North Korea says new U.N. sanctions are an act of war

The U.N. Security Council unanimously imposed new sanctions on North Korea on Friday for its recent intercontinental ballistic missile test. “The latest U.N. sanctions against...

Abraaj Group invests in Pakistan’s Entertainment sector

The Abraaj Group, a leading investor operating in growth markets, announced it has invested through its fund, in Cinepax Limited, Pakistan’s leading cinema operator. Arif...

Egyptian President Abdel Fattah El-Sisi visits China and Vietnam

The BRICS group of five emerging economies (Brazil, Russia, India, China and South Africa) held their 9th summit in the Chinese city of Xiamen...

Chinese yuan: a new player in the IMF basket

Written by Doaa Hussein The Chinese yuan is to be considered from now on a spearheading player in the international economic league, after being bestowed by...

Migration of young Arab brains!

By Doaa Hussein Young Arab brains are the fuel of innovation and development in the Middle East, they constitute about 60 per cent of its...

The Biggest Drop in Shanghai Shares in Eight years

In a move that is considered to be unpredictable to all as the Chinese shares slid more than 8 per cent on Monday. The...

S.Korea’s economic growth rises to 5-year high in Q3

A rebound in consumer spending following the end of a national health scare over an outbreak of the MERS virus saw South Korea's economic...

GM to stop making cars for Indian market

General Motors (GM) has announced that it will stop making cars for the Indian market by the end of 2017. The firm, which sells its...

India to sell $1.5bn stake in oil firm

NEW DELHI: India said Friday it will sell a 10 per cent stake in top performing state-run refiner Indian Oil Corporation, the latest effort...

Egypt and Japan join forces to upgrade education

When two countries, with long rooted civilisations enriched with achievements, unite together, the outcome of such a union undoubtedly lays the foundation for empowerment...

Japan gets a big jolt from an outsider

TOKYO: The word gaijin is used in Japan both to describe foreigners, and to suggest their inability to truly understand Japanese culture. The term...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...