PRESS DIGEST- British Business - March 28
March 28 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
CAIRO, March 13 The board of Telecom Egypt has recommended a dividend of 1 Egyptian pound ($0.0560) per share for 2016, up from 0.75 pounds a year ago, a company official told Reuters on Monday.
The firm posted a net profit of 2.672 billion Egyptian pounds ($151.4 million) in 2016 versus 2.999 billion pounds a year earlier, the company said in a statement in local newspapers on Monday.
Revenue in 2016 rose to 14.133 billion pounds from 12.184 billion a year earlier ($1 = 17.8500 Egyptian pounds) (Reporting by Ehab Farouk; Writing by Asma Alsharif; Editing by Vyas Mohan)
March 27 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
SAN FRANCISCO, March 27 National Football League team owners gave the green light to the Raiders to move to Las Vegas from Oakland, paving the way for the building of a new, $1.9 billion stadium in Sin City, the NFL said on Monday.