UK factory activity falls ‘at fastest pace for three years’

Activity among UK manufacturers contracted at its fastest pace for three years in July, according to a closely watched survey. The Markit/CIPS manufacturing purchasing managers’...

Can the US economy bear such expenses?

It costs the United States  billions of dollars to maintain its military bases in foreign countries Estimates indicate that it costs around $100 billion in...

Greece gets positive review but euro zone withholds part of new loan payment

Euro zone finance ministers gave Greece a positive review of its reforms on Monday but divided up the latest tranche of aid to Athens,...

9th catastrophic year in a row

Greece’s fledgling economy fell back into recession in the fourth quarter of 2015, as the combination of sky-high unemployment, weak inflation and a shaky...

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...

Clinton boosted by debate as candidates rally support

NEW YORK, (AFP) - Donald Trump and Hillary Clinton jumped back onto the campaign trail last week after a bitter first head-to-head debate in...

Tomorrow voting on UK’s departure from the EU

  The UK’S EU referendum will be held tomorrow. Many are worried about Britain’s departure of EU as it will result in negative consequences on the...

Spanish locals are frustrated from the huge number of tourists!

By Aya Khodair Spanish locals are angry due to the huge number of tourists visiting their countries; due to the unstable circumstances in other countries...

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 urges World Bank to form a global crisis fund

The US has urged the World Bank to announce a global crisis fund for nations affected with displacement, pandemics or natural disasters at 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...
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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...