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...
Paris competes for US Banks after Brexit
With the clock moving towards Brexit and the UK’s loosing grip of US Banks, France has entered the competition for US Banks European branches...
Macron wins French elections with 65% of the vote
Emmanuel Macron was elected as the new President of France, after winning 65.1% of the vote in the second round of the French presidential...
Germany to spend $106bn on refugees by end 2020
BERLIN,
Germany's government expects to spend around 93.6 billion euros ($106 billion) by the end of 2020 on costs related to the refugee crisis, a...
Vortex & European markets
Vortex, a renewable energy platform managed by EFG Hermes’ private equity arm, has agreed a €550m sale and purchase deal (SPA) with a subsidiary...
British Conservatives & US Republicans ask: What a mess we got ourselves into?
The two parties that used to lead the United States & United Kingdom are losing ground and solidarity; which will have an impact on...
United Kingdom’s celebration of 6th October 1973’s victory
By Ghada Fouda
Rear Admiral Nehad Shahin, Egypt’s Defence Attaché to the United Kingdom, hosted a Reception last Thursday to celebrate the 43rd anniversary of the...
Eni completes drilling third well in Zohr fiel
Italian company Eni completed the drilling of the third gas well at its giant offshore Zohr gas field in Egypt. The initial estimations of...
Greece Requests a Third Aid in Less than Five Years
In a decisive stride towards reforming its economic crisis , Greece, which has been bailed out by the European Union, European Central Bank and...
Brazilian waxing and waning
IN THE past few years, Brazil’s economy has disappointed. It grew by 2.2 per cent a year, on average, during President Dilma Rousseff’s first...
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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...