Egypt’s top Prosecutor Nabil Sadek ordered on Saturday that investigations be opened into a power cut at …
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Egypt said it will suspend air links with Qatar from Tuesday, 6 June 2017, after it and …
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forex news
Oil prices fall as White House proposes US oil reserve sales
by Yomna Yasserby Yomna YasserOil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s …
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MENA News
Israel cuts $6 million in U.N. funding over settlements resolution
by Noha Gadby Noha GadIsrael said on Friday it would cut $6 million in funding to the United Nations in 2017 …
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forex news
Oil prices surge, trading volume records smashed as OPEC, Russia agree output cut
by Noha Gadby Noha GadAn agreement between oil producer club OPEC and Russia to produce less to drain a global glut …
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Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to …
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MENA News
Water cuts and rising food prices leave Mosul facing crisis
by Ghada Ismailby Ghada IsmailFighting between Iraqi troops and Islamic State militants has cut water supplies across a large part of …
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Industry & Trade
Eni eyes cutting stake in Egypt’s Zohr giant gas field to 50%
by Noha Gadby Noha GadItalian oil and gas company Eni is in talks with various parties to cut its stake in …
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Egypt News
Parliament supports Cabinet’s move to float pound, cut fuel subsidy
by Noha Gadby Noha GadThe Egyptian parliament’s majority bloc Support Egypt announced in a statement Saturday that it fully supports the …
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Industry & Trade
Sharp forecasts first annual operating profit in three years
by Ghada Ismailby Ghada IsmailJapan’s Sharp Corp on Tuesday forecast its first annual operating profit in three years after it cut …