VW to offer to buy back nearly 500,000 U.S. diesel cars – Reuters
Volkswagen AG (VOWG_p.DE) and U.S. officials have reached a framework deal under which the automaker would offer to…
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Botched Doha deal undermines OPEC credibility, oil prices tumble
Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze…
Alibaba reveals a $1.25B investment in food delivery service Ele.me
Southeast Asia wasn’t the only new market that Alibaba spent big to enter last week. Beyond a deal with Rocket…
Cairo prosecution reverses release order for 25 ‘Land Friday’ protesters
Egypt's Qasr El-Nil prosecution ordered on Sunday the four-day detention pending investigation of 25 protesters,…
Asian shares skid, crude tumbles after Doha deal fails
Tumbling crude oil futures knocked Asian shares on Monday after producers' talks failed to agree on a plan to curb…
Egyptian prosecutors open investigations into 26 Red Sea islands arrested protesters
Egyptian prosecutors questioned a number of protesters on Saturday who were arrested a day earlier while…
Egypt-Aramco deal not determined value of Saudi oil exports
The oil deal signed by the state-run Egyptian General Petroleum Corporation(EGPC) and Saudi-based Aramco has not…
IMF, Tunisia reach $2.8bn loan for economic reform
The International Monetary Fund said on Friday it has reached a tentative deal to assist Tunisia with a four-year…
UAE SocialEyez totally acquires Egypt’s BSocial for $1.1mn
UAE-based, digital engagement agency SOCIALEYEZ announced Wednesday acquiring 100% of Egypt’s BSocial for…
Pfizer-Allergan deal faces new U.S. inversion rules
The U.S. Treasury Department took new steps on Monday to curb tax-avoiding corporate "inversions," with the pending…