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Egypt - Foreign Affairs
6/9/2022 7:02:47 PM
President Abdel-Fattah El-Sisi has reiterated Egypt’s firm position that a legally binding agreement must be reached on the rules for the filling and operation of the Grand Ethiopian Renaissance Dam (GERD) in order to preserve Egypt’s water security.

World - International
6/2/2022 11:47:02 AM
China on Thursday said it "firmly opposes" trade talks between the United States and Taiwan after Taipei and Washington announced the launch of a new initiative to deepen economic ties.

Business - Energy
6/1/2022 4:30:51 PM
The Suez Canal Economic Zone (SCZONE) and German energy storage firm H2 Industries signed on Wednesday a Memorandum of Understanding (MoU) to build the first waste-to-hydrogen plant in the zone, with total investments amounting to $4 billion.

Sports - World
6/1/2022 12:46:47 PM
Serie A champion AC Milan is on the verge of being sold to American investment firm RedBird Capital Partners for 1.2 billion euros ($1.3 billion) after the two parties signed a preliminary agreement.

War in Ukraine - Economy
5/31/2022 9:37:52 AM
Russia's Gazprom said Tuesday it had halted gas supplies to the Netherlands after Dutch energy firm GasTerra refused to pay in rubles following the Russian military offensive in Ukraine.

War in Ukraine - Economy
5/30/2022 7:39:57 PM
Russia's Gazprom will halt gas supplies to the Netherlands' partly state-owned energy firm GasTerra on Tuesday after it refused to pay in rubles, the Dutch company said.

Sports - Egyptian Football
5/30/2022 4:10:00 PM
In two-legged knockout ties, the firm attacking strategies that Pitso Mosimane adopted at home saw Ahly destroy their African Champions League opponents. A shift in that approach might be needed though in Monday's final against Wydad.

Business - Tech
5/26/2022 3:17:43 PM
Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with Covid-19 restrictions and a sector crackdown.

Sports - World
5/22/2022 8:47:31 PM
AC Milan announced their return to the big time on Sunday after winning their first Serie A title in over a decade and putting years of decline firmly behind them.

Business - Tech
5/15/2022 5:26:23 PM
From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.

Business - Economy
5/15/2022 4:58:25 PM
Egypt plans to offer 12 companies under the government’s initial offering programme (IPO) on the Egyptian Exchange by the end of 2022, including two army-run companies and other firms that are under the umbrella of the public business sector, Prime Minister Mostafa Madbouly announced on Sunday.

Business - Markets & Companies
5/15/2022 2:20:38 PM
Emirates Telecommunications Group Company PJSC bought a 9.8% stake in Vodafone Group Plc for $4.4 billion as the Middle Eastern technology provider seeks to expand globally, Bloomberg reported.

War in Ukraine - Economy
5/11/2022 10:36:09 PM
Russia has imposed sanctions on more than 30 EU, US, and Singaporean energy companies in a retaliatory move following Western penalties over Ukraine, a government decree said Wednesday.

War in Ukraine - Diplomacy
5/10/2022 12:15:54 PM
North Korea says leader Kim Jong Un reiterated his support for Russia's efforts to defend its "dignity'' against "hostile forces'' in a congratulatory message sent to Russian President Vladimir Putin over an anniversary marking the Soviet Union's defeat of Nazi Germany.

Sports - World
5/8/2022 7:49:39 PM
Manchester City bounced back from their Champions League heartbreak to take a firm grip on the Premier League title race with a 5-0 win over Newcastle on Sunday.

Sports - World
4/18/2022 8:53:55 PM
Bahrain's government announced that a private equity firm based in the country is in "exclusive talks'' to buy seven-time European champion AC Milan and become the Italian league's first Middle East investor.

Business - Markets & Companies
4/12/2022 5:40:11 PM
The Abu Dhabi Developmental Holding Company (ADQ), also known as the Abu Dhabi wealth fund, has completed acquisition deals for five companies in Egypt, including private sector and state-owned firms, with a total value of $1.8 billion, the Egyptian Exchange (EGX) disclosed on Tuesday.

Business - Tech
4/11/2022 7:49:53 PM
Japanese giant Sony and Lego's Danish parent firm announced Monday a $2 billion investment in US gaming powerhouse Epic Games for its work toward joining the metaverse vision for the internet's future.

Business - Markets & Companies
4/11/2022 2:11:16 PM
The International Finance Corporation (IFC) — a World Bank Group member — is set to invest $15 million in the second fund from venture capital firm Algebra Ventures with the aim of supporting tech start-ups with access to finance and drive innovation and job creation primarily in Egypt.

War in Ukraine - Economy
4/11/2022 10:06:04 AM
French banking group Societe Generale said Monday it was ceasing its activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.

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