Prosecution launches investigation into Friday’s hour-long Cairo Airport power cut
Egypt’s top Prosecutor Nabil Sadek ordered on Saturday that investigations be opened into a power cut at Cairo…
Browsing Tag
cut
Egypt to suspend air links with Qatar from today
Egypt said it will suspend air links with Qatar from Tuesday, 6 June 2017, after it and other Arab states cut…
Oil prices fall as White House proposes US oil reserve sales
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil…
Israel cuts $6 million in U.N. funding over settlements resolution
Israel said on Friday it would cut $6 million in funding to the United Nations in 2017 in protest against a U.N.…
Oil prices surge, trading volume records smashed as OPEC, Russia agree output cut
An agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring…
Oil, dollar, energy shares and bond yields leap on OPEC deal
Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to clear a glut, while…
Water cuts and rising food prices leave Mosul facing crisis
Fighting between Iraqi troops and Islamic State militants has cut water supplies across a large part of Mosul,…
Eni eyes cutting stake in Egypt’s Zohr giant gas field to 50%
Italian oil and gas company Eni is in talks with various parties to cut its stake in the giant Zohr gas field…
Parliament supports Cabinet’s move to float pound, cut fuel subsidy
The Egyptian parliament's majority bloc Support Egypt announced in a statement Saturday that it fully supports the…
Sharp forecasts first annual operating profit in three years
Japan's Sharp Corp on Tuesday forecast its first annual operating profit in three years after it cut jobs and…
