Agreements worth $26bn made at Eastern Economic Forum
Signing 200 agreement worth $26bn
More than 200 agreements worth 1.7 trillion rubles ($26 billion) have been signed during the Eastern Economic Forum (EEF) in Vladivostok, Far East...
Uber settles California lawsuit
Uber will pay the cities of San Francisco and Los Angeles up to $25 million as part of a lawsuit that accused the startup...
UK inflation rises unexpectedly
By Menna Abbas
There was a surprise rise in the UK’s inflation rate to 0.2 per cent in December 2015, the first month since January 2015...
Saving funds for youth in Britain
Cameron: "Giving hard-working people the support they need to help start savings funds that stands by them in difficult times, and also grant pay...
EU’s expected fall after Britain’s departure – EU summit is to be held today...
EU 27 countries are to hold a summit today to discuss a safe departure for Britain after David Cameron, Britain’s Prime Minister, has decided...
Turkey’s economy sees fallout from terrorism, Russian sanctions
Focus Economics - Terrorism and Russian sanctions have left Turkey’s already struggling economy bracing for the worst. Tourism seems sure to take hit, analysts...
UK inflation hits highest since 2013
Last month British inflation recorded its highest level since September 2013, according to official data last Tuesday, underlining a strain on households prior to...
US – Saudi in Confrontation
Middle East Observer has published a report in its 2016 19th issue, under the name “The September 11 attacks: An American-Israeli-Iranian making”, in which...
Mitsubishi Strikes a $940m deal with US Aerolease
By Menna Abbas
Mitsubishi Aircraft Corporation, a unit of Mitsubishi Heavy Industries, has struck a deal with Aerolease, a US leasing firm to supply 20...
Irish border offers new challenge to Brexit negotiations
With just over a week left for the UK Prime Minister, Theresa May, to offer her new proposals with regards to Brexit, she is...
Greek banks must find extra €14bn to survive dire economic downturn
Greece’s four main banks need to find another €14bn (£10bn) of reserves to ensure they could withstand an economic downturn, the European Central Bank...
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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...