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World
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Region
3/7/2023 3:54:59 PM
Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month's massive earthquake that struck southeast Turkey and northern Syria.
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World
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International
3/4/2023 11:31:27 AM
Former Ecuador president Lenin Moreno was put under house arrest Friday for allegedly receiving bribes from a Chinese firm in exchange for a contract to build the country's largest hydroelectric dam, authorities said.
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World
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War in Ukraine
2/24/2023 4:47:00 PM
The U.S. announced a new round of sanctions on Russian firms, banks, manufacturers and people Friday, aiming them at entities that helped Russia evade sanctions earlier in the year-old war against Ukraine.
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World
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War in Ukraine
2/24/2023 3:51:00 PM
Leaders around the world on Friday weighed in on the one-year anniversary of Russia invading Ukraine, the large majority pledging firm support to Kyiv despite Moscow's defiance.
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Business
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Energy
2/23/2023 12:40:59 PM
State-owned UAE energy firm ADNOC Gas announced a price range on Thursday for an initial public offering it hopes will raise $2 billion, in what would be this year's biggest share flotation so far.
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Business
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Economy
2/16/2023 1:37:49 PM
Mergers and acquisitions (M&A) in Egypt decelerated in the second half (2H) of 2022, said a recent report by global law firm Baker McKenzie.
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World
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International
2/8/2023 11:21:54 AM
China insists it will "firmly defend" its interests and says it was smeared in U.S. President Joe Biden's State of the Union address which repeatedly mentioned competition between the two countries.
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Business
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Economy
2/2/2023 1:46:29 PM
Embattled Indian billionaire Gautam Adani said Thursday his conglomerate will review its plans for raising capital after calling off his flagship company's $2.5 billion share offering following the loss of tens of billions of dollars in market value due to claims of fraud by a U.S.-based short-selling firm.
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World
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War in Ukraine
1/31/2023 3:00:32 PM
Japan and NATO must "remain united and firm" in the face of security threats posed by China, North Korea and Russia's war in Ukraine, Jens Stoltenberg said Tuesday in Tokyo.
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Business
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Markets & Companies
1/30/2023 11:19:50 AM
French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
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Business
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Energy
1/29/2023 3:09:43 PM
Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon's coast.
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World
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War in Ukraine
1/29/2023 1:21:47 PM
Newly-elected Czech president Petr Pavel, a former NATO general, will promote close ties with the European Union and offer firm support for Ukraine in the face of the Russian invasion, analysts said.
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Egypt
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Foreign Affairs
1/27/2023 4:12:20 PM
Leading Indian companies, including ReNew Power and the Adani Group, have expressed to President Abdel-Fattah El-Sisi "huge interest" in investing in Egypt’s renewable energy sector, the production of green hydrogen and infrastructure development.
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Business
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Economy
1/24/2023 5:11:22 PM
The Sovereign Fund of Egypt (TSFE) has inked two agreements with Egypt-based private equity firm, B Investments Holding (BIH), to co-invest over EGP 2 billion (around $67.5 million) in the healthcare and pharmaceuticals sector.
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World
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International
1/18/2023 2:13:05 PM
UN Secretary-General Antonio Guterres skewered oil firms on Wednesday for having 'peddled the big lie' about their role in global warming, telling the World Economic Forum that they should be held accountable.
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Business
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Energy
1/3/2023 10:36:36 PM
A global energy company Tuesday acquired oil producing facilities in war-torn Yemen from another international firm. The move comes as the country's Houthi rebels have repeatedly targeted terminals and tankers in efforts to stop their rivals from exporting oil.
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Business
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Economy
12/22/2022 4:30:08 PM
Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world's biggest exchange for crypto assets.
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Egypt
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Foreign Affairs
12/16/2022 1:15:46 PM
President Abdel-Fattah El-Sisi asserted on Thursday Egypt’s firm support for the efforts of the Libyan Presidential Council (LPC) to hold presidential and parliamentary elections in parallel.
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World
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Region
12/14/2022 11:16:54 AM
Sudan's military government signed a $6 billion preliminary agreement with two firms from the United Arab Emirates Tuesday to construct a new port on the Red Sea coast, Sudanese state media said.
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World Cup 2022
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News
12/2/2022 10:54:53 AM
It has been a roller coaster ride for Argentina at the World Cup in Qatar, but after veering off the rails early on, Lionel Messi's team are firmly back on track.
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