Malaysian economy remains healthy against global peers

The Malaysian economy remains healthy compared with its global peers, despite the rise in the country's debt due to the deceleration of growth and...

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...

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...

India to sell $1.5bn stake in oil firm

NEW DELHI: India said Friday it will sell a 10 per cent stake in top performing state-run refiner Indian Oil Corporation, the latest effort...

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...

Suez Canal investment expected to dominate in El-Sisi’s Russia visit

by: Ahmed Kamal  Egyptian President Abdel Fattah El-Sisi is set to visit Russia in 10 days to meet with Russian President Vladimir Putin. Although...

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...

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...

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...

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...

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President El-Sisi launches the New Administrative Capital with Copts and Muslims prayers

President, along with religious, military and int’l dignitaries, witnessed the ceremony to inaugurate Nativity of Christ Cathedral and Al-Fattah Al-Alim Mosque. As a true...

Egyptian explosives expert killed defusing a bomb near church in Cairo

An Egyptian police officer was killed on Saturday while attempting to defuse a improvised bomb found near a church in an eastern...

MEO was awarded the best at Hilton’s Media Event!

Hilton Zamalek organized a recognition Media Event to honor the Egyptian Media and Press for their usual support in promoting Hilton Zamalek...
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