Egypt’s parliament approves 4 development grants from international partners
Egypt’s House of Representatives has approved four international grant agreements across multiple sectors,…
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Korea
Denmark boosts pledge to WB’s IDA by 40%
Denmark announced a 40 per cent increase in its pledge to the World Bank's International Development Association…
S. Korea, Indonesia launch local currency framework
Bank Indonesia (BI), the Bank of Korea (BOK), and the Ministry of Economy and Finance (MOEF) have introduced a new…
China eyes more investment by Samsung – Li Qiang
Chinese Premier Li Qiang met with Samsung Chairman Jay Y. Lee in Seoul to discuss potential investment…
S. Korea sees stronger growth in ’24 – OECD
The Organisation for Economic Cooperation and Development (OECD) has boosted its growth forecast for South Korea to…
Japan’s Asahi Kasei to build $1.3b EV battery plant in Canada
Japanese chemical company Asahi Kasei plans to construct a new $1.3 billion plant in Canada to manufacture…
Asian stocks rebound as Middle East tensions ease
Asian stock markets recovered some lost ground on Monday after fears of a wider conflict in the Middle East…
Asia stages biggest stock rally in month
Asian stocks staged their biggest rally in a month on Thursday, with regional markets looking to recover from…
QatarEnergy to expand fleet with extra 19 LNG vessels
State-owned QatarEnergy announced the successful conclusion of several charter contracts with various Asian ship…
Russian LNG exporter targets higher prices to Asia
Russian Sakhalin Energy wants to increase long-term contract prices, threatening to drive up energy costs in South…
Bank of Korea keeps door open to raising interest rate
Bank of South Korea (BOK) has warned on Tuesday of increased volatility as global markets brace for future hikes…
Egypt, South Korea to perform Pyramids Air Show 2022 Today
Egyptian aerobatics air forces team will perform on Wednesday Pyramids Air Show 2022 with the South Korean…
Egypt boost investment opportunities with Hyundai, Korea Eximbank
Egypt and Korea discussed several fields of cooperation and promoted the huge projects and available investment…
Gold prices little changed as dollar steadies, Korean tensions ease
Gold was little changed as investor interest in the yellow metal dropped as dollar steadied and there were signs of…
South Korea issues arrest warrants for presidential aides
South Korean prosecutors have issued arrest warrants for two former aides of President Park Geun-hye as part of an…
South Korea names new PM, finance minister amid scandal, angering opposition
South Korea's presidential office on Wednesday named a new prime minister and finance minister, the highest-level…
Asian shares lower; ASX, Nikkei, Kospi, HSI drop more than 1%
Most Asian markets dropped more than 1 percent after Wall Street's "fear index" spiked on jitters over the U.S.…
North Korea nuclear: US, Japan, South Korea agree to increase pressure
South Korea, Japan and the US have agreed to work together to increase pressure on North Korea to give up its…
Asia markets mixed; Kospi falls as GDP growth slows
Markets in Asia traded mixed on Tuesday, as South Korea's shares slipped after data showed economic growth slowed…
Third Young ICT Leaders Forum kicks off in Busan City
The International Telecommunication Union (ITU), in collaboration with the Busan Metropolitan City and the National…
GE’s $250 million Doosan deal will boost revenue
General Electric Co's (GE.N) recent purchase of part of Doosan Engineering & Construction Co Ltd (011160.KS) of…
Korea upgrades 4 vocational training centres in Egypt with cost of $4.5mn
Egyptian industry ministry developed four vocational training centres in automotive field in cooperation with Korea…
Korea Eximbank studies implementing $3 billion projects in Egypt
The Export–Import Bank of Korea (Korea Eximbank) is studying implementation of some projects in Egypt as pursuant…
Korea, Egypt sign cooperation agreement on enhancing SMEs
Egypt and Korea signed Thursday a cooperation agreement on making benefit of Korean expertise to enhance and…
Sisi: Egypt respects Japan’s civilisation, contribution to world peace
In a speech to the Japanese Parliament on Monday morning, al-Sisi praised the Japanese economic development…
S.Korea’s EDCF in talks over funding US$247mn Egyptian projects
Egyptian government held talks Tuesday with the South Korean Economic Development Co-operation Fund (EDCF) to…
S. Korea fears MERS may have spread to new hospital
South Korea on Saturday said it was closely monitoring a hospital in eastern Seoul over fears that hundreds of…
Exclusive: GM set to storm India as Korea costs climb
General Motors (GM.N) aims to grab at least 5 percent market share in India within the next decade, as it sees that…
Australia cuts interest rates to record low
The Reserve Bank of Australia (RBA) has cut its key interest rate by 25 basis points to an all-time low of 2.25%.…
After Beating Google, Korea’s Naver Goes Global With Messaging App Line
The billionaire founder of web portal operator Naver Corp (035420.KS) beat back Google Inc (GOOGL.O) to leave South…
Hundreds Still Missing In Deadly Korea Ferry Accident
Rescuers fought rising winds and waves on Thursday as they searched for hundreds of people, mostly teenage…
Pentagon Chief, At Korean DMZ, Says U.S. Will Not Cut Force In Korea
U.S. Defense Secretary Chuck Hagel toured the Korean DMZ on Monday, at times under the watchful eye of North Korean…
Bank Muscat, Shinhan Bank Of Korea Sign Co-Operation Pact
Bank Muscat, the flagship financial services provider in the Sultanate, and Shinhan Bank, one of the leading banks…
South Korean Delegation To Support Cooperation With Egypt
The South Korean Deputy Minister of Foreign Affairs Nyung Suri arrived today in Cairo, in a visit lasts several…
HP Declares Cooperating With Korean Regulator
Hewlett-Packard “HP” -the largest personal-computer maker- said it’s cooperating with an audit by the Korea Fair…
US President Obama visits Korea
US President Barack Obama has visited US troops stationed on South Korea's border with North Korea in a show…
Koreans develop Abu Dhabi oil fields
South Korea has signed a multi-billion dollar deal with Abu Dhabi National Oil Company (Adnoc) to develop three new…