First Equity Partners eyes boosting Egyptian affiliate’s assets to $255mn
Private equity manager in MENA region, First Equity Partners (FEP) plans to boost the volume of assets of its…
New $750mn-strategy to boost Egypt’s furniture exports until 2020
The Egyptian Furniture Export Council (EFEC) designed a five-year strategy to develop furniture sector,…
Strong 7.2 quake hits Tajikistan, felt in New Delhi
An earthquake measuring 7.2 magnitude struck Tajikistan on Monday, shaking buildings as far away as the Indian…
Australia to plow A$1.1bn into switch from mining to tech
Prime Minister Malcolm Turnbull on Monday unveiled a A$1.1 billion ($806 million) package to boost innovation in…
German industrial output edges up less than forecast in October
German industrial output inched up in October, data from the Economy Ministry showed on Monday, in a sign that this…
Russian airline seeks compensation from Egypt after plane crash late Oct
Russia’s Kogalymavia airline plans to demand compensation from Egyptian authorities over the crash of its Airbus…
Egypt plans to purchase Pakistan’s JF-17 Thunder fighter jet: envoy
Egypt is keen on purchasing JF-17 Thunder aircraft from Pakistan, Egyptian ambassador to Pakistan Sherif Shaheen…
EBRD remains committed to Egypt, SMEs: director
The European Bank for Reconstruction and Development (EBRD) is very committed to ensuring that its activities for…
No need to adopt negative deposit rates, BoJ governor says
Bank of Japan Governor Haruhiko Kuroda said on Monday he saw no need to implement negative deposit rates in Japan…
Egypt’s November business activity drops to two-year low: Emirates NBD survey
Business activity in Egypt tumbled to its lowest in more than two years in November, falling the fastest since…