Copper suffers meltdown on growth anxiety, euro on defensive
Unease over the global economy engulfed commodities and dented Asian equities on Wednesday, while the euro loitered…
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Oil prices extend slide in commodities sell-off
Oil prices fell more than 1 percent on Wednesday after touching their lowest in nearly six years the previous…
Apparent Islamic State backers hack U.S. military Twitter feed
The Twitter and YouTube accounts for the U.S. military command that oversees operations in the Middle East were…
Oil prices down again as UAE defends production hold
Crude oil prices hit their lowest in almost six years on Tuesday in a market readying for further falls, as a big…
Egypt Construction Federation selects 500 Firms to join Arabtec Giant Project
Around 500 companies working in the contractors sector will participate in Arabtec's one-million homes project,…
Charlie Hebdo to Print 3 Million Copies With Muhammad Cover
Charlie Hebdo will print 3 million copies of a special issue of the satirical magazine, depicting the Prophet…
Ruble Rout Exposes India’s Steelmakers to Russia Threat
The rout in Russia’s ruble is making life tougher for Indian steelmakers. Companies such as Tata Steel Ltd. (TATA),…
Sisi scores Early Success with Smart Cards for Bread Subsidies
The successful roll-out so far of a new "smart card" system to distribute subsidized bread has been a major…
Kellogg Seen Majority Stake in Bisco Misr
Kellogg Company, the world's biggest cereal maker, announced it expects to acquire an 85.93% stake in Egypt's Bisco…
SFD allocates EGP40 million for Egypt’s River Nile Protection
Egypt’s Social Fund for Development (SFD) secures 40.2 million Egyptian pounds (around US$ 5.6 million) in favour…