Egypt’s business activities, excluding oil, grow in April: Survey
Egypt
May 3, 2018
Egypt’s business activities, excluding oil, grow in April: Survey
Egypt’s non-oil private sector activity expanded in April for only the second time in 31 months, with output holding steady…
Egyptian Electricity Holding to raise $700mn loan with HSBC and Credit Suisse: sources
Business
May 3, 2018
Egyptian Electricity Holding to raise $700mn loan with HSBC and Credit Suisse: sources
State-owned Egyptian Electricity Holding Company (EEHC) is raising a syndicated loan of up to around $700 million with Credit Suisse…
Key sticking points in the US-China trade dispute
Economy
May 3, 2018
Key sticking points in the US-China trade dispute
US Treasury Secretary Steven Mnuchin will lead a delegation to Beijing this week to meet with Chinese officials and try…
Euro zone economy to slow next year, downside risks increase: Commission
Business
May 3, 2018
Euro zone economy to slow next year, downside risks increase: Commission
Euro zone economic growth will slow this year and next from a peak expansion in 2017, the European Commission forecast…
Trump claims immunity, asks court to toss foreign payments suit
World
May 3, 2018
Trump claims immunity, asks court to toss foreign payments suit
President Donald Trump has again asked a US court to dismiss a suit accusing him of flouting constitutional safeguards against…
Advanced Russian war plane crashes in Syria, killing two crew
Middle East
May 3, 2018
Advanced Russian war plane crashes in Syria, killing two crew
An advanced Russian multi-role fighter plane crashed in Syria on Thursday morning shortly after take-off, killing both members of its…
German police raid migrant shelter after clashes
World
May 3, 2018
German police raid migrant shelter after clashes
German police launched a raid on a migrant shelter on Thursday where three days ago 150 asylum seekers clashed with…
Syrian rebels prepare to quit south Damascus
Middle East
May 3, 2018
Syrian rebels prepare to quit south Damascus
Buses arrived in south Damascus on Thursday to transport Syrian rebels from an enclave they have surrendered there, but some…
Saudi finance minister says on track to cut budget deficit to 7 percent of GDP
Middle East
May 2, 2018
Saudi finance minister says on track to cut budget deficit to 7 percent of GDP
Saudi Arabia is on track on to cut its budget deficit to 7 percent of gross domestic product this year,…
Earthquake hits near southwest Iran’s Sisakht
Middle East
May 2, 2018
Earthquake hits near southwest Iran’s Sisakht
A magnitude 5.3 earthquake struck southwest Iran in the early hours of Wednesday, the National Earthquake Information Center said. There…