Syrian government drives rebels from swath of Aleppo
The Syrian army and its allies announced the capture of a large swath of eastern Aleppo from rebels on Monday in an…
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Indian firm to inject $33mn into Egypt’s chemicals sector
An Indian firm working in field of resins and industrial chemicals field plans to inject more investments of 300…
Japan in talks to deliver two coast guard ships to Philippines
Japan and the Philippines have begun talks for the transfer of two large coast guard ships to Manila, to help…
Egypt executes 8 petrochemicals projects worth US$7.4bn; oil minister says
Egyptian petroleum sector owns eight largest petrochemicals projects with investments worth US$7.4 billion and…
Libyan forces capture Sirte convention center from Islamic State
Libyan forces battling to oust Islamic State from Sirte on Wednesday captured a large convention hall complex in…
Chinese firm eyes executing phosphate project in Egypt’s New Valley
A mission from large Chinese firm specialised in establishing mining projects is set to meet New Valley governor,…
PM Abe’s plan for $265 billion stimulus puts pressure on BOJ to ease
Japan's prime minister unveiled a surprisingly large $265 billion stimulus package on Wednesday to reflate the…
Bank earnings loom large as stocks near record
The focus on Wall Street will shift to corporate earnings next week after a strong June jobs report on Friday gave…
EU passes new rules to fight corporate tax dodgers
The European Union agreed Tuesday on a set of rules and standards aimed at closing loopholes that allow wealthy…
Egypt assigns 5 construction firms to complete Cairo-Alexandria agricultural road
Egypt’s Ministry of Transportation assigned five large construction firms to carry out the existing works of…
Moroccan business mission to visit Egypt on April 25
A Moroccan delegation encompassing large firms is set to visit Egypt on April 25, 2016 for a three-day visit to…
Egypt’s Cleopatra Group studies 6 large investment projects in Africa
Egypt's largest ceramics maker Cleopatra Group is currently studying six offers to invest in African markets…
Unilever Mashreq to establish $59mn-food factory in Alexandria in 2016
Unilever Mashreq eyes injecting investments estimated at 460 million Egyptian pounds (US$58.7 million) into…
Asia jumps as Wall Street gains lifts sentiment before Fed decision
Asian stocks rose briskly on Wednesday, with sentiment lifting as Wall Street rose before a likely hike in U.S.…
The Suez Canal: Strong International Competition to other Waterways
Over the past 10 years, the Suez Canal has taken a large portion of the vessels crossing the Panama Canal through…