Economy
Russia, Turkey to form joint investment fund: Russian minister
September 4, 2016
Russia, Turkey to form joint investment fund: Russian minister
Russian Economy Minister Alexei Ulyukaev said on Sunday President Vladimir Putin and his Turkish counterpart Tayyip Erdogan had agreed to…
Egypt’s Eastern Company board approves US$84 mln capital hike
September 4, 2016
Egypt’s Eastern Company board approves US$84 mln capital hike
The board of Egypt's top cigarette maker, Eastern Company, approved a capital hike of 750 million Egyptian pounds (US$84 million)…
China’s Xi at G20 says world economy at risk, warns against protectionism
September 4, 2016
China’s Xi at G20 says world economy at risk, warns against protectionism
The global economy is being threatened by rising protectionism and risks from highly leveraged financial markets, Chinese President Xi Jinping…
China’s government flexes muscles with Uber, DreamWorks probes
September 3, 2016
China’s government flexes muscles with Uber, DreamWorks probes
The Chinese government said on Friday it was investigating two high-profile takeover proposals involving US companies, the latest sign of its…
Starbucks, Amazon pay less tax than a sausage stand, Austria says
September 3, 2016
Starbucks, Amazon pay less tax than a sausage stand, Austria says
Multinationals like coffee chain Starbucks and online retailer Amazon pay less tax in Austria than one of the country's tiny…
Italian company Eni drills fifth well at super-giant Zohr gas field
September 2, 2016
Italian company Eni drills fifth well at super-giant Zohr gas field
The Italian petroleum company Eni has announced the successful drilling of its fifth well in the super-giant Zohr gas field…
Prosecutor releases second suspect in wheat corruption case
September 1, 2016
Prosecutor releases second suspect in wheat corruption case
Public Prosecutor Ahmed Sadeq has ordered the release of Ibrahim Hatab, a wheat silo owner charged in connection with corruption…
VAT will not increase gasoline, diesel prices: GPC
August 31, 2016
VAT will not increase gasoline, diesel prices: GPC
The chief executive of the General Petroleum Corporation, Tareq al-Hadidy, has denied that the looming introduction of a Value-Added Tax…
Egypt, India to discuss mega projects, medical city
August 31, 2016
Egypt, India to discuss mega projects, medical city
President Abdel Fattah al-Sisi begins a three-day visit to New Delhi on September 1 for talks with Prime Minister Narendra…
Amazon Dash one-button device arrives in Britain
August 31, 2016
Amazon Dash one-button device arrives in Britain
Seeking to capitalize on Britons too busy or forgetful to shop for household essentials, retail giant Amazon is bringing its…