Dubai to shine with Solar panels on roof tops soon

Dubai Electricity and Water Authority (Dewa) has urged the emirate's citizens and residents to benefit from the Shams Dubai smart initiative and install solar...

Japan gets a big jolt from an outsider

TOKYO: The word gaijin is used in Japan both to describe foreigners, and to suggest their inability to truly understand Japanese culture. The term...

Starting with China…emerging markets on threshold of new global crisis

Emerging markets pay for quantitative expansion of global banks' policies Situation to worsen if US Fed raises interest again  Sayed Aweidi, a global money markets analyst...

Russia to boost FX flows to support falling ruble

In response to the weakening ruble, Russia’s Prime Minister Dmitry Medvedev said earlier this week that the government and central bank were preparing measures...

Egypt and China enhance cooperation

The bilateral ties between Egypt and China have further materialised amid rising economic cooperation between the countries. Over the past few weeks, the most...

Saudi Arabia to allow international companies to install solar cells for power subscribers

The Kingdom will begin receiving applications to install solar cells, with the Saudi Electricity and Co-Generation Regulatory Authority allowing international companies to register for...

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 Drums of War bang in Riyadh

No one will win if the world goes into a new war. With the banging drums of war in Riyadh calling for an action...

Chinese yuan: a new player in the IMF basket

Written by Doaa Hussein The Chinese yuan is to be considered from now on a spearheading player in the international economic league, after being bestowed by...

Russia, GCC countries approve oil & gas projects

Russia and member countries of the Gulf Cooperation Council (GCC) have approved projects in oil and gas, energy and high-tech spheres, Russian Foreign Minister...

Abraaj Group invests in Pakistan’s Entertainment sector

The Abraaj Group, a leading investor operating in growth markets, announced it has invested through its fund, in Cinepax Limited, Pakistan’s leading cinema operator. Arif...
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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...