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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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...