Browsing Category
Industry & Trade
Saudi-Egypt power grid link to complete in Dec 2018: official
Egypt is expected to complete a project aimed at linking its power grids with Saudi Arabia at the end of December…
Iraq, Iran support extending oil output cuts for 9 months
Iran and Iraq’s oil ministers both told CNBC on Wednesday that they're ready to back a deal to extend OPEC-led…
Saudi Arabia’s energy minister says 9-month extension is the ‘safe bet’ that…
Oil prices whipsawed Thursday morning as traders reacted to comments from OPEC delegates ahead of a widely…
China’s CTGN Arabic, Egypt’s international cooperation minister in talks for…
The Belt and Road Forum, an investment forum organised by the Chinese government, hosted Egypt’s International…
Kuwait says OPEC, non-OPEC could deepen oil cuts
OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in Vienna this…
German investors planning new petrochemical investments in Egypt: minister
A number of German investors will pump new investments into some Egyptian petrochemical and phosphate fertiliser…
Marks & Spencer sales, profit drop after short-lived improvement
Britain's Marks & Spencer reported a 10 percent fall in annual profit and said clothing and homeware sales…
China’s carmaker Geely reportedly acquiring 49.9% stake in Malaysia’s iconic Proton
Chinese automaker Geely will be acquiring a 49.9 percent stake in Malaysia's iconic, home-grown, but…
Budget deficit falls 8% of Egypt’s GDP in first nine months of FY2016/17
Egypt's budget deficit for the first nine months of the financial year 2016/2017 ending in June dipped to eight…
Wamda plans $250 mln entrepreneurship fund for MENA
Wamda, a regional organisation supporting entrepreneurship, is planning to launch a $250 million investment fund…