US opens investigation into Tesla after first fatal crash
US authorities are investigating the first death potentially caused by self-driving technology. The driver of a…
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China foreign debt falls as yuan depreciation fears resurface
China's outstanding foreign debt fell by $51.7 billion in the first quarter to $1.36 trillion, the foreign exchange…
World stocks, sterling try to shake off Brexit blues
Asian stocks rose for the first time in three days on Tuesday while sterling and other currencies advanced as…
Russia-Egypt trade exchange rises 9.8%, exceeds $1.5bn in four months
The volume of trade exchange between Egypt and Russia jumped 9.8 percent during the first four months of 2016,…
Egypt rubber exports drop 29% in Q1 2016
Egypt's exports of rubber products declined by 29 percent to 146.6 million Egyptian pounds (US$16.5 million) in…
China’s Megaun selects Egypt to build its first electronics factory in MENA
China’s Megaun Group is planning to establish its first factory in Egypt and the Middle East for mobile phones and…
MEA tablet market declines by 12.3% in Q1
The Middle East and Africa (MEA) tablet market declined 12.3 percent year-on-year in the first quarter of 2016 to…
Upscale-Egypt launches $450mn-project in Borg Al Arab
Egypt emerging real estate development firm, Upscale Development Holding (UDH), launched its first project in Borg…
Egyptian exports of glass products grow 17% in Q1 2016
Egypt's exports of glass products increased by 17 percent to 290 million Egyptian pounds (US$32.6 million) during…
Volvo’s first self-driving car is coming in 4 years
Volvo plans to roll out its first self-driving in just four years, and the company claims it’s going to be way more…
