Israel opens Gaza crossing for first time in nine years
Israel opened a major crossing point between Israel and Gaza on Wednesday to allow the transfer of vehicles…
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Bank of England poised to cut rates to cushion Brexit hit to UK
The Bank of England is set to cut interest rates for the first time in more than seven years as it tries to cushion…
Honda co-designs first hybrid car motor free of heavy rare earth metals
Honda Motor Co Ltd on Tuesday said it has co-developed the world's first motor for hybrid cars that uses no heavy…
French carmaker PSA sales slide on China weakness, sees slight Brexit impact
PSA Group's (PEUP.PA) first-half sales fell 0.2 percent, the French carmaker said on Tuesday, citing difficulties…
Egyptian foreign minister to visit Israel, talk Mideast peace
Egyptian foreign minister Sameh Shoukry will meet Israeli Prime Minister Benjamin Netanyahu on Sunday during a rare…
Egypt’s ten-month automotive imports reached $4bn
Egyptian automotive imports hiked by 35 percent during the first ten months of fiscal year 2015-16, recent reports…
Ezz Dekheila Steel swings to losses in three months
AL Ezz Dekhela Steel – Alexandria (IRAX.CA) suffered notable losses in the first quarter of the…
Russian-Egyptian-UAE Fund initial capital to reach $500 mln: minister
Egyptian government has agreed with the Russian side on the value of planned investments in the joint…
Saudi economic growth slowest in three years as austerity bites
Saudi Arabia's economy expanded at its slowest rate in three years during the first quarter of 2016 as low oil…
China approves first asset appraisal law
China's legislators have approved the nation's first asset appraisal laws in an attempt to standardize an unruly…
