China Aug producer inflation climbs to 4-month high as economy races along
China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong…
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Economy
Hilton Worldwide to open 13 hotels in Egypt in 10 years
Hilton Worldwide has revealed its expansion plan for Egypt, aiming to construct an additional 13 hotels within…
Economists raise 2017 Turkish growth forecast to record high
Turkey’s economy will expand more than previously expected in 2017, thanks to strong government and consumer…
World’s second-longest serving central banker out in Oman
Oman’s ruler replaced the head of the central bank after 26 years in the job as the Gulf Arab monarchy struggles to…
Euro rises to 2-1/2-year high after Draghi refrains from talking down currency
The euro extended gains to a 2-1/2-year high against the dollar on Monday after the European Central Bank…
Egypt’s Suez Canal ups profits to $447.1 million in July
Egypt's Suez Canal profits rose to $447.1 million in July 2017 from $427.2 million in June 2017, the government…
Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
UNIDO project seeks to revive cotton industry in Egypt
The project of UN Industrial Development Organisation (UNIDO) project will help revive the Egyptian cotton industry…
Philippines is aiming for an energy boom with Duterte’s latest reform
Philippine President Rodrigo Duterte's latest attempt to reform the Philippine economy is a major change for the…
Toyota to launch Fortuner model in Egypt, investments hit $8.5mn
Toyota Egypt, in partnership with Arab Organisation for Industrialization (AOI), on Monday launched a line for…
