business
UAE sheikh buys stake in controversial Israeli soccer club
Middle East
December 8, 2020
UAE sheikh buys stake in controversial Israeli soccer club
JERUSALEM (AP) — Israel’s Beitar Jerusalem soccer club, which has gained notoriety for its racist fans and refusal to have…
Amid Brexit, Egypt, Britain sign free trade agreement
Business
December 7, 2020
Amid Brexit, Egypt, Britain sign free trade agreement
Egypt and Britain signed an agreement establishing a trade partnership between the two countries, which will go into effect on…
Iran prepares to raise oil exports if sanctions eased: state media
Middle East
December 7, 2020
Iran prepares to raise oil exports if sanctions eased: state media
(Reuters) – Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full…
Egypt arrests Juhayna company chairman for ‘funding terrorist group’
Egypt
December 6, 2020
Egypt arrests Juhayna company chairman for ‘funding terrorist group’
Egypt’s public prosecution on Saturday ordered to imprison Juhayna Food Industries company chairman Safwan Thabet for 15 days on charges…
Juhayna shares decline 6.1% after chairman’s arrest
Business
December 3, 2020
Juhayna shares decline 6.1% after chairman’s arrest
Egypt’s Juhayna Food Industries company’s shares declined by 6.1 percent on Wednesday, following the arrest of its founder and chairman Safwan…
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
Middle East
December 2, 2020
Analysis: Wary Turks aren’t buying Erdogan’s economic promise yet
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s promise of a new economic era triggered a foreign-driven rally in the lira,…
EgyptAir and Air Cairo activate codeshare agreement
Business
December 1, 2020
EgyptAir and Air Cairo activate codeshare agreement
EgyptAir and Air Cairo announced on Sunday the signing of a new codeshare between the two companies, aimed at providing…
AstraZeneca manufacturing error clouds vaccine study results
World
November 26, 2020
AstraZeneca manufacturing error clouds vaccine study results
LONDON (AP) — AstraZeneca and Oxford University on Wednesday acknowledged a manufacturing error that is raising questions about preliminary results…
Iran sees foreign firms returning if US lifts sanctions
Middle East
November 24, 2020
Iran sees foreign firms returning if US lifts sanctions
DUBAI (Reuters) – Iran expects foreign companies to return to the country if US sanctions are lifted under President-elect Joe…
UAE eases limits on foreign ownership to attract investors
Middle East
November 24, 2020
UAE eases limits on foreign ownership to attract investors
DUBAI, United Arab Emirates (AP) — The United Arab Emirates has relaxed and removed a range of limits on foreign…