "Yo" to your friends endlessly? Well the app might have security issues

China Life buys 10 Upper Bank Street in London from CWG parent company Songbird Estates

Royal Mail adds that TNT deliveries expansion would slash revenue by £200m.

Arvydas Arnasius, Acting Director General at Invest Lithuania told IBTimes TV that the country is primed to draw in more business from abroad and is an optimal place for more foreign direct investment.

Arvydas Arnasius, Acting Director General at Invest Lithuania speaks to IBTimes TV

Brent crude rallied to a new nine-month high on Friday but has not yet decisively broken the upside barrier of a downward channel.

Move comes after GE improved its bid as deadline just days away.

Lloyds Banking Group upped stake sale to 35% of TSB in London Stock Exchange debut.

ONS public finances data show May deficit hitting £10.8bn.

Shire confirmed its rejection of AbbVie offer, saying it undervalues company and its prospects.

Beijing to send four more oil rigs to South China Sea at time of heightened tensions over sovereignty

Norwegian Krone falls to fresh lows as Norges Bank hints at rate cut.

It is believed that Goodwin is still susceptible to vandalism threats

Marcel Brühwiler allegedly helped wealthy Belgians dodge taxes.

Restaurant and food business made famous by Fearnley-Whittingstall is raising cash.

The deal will mark the 15th settlement for the FHFA

Clients invested in mutual funds suffered heavy loss as their value declined about 40% over 2013.

Overall, more than five million workers have paid either too much or too little tax.

Pharmaceutical firm Bee Health expects new contracts to be worth 70% of 2014 turnover.

Precious metals break downtrend following cautious Fed policy announcement.

More than 76% shareholders in Westfield Retail Trust vote in favour of plan to split shopping centre business.

LSL Property Services shows how landlords rake in vast returns from rising rents and spiraling property prices.

Teachers not as exposed to the world of work as employers and so should welcome firms into schools, argues Siemens boss.

Malware claiming to be Google's own Play Store is avoiding detection while stealing your messages and banking details.

After years of western-imposed austerity, China could be Greece's knight in shining armour.