Suez Canal Bank completes EGP 5.8bn in Sharia-compliant sukuk issuances    AAIB, Al Ahly Pharos to manage EGP 20bn securitization bond programme for Tameer Misr    Famine ravages Gaza as Israeli siege enters 3rd month    US, China commence sensitive trade negotiations in Geneva    European leaders visit Kyiv amid calls for Ukraine ceasefire, peace talks    Egypt signs agreement with France to upgrade Hermel Oncology Hospital    PM Madbouly inspects, inaugurates key projects in Suez Canal Economic Zone    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    English version of Egypt's tax facilitation initiative laws – full text    UK to seal 1st post-tariff war trade deal with US    Egypt's FM urges stronger African role in global governance    Egypt, Japan discuss ICT cooperation, AI strategy alignment    Egypt, Bahrain discuss enhanced pharmaceutical cooperation    Egypt's EHA partners with Danone Egypt on clinical nutrition    Qatar holds key interest rates steady    Minister of Health discusses strengthening healthcare partnership with AFD    Egypt voices deep concern over India-Pakistan escalation    Egypt inks deal with Merck to advance healthcare training    Health Minister orders expansion of residency training programmes to strengthen medical workforce    Al Ismaelia, Coventry University Cairo partner on urban development education    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Microsoft says UK staying in EU important for investment
Published in Amwal Al Ghad on 18 - 05 - 2016

Microsoft said on Tuesday that Britain should stay in the European Union if it wanted to receive more investment, the same day the Confederation of British Industry urged firms to discuss the vote with staff.
The U.S. software giant employs 5,000 staff in Britain and plans to offer Europeans remote access to data from centers based in Britain, but said further investment could be at risk if Britain votes to leave the EU in next month's referendum.
"Our view is that the UK should remain in the EU," Microsoft's UK chief executive Michel Van der Bel said on the firm's website. "The UK remaining in the EU supports important criteria for continued and future investment by Microsoft and others."
The CBI, which also says there is a strong economic argument for Britain to stay in the EU, said firms should discuss the issues with their employees.
"Responsible business leaders should give their employees the choice to hear what impact a Brexit would have on company growth, their jobs and their local community," CBI director-general Carolyn Fairbairn said.
"This is not about telling people how to vote but having calm, evidence-based conversations, whichever camp the business is in, or if they are neutral."
Opinion polls in recent days have shown a wide range of results, with some showing moderate leads for those planning to vote "Out" on June 23, and others showing a majority for "In".
Source: Reuters


Clic here to read the story from its source.