Boris Johnson accuses Saudi Arabia of ‘playing proxy wars’
Boris Johnson has accused Britain's ally, Saudi Arabia, of engaging in "proxy wars" in the Middle East. The…
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middle east
Intesa Sanpaolo secures €110m for Egypt in 2016
Intesa Sanpaolo-Dubai hub Bank has secured €110 million in financing for Egypt throughtout 2016, said head of…
Oil prices fall as production creeps up ahead of announced 2017 output cut
Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that…
IS group to step up attacks on Europe – Europol
Europol has warned that militants from so-called Islamic State (IS) will aim to step up attacks on European…
Egypt among first states in Middle East, Africa to recognise Georgia
New Georgian ambassador to Egypt Alexander Nalbandov stated that Egypt played an important role in supporting…
Uber Mideast rival Careem said near to $300 mn funding
Careem Networks FZ, which competes with Uber Technologies Inc. in the Middle East, is close to raising about $300…
Egypt’s Al Nouran to build largest sugar plant in MENA worth $360M
Egypt-based Al Nouran Sugar (ANS) is set to build largest sugar plant in the Middle East and North Africa (MENA)…
Egypt seizes 14% of mergers, acquisitions deals in Middle East
Egypt's share of total mergers and acquisitions deals made in the Middle East is estimated at 14 percent in 2015,…
Under Trump, Israel can ‘reset’ Middle East, right-wing leader says
Donald Trump's election as the next U.S. president presents Israel with a unique opportunity to recast its…
Israel says ‘no’ to Middle East peace conference in Paris
Israel on Monday formally rejected France's invitation to take part in a Middle East peace conference in Paris…