Egypt's government has resigned, the prime minister said on Monday.» Read More
MUMBAI, March 8- Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service despite some recent financial problems.
MUMBAI, March 8- Malaysia Airlines, operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service despite some recent financial problems.
LONDON, March 6- Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa. But investors are hesitant- Egypt pays them barely enough to cover investment costs.
*Qatar's wealth means it doesn't need GCC. DUBAI, March 5- A diplomatic split between Qatar and its wealthy Gulf neighbours may disrupt billions of dollars of investment in the region and slow efforts to make economies more efficient through trade and transport reforms.
TOBRUK, Libya, March 5- If anyone understands the deep divisions over how to resolve the blockade of Libya's eastern Hariga oil port, it is the family of local mayor Faraj Yassin.
Ever since the ouster of Muammar Gaddafi in 2011, Libya's government has been struggling to establish law and order and assert control over a vast desert nation awash with arms. Authorities also hope a regulator, another novelty for Libya, will bring transparency to an opaque market and put it on the radar of risk-willing investors.
*Red Sea resorts quiet but some cancellations coming in. By killing two holidaymakers near one of Egypt's biggest sea-and-sun resorts, the Islamist militants behind the attack have undermined Egyptian official assurances that foreigners face no threat from the turmoil that has shaken the country since the overthrow of autocrat Hosni Mubarak in 2011..
Tensions are boiling over in several regions around the world, from Venezuela to Ukraine to the Middle East. Here is a quick guide.
Feb 18- For other related diaries, please. ACCRA- Bank of Ghana announces interest rate decision. SYDNEY- Institute of Internal Finance/G20 conference in Australia.
"The public prosecutor ordered Ramzy Mohamed, Sahar Ibrahim, Samuel Ben Zeev and David Wisemen- two officers in the Israeli Mossad- to be sent to a Cairo criminal court for spying for the interests of the state of Israel," the statement read.
NEW YORK, Feb 7- Think of successful people, and the mind usually defaults to areas of personal achievement. First Volunteer Job: Playground building in Egypt. "I was 15 at the time, living in a city called Limoges in the south of France, and with a group of friends decided to travel to Egypt and do some volunteer work at the same time.
*Monthly supply-demand gap may exceed $500 mln. CAIRO, Feb 3- Egypt's central bank has taken extraordinary steps to prop up its currency and curb a black market in foreign exchange- but in back alleys and money changing shops around the country, illicit dealing continues to thrive.
SIENA, Jan 29- Former top managers at Banca Monte dei Paschi di Siena denied on Wednesday that they hid the true nature of a 2009 derivatives trade with Nomura that prosecutors say was used to conceal losses at Italy's third-biggest bank.
Jan 27- For other related diaries, please. TUESDAY, JAN 28 BRUSSELS- IMF Managing Director Christine Lagarde, German Finance Minister Wolfgang Schauble and Spanish Economy Minister Luis de Guindos will attend an IMF book launch function "Jobs and Growth: Supporting the European Recovery"- 0700 GMT.
DUBAI, Jan 27- Three years after the fall of Hosni Mubarak, Egypt's political future is uncertain but its economy may have stabilised enough to fuel a strong recovery of its financial markets this year.
Another person has reportedly been killed in a fourth explosion in Cairo on Friday, bringing the total death toll to as high as six, reports CNBC's Yousef Gamel El-Din from Cairo.
A series of car bombs rocked the Egyptian capital Cairo on Friday, with at least four people being killed in a blast at the police headquarters.
Dr. Ahmed Heikal, chairman and founder of Citadel Capital, says the country needs younger and more progressive politicians to get back on track.
Egypt's finance minister has told CNBC the recent vote on a new constitution was a "great success," and said the country was committed to political progress.
DAVOS, Switzerland, Jan 22- Dubai retailer Majid Al Futtaim, which holds the Carrefour franchise in the Middle East, plans to invest about $2.3 billion in Egypt in the next few years, its chief executive said on Wednesday, a sign of Gulf investors' growing interest in the Egyptian economy.