National Investment Bank grants state Reclamation Firms EGP100 million
Egypt’s National Investment Bank (NIB) has agreed to grant state-owned reclamation firms around EGP 100 million…
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Agiba Petroleum plans drilling 55 Exploratory and Developmental Wells at End-June
Egypt’s Agiba Petroleum Company seeks to complete the drilling of 55 exploratory and developmental wells, with…
Oil Slips after Four-Day Rally on Demand Concerns, High Stocks
Oil prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that…
Ford Adding 1,550 Jobs for F-150 Production, Promotes UAW Workers
Ford Motor Co said on Wednesday it is adding 1,550 workers at four plants to build the new aluminum body F-150…
North Korea Says it Sees No Need to Negotiate with ‘Gangster’ U.S
North Korea said on Wednesday it sees no more need to negotiate with the United States, accusing Washington of…
Small Passenger Plane Crashes into River in Taiwan
A small passenger plane crashed into a river in Taiwan’s capital, Taipei, on Wednesday morning, Taiwan’s…
Jordan ExecutesTwo Iraqi Militants in Response to Pilot’s Death
Jordan hanged two Iraqis on Wednesday, including a female militant, hours after Islamic State released a video…
Egypt’s El-Sisi Calls Jordanian Pilot Killing “Savage Act”
Egypt's President Abdel-Fattah El-Sisi on Tuesday strongly condemned the killing of a Jordanian pilot captured by…
AfDB gives Egypt Non-refundable Grant for Golden Triangle Project
The African Development Bank (AfDB) has agreed to fund the studies of Egypt's Golden Triangle project with…
China Sees Biggest Outflow of Capital Since at Least 1998
China’s capital account posted the widest deficit since at least 1998 in the fourth quarter as companies in the…