Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks
Egyptian President Abdel Fattah El Sisi received a phone call on Sunday from Cypriot President Nikos…
Browsing Tag
negotiations
Rouble hits 2-yr high on peace hopes
The Russian rouble surged on Thursday, climbing past 78 to hit its strongest level in two years, buoyed by Moscow’s…
Trump delays EU tariff threat, extends trade talks
US President Donald Trump agreed to delay a planned 50 per cent tariff on European Union imports until July 9,…
Trump threatens 50% tariff on EU goods amid stalled trade talks
US President Donald Trump on Friday threatened to impose a 50 per cent tariff on all European Union goods starting…
UK to seal 1st post-tariff war trade deal with US
The United States and Britain are set to unveil a limited trade agreement on Thursday that will reduce tariffs on…
EU freezes tariff countermeasures after Trump’s pause
European Commission President Ursula von der Leyen said on Thursday that the European Union will pause its planned…
EU’s Von der Leyen: Trump’s tariff pause a step towards stability
European Commission President Ursula von der Leyen on Thursday described US President Donald Trump’s unexpected…
VW averts closures, announces workforce reductions
Volkswagen announced on Friday a comprehensive restructuring plan that includes 35,000 future job cuts and reduced…
Volkswagen braces for 2nd walkout in cost dispute
Volkswagen AG workers are set to strike again on Monday, marking the second walkout this month as labour and…
EU, Mercosur aim to finalise trade deal by year-end
The European Union (EU) and the Mercosur bloc, comprising Argentina, Brazil, Paraguay, and Uruguay, are targeting…
Spain’s Endesa in talks to divest stake in renewables unit
Endesa, a Spanish power company, is reportedly in the final stages of negotiations to sell shares in its renewable…
Investment offers under legal scrutiny – Egypt’s PM
Egyptian Prime Minister Dr. Mustafa Madbouly announced on Thursday that a committee, comprising legal as well as…
COP28 in overtime as negotiators push for phase out deal
The COP28 was rapidly approaching an extended schedule on Tuesday as negotiators anticipated a new draft agreement…
RIT-Dubai students win UAE Youth Green Challenge at COP28
France's Schneider Electric declared on Sunday that Rochester Institute of Technology-Dubai (RIT) was the winner of…
COP28 enters final stage of negotiations
The final stage of negotiations for the COP28 climate summit started on Monday in Dubai, with the participation of…
Spain’s right, far-right protest against PM over Catalonia
Tens of thousands of people waving Spanish flags joined a rally on Sunday in Madrid called by right-wing and…
Asian markets trade mixed; US-China trade talks set to resume
Asian markets were mixed on Monday afternoon with investors watching out for developments on U.S.-China trade…
Asian markets trade mixed; Softbank shares soar more than 17%
Asian markets traded mixed on Thursday afternoon, while U.S.-China trade hopes are up as negotiations are set to…
Asia markets trade mixed amid uncertainty over US-China trade talks
Investors in Asia traded cautiously Wednesday afternoon amid concerns over the state of ongoing U.S.-China trade…
Chinese firm to fund new textile city in Upper Egypt
Egypt's General Authority for Investment and Free Zones (GAFI) on Thursday concluded the contract for establishing…
Erdogan says not aiming to harm Saudi royals in Khashoggi affair
Turkish President Tayyip Erdogan said on Saturday that Turkey’s insistence on finding the truth behind the recent…
Egypt, China’s GCL resume talks over solar panel complex
Egypt's Ministry of Electricity resumed its negotiations with China’s GCL Group to set up an integrated industrial…
Asian stocks positive as US seeks to reopen trade talks with China
Asian stocks were largely positive on Thursday afternoon as the U.S. attempts to restart negotiations with China on…
Egypt’s Investment Minister likely to partake in UN Economic, Social Council
Egypt's Minister of Investment and International Cooperation Sahar Nasr is expected to travel on Sunday to the US…
Yen slips as easing trade fears revive risk appetite
The safe haven Japanese yen sagged on Tuesday as optimism that the United States and China could begin…
Ibnsina Pharma to invest 200 mln pounds in Egypt in 5 years
Ibnsina Pharma, Egypt’s fastest-growing and second-largest pharmaceutical distributor, plans to pump new…
China’s CFLD lining up for $20 bln flagship in Egypt new capital
Egypt is still considering China Fortune Land Development Company’s (CFLD) planned $20 billion project in the New…
No comment on gas deal between private Egyptian and Israeli firms: ministry
Egypt’s petroleum ministry responded on Monday to news of a massive gas deal between Egyptian private company…
Saudi Arabia, Egypt, Kuwait in talks to extend deposit maturity
Egypt is negotiating with Saudi Arabia and Kuwait to extend the maturity of deposits for a new…
Dollar regains footing after US government shutdown, higher yields support
The dollar regained some footing on Monday after slipping earlier on a U.S. government shutdown, supported by…
Bitter reality for Egypt’s sugarcane farmers
It is sugarcane harvesting season again, and negotiations between government officials, representatives of…
Sterling steadies as traders look to Brexit talks for fresh cues
Sterling steadied against the dollar and euro on Friday, ending the week at much the same levels it started it at,…
Redcon Construction delivers a ministerial building in Egypt’s new capital
Egyptian Redcon Construction Company has handed over a building at the ministerial district in the country’s new…
European stocks close higher after Brexit breakthrough; banks up 2%
European stocks closed higher on Friday, as investors reacted to progress in Brexit negotiations and a long-sought…
Europe shares close higher as Brexit, US tax plan take center stage; Dialog tanks 24%
European markets closed higher Monday afternoon as investors digested news that the U.S. Senate narrowly passed a…
Vodafone Egypt negotiates with Russian operators for offers to Egyptian fans at World Cup
Vodafone Egypt has launched negotiations with mobile operators in Russia to provide special offers to its…
Europe ends higher but sterling gains weigh on U.K. stocks
European stocks closed higher on average Wednesday after signs of progress with U.S. tax cuts and Brexit…
SoftBank says considering investment in Uber but no final agreement reached
Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc, but there was no…
Egypt invited to Astana talks on Syria as observer: source
Egypt has received an invitation to join the talks on Syria in Astana as an observer, an Egyptian source familiar…
UK PM May to tell lawmakers she’s offering Europe a ‘deep and special’…
Prime Minister Theresa May, weakened by a disastrous party conference, will give British lawmakers a bullish…