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99% of Dabaa Nuclear plant contracts with Russia agreed on

99% percent of the contracts necessary for the implementation of the nuclear plant project in Dabaa have been agreed on. It is expected to start the implementation of Dabaa plant before the end of 2017. Negotiations on the project took place in the Ministry of Electricity in Cairo and Russia’s …

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Russia, South Africa, Burundi and Gambia withdraw from ICC

Russians President Vladimir Putin has signed a decree to withdraw Russia from the International Criminal Court (ICC), a day after the court published a report classifying Russian annexation of crimes as an occupation. The  ICC, which prosecutes war crimes, genocide and crimes against humanity,  was established in 1998 and has …

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Oil soars to one-year high on Putin output cap comment

Oil rose to one-year high after Russian President Vladimir Putin said on Monday that his country was ready to join OPEC efforts to stem the decline in crude prices through a output cap, said a report. Speaking at the World Energy Congress in Istanbul, Putin said he hoped the producers’ …

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Domty to export cheese to Russia in a $10m contract

Arabian Food Industries- Domty declared signing a new $10m contract under which it will export white cheese to Russia. In a statement to EGX, Domty said that this new contract with Rosco Moloko Company expires by the end of 2017, adding: “With this new contract, the total of export agreement …

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Russia expands influence across Latin America

The Senate of the Plurinational State of Bolivia on March 17 2016 approved the ratification of the agreements with the Russian Federation on the peaceful use of atomic energy and Intergovernmental Agreement on cooperation on construction of the Nuclear Research and Technology Center in El Alto with the majority of …

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US fortifies Eastern Europe against Russia

By Menna Abbas      Russia’s relations with the US and its NATO allies have plunged to the lowest point since the Cold War over the crisis in Ukraine. Recent events may lead to this belief. Washington is investing in and deploying a new and upgraded weapons systems in response …

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BRICS: a more turbulent period in store

Written by Doaa Hussein Since its establishment, BRICS proved to be a strong economic group that took the world by storm. It assured being a stellar competitor of huge countries such as, G7. However, the BRICS is now facing an acrimonious ordeal, with no forecasts of rebounding within the short …

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