MENA News Iraq parliament bans alcohol in a ‘surprise’ move Ghada Ismail Oct 23, 2016 0 Parliament in Iraq has voted to ban the sale, import and production of alcohol, with backers of the move arguing…
Industry & Trade Egypt produces 4.8m T of steel in eight months Noha Gad Oct 20, 2016 0 Egypt's total production of steel reached 4.801 million tonnes during the first eight months of 2016 versus 4.750…
Tech news Apple stock hits highest since December on Samsung Note 7 crisis Ghada Ismail Oct 11, 2016 0 Apple Inc's stock on Monday jumped 2.3 percent, reaching a high not seen since December, after rival Samsung…
Tech news Samsung ‘pauses Note 7 production’, say media reports Ghada Ismail Oct 10, 2016 0 Smartphone giant Samsung has reportedly stopped production of its Note 7 phone amid claims that replacement devices…
Industry & Trade Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans nada nasser Oct 5, 2016 0 Egyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank totalling…
Industry & Trade Gold production from Sukari Mine rises 41%: Centamin Egypt Noha Gad Oct 5, 2016 0 Gold mining company Centamin Egypt announced Wednesday preliminary production results for the third quarter of 2016…
Industry & Trade Military Production to build 200 commercial units in Egypt’s New Valley Noha Gad Sep 4, 2016 0 Egyptian military production ministry signed a cooperation protocol on Sunday to establish 200 commercial units in…
forex news Oil steadies as Saudi sees OPEC ‘common position’ Noha Gad Sep 1, 2016 0 Oil prices steadied on Thursday after Saudi Arabia said OPEC was moving towards a common position on oil production…
Tech news Tesla plans to raise more cash this year Ghada Ismail Sep 1, 2016 0 Tesla plans to raise additional cash this year to help fund development and production of its new Model 3 sedan and…
World Oil prices fall as production freeze expectation fades Noha Gad Aug 25, 2016 0 Oil prices slipped on Thursday as the market focused on oversupply and fading expectation of a production freeze.…