Businesses in scope: Growth rates in the third quarter
With collapsing oil and energy prices, shifting demographics (rise in the retiring population vs fall in the working age population), and strong currencies, among...
Greek shares plunge on first day of market reopen
The nation’s top four lenders - Piraeus Bank, National Bank, Alpha Bank and Eurobank - fell the most, all down 30%, the maximum allowed....
Post Macri’s presidency
By Doaa Hussein
BUENOS AIRES: Argentina's newly elected president and Cambiemo's "let's change" candidate, Mauricio Macri, celebrated his victorious run-off against Daniel Scioli, after battling in...
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...
Analysts: US interest rates tend to not hike in September
American analysts expect that the Federal Reserve will not increase interest rates during its next meeting in September. The past meeting of the Federal...
Turkey preys on European refugee crisis to get economic benefits
By Mahmoud Ali
In what is regarded by many as blackmail, Turkey managed to reach a deal with Brussels over the European refugee crisis. It...
German business morale dips in April!
German business morale unexpectedly dipped in April, a survey showed on Monday, with global growth concerns prompting firms to tone down a generally optimistic...
Greece in shock as banks shut
ATHENS: Greeks struggled to adjust to shuttered banks, closed cash machines and a climate of rumors and conspiracy theories on Monday as a breakdown...
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...
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...
Latest article
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...