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Trump to nominate retired Army general as U.S. ambassador to Saudi Arabia
U.S. President Donald Trump on Tuesday nominated a retired Army general to be the country’s ambassador to Saudi…
Egypt’s Saudi iron ore imports jump, protectionism may raise
Egypt imported around 300,000 tonnes of Saudi iron ore in the past two months, said head of the Egyptian Chamber of…
China October exports surprisingly strong in race to beat higher U.S. tariffs
China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its…
Washington, Beijing to hold a top-level security dialogue on Friday
The United States and China are set to hold a delayed top-level security dialogue on Friday, the latest sign of a…
Egypt’s Orascom Investment likely to acquire 30% of Sarwa Capital
Egypt-based Orascom Investment Holding said on Wednesday it expected to acquire 30 percent of Sarwa Capital’s…
Five entities get 79.4 feddans in Egypt new capital to invest
Five Egyptian entities have obtained 79.484 feddans for investment in the 8th residential district in the country’s…
Saudi paper warns of oil spike, ‘economic disaster’ if U.S. sanctions Riyadh
Oil prices could spike to all-time highs if the U.S. imposes economic sanctions against Saudi Arabia, according to…
China markets fall 3% after central bank cuts reserve ratio for lenders
China markets fell on Monday after the central bank cut the reserve requirement for banks over the weekend.
South Africa’s Ramaphosa eyes jobs plan to fix troubled economy
Under fire over his track record on the economy, South Africa’s President Cyril Ramaphosa will convene a gathering…
Trump’s tariffs cost Ford $1 billion in profit, hurt its sales in China
U.S. President Donald Trump's tariffs on China are hitting Ford's finances hard.