North Korea confirms ‘successful’ new ballistic missile test
North Korea has confirmed it “successfully” launched another medium-range ballistic missile on Sunday. The state-run KCNA news agency said the weapon was now ready...
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...
Is China facing an economic ordeal?
As the world' second biggest economy, analysts are constantly worried about the situation in China. The global economy has grown increasingly interconnected and any fluctuations...
Downward pressure on China economy to persist in 2015
Chinese companies are not optimistic about business prospects according to the central bank’s second-quarter survey, Sheng Songcheng, the director of the statistics division of...
China’s Honghua wins Iraq drilling services contract
China-based Honghua Group, a leading global land drilling rig manufacturer, said it has entered into an agreement worth $26 million with an Iraqi firm...
China’s African investments in 2016 exceed US and UK
Africa remains a virgin land of resources and opportunities, as well as, a consumer market with a growing population.
China is poised to take advantage...
Iran reaches agreement to buy 100 Boeing aircraft
Iran said it has reached an agreement with American aerospace giant Boeing to purchase 100 aircrafts to renew its ageing fleet, though the deal...
Iran’s oil exports surge 60pc from a year ago
TOKYO,
Iran's oil exports are set to surge in May, climbing nearly 60 percent from a year ago, with European shipments recovering to about half...
New Delhi & The World Bank
The Government of India and the World Bank today signed a US$ 50 million credit for the Nai Manzil: Education and Skills Training for Minorities...
China’s biggest banks bans new North Korean accounts
China’s biggest banks have banned North Koreans from opening new accounts in an unprecedented move to clamp down on financial flows with the country's...
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...
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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...